Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Oyang 77 captain, manager charged in NZ over fish dumping

Oyang 77 captain, manager charged in NZ over illegal fish dumping

By Hannah Lynch

May 16 (BusinessDesk) - The skipper and factory manager of the Oyang 77, a fishing vessel part-owned by South Korea’s biggest fishing company, will face 13 charges of misreporting and illegal dumping of fish, the Ministry of Primary Industries says.

The skipper faces eight charges, while three have been laid against the factory manager. The two men will appear in court on July 5.

“Commercial fishing relies largely on the honesty of fishers and their understanding that complying with regulations ensures the sustainability of the resource they depend on for their business," said Scott Gallacher, the ministry’s deputy director-general.

The operator of the vessel, Southern Storm Fishing, is about 25 percent-owned by Korea's Sajo Oyang Corp and 75 percent by Christchurch-based fish and food company owner Choi Hyun Gwan, according to the Companies Office.

Another vessel owned by Sajo Oyang, the Oyang 75, is separately before the courts on 26 fishing charges.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news