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

 


Iwi owned oyster business cements partnership with Cawthron

Media release from Aotearoa Fisheries Ltd

Iwi owned oyster business cements partnership with Cawthron Institute

Iwi owned seafood company Aotearoa Fisheries Ltd this week signed an agreement with Cawthron Institute in respect to their Pacific oyster hatchery and oyster nursery based at Glenduan, north of Nelson. Under the agreement Aotearoa Fisheries will take over the Pacific oyster Nursery and Spat growing operations. Three of Cawthron Institute’s staff involved in the Nursery and growing operations will be seconded to Aotearoa Fisheries. Cawthron Institute will continue to spawn and produce Pacific oyster larvae at the site.

Aotearoa Fisheries is one of New Zealand’s largest fishing and seafood businesses and is the largest Pacific oyster company in New Zealand, trading as Kia Ora Seafoods and Pacific Marine Farms. This deal follows on from Aotearoa Fisheries acquisition of Sanford NZ Limited’s North Island Pacific oyster farms last year.

Aotearoa Fisheries General Manager of Aquaculture, Don Collier says the deal cements a long term relationship with the Cawthron Institute and made sense from two perspectives.

“First and foremost, our oyster business’ growth plans have been based on making available to our customers Pacific oysters of the highest quality. The oysters are bred from wild parents who have been selected for traits that enhance the “plate appeal” and demand for our oysters, much as New Zealand’s agricultural and horticultural sectors have been doing for many years in their research programmes. This agreement will enable us to meet expected growth in demand, and provides the incentive to invest in expanding capacity at the Nelson site. New capital investment at the site has already begun.

Secondly, the problems being faced by the Pacific oyster industry since 2010, in the wake of the OSHV-1 oyster virus have illustrated how vulnerable it is to be totally reliant on a natural wild catch. By applying sound science and research, coupled with flexible marine farming husbandry we get the opportunity to manage our destiny when nature throws up curve balls”

The current research programme into developing virus resilient family lines is progressing, although it is still very much work in progress.

Collier says credit needs to be given to Cawthron Institute, who have engaged with ourselves and others in the industry in oyster breeding programmes for at least 10 years and had the foresight to invest in an oyster hatchery and nursery.

“We can now build on that investment. We will still be reliant on their expertise, however the line where decisions are made in respect to growing oyster spat to market size has moved closer to commercial operators. This agreement enables Cawthron Institute to give more focus to its core purpose being advanced research, for which it is internationally recognised.”

Collier goes on to say that arrangements are also nearly finalised with New Zealand’ s second largest hatchery bred oyster farmer , Te Matuku Bay Oysters based on Waiheke Island, which enables them to be part of this arrangement. Te Matuku Bay are also one of the early pioneers in single seed hatchery bred oysters.

Te Matuku Bay manager Nat Upchurch says “We are delighted to be part of this relationship. In the aftermath of the oyster virus we are determined to restore confidence in supply for customers.”

Collier finished by saying that as part of the agreement with Cawthron Institute, offers of supply of nursery grown oyster spat will be made by Aotearoa Fisheries to current customers of Cawthron Institute, and also that purchases of very small oyster spat and oyster larvae directly from Cawthron Institute will still be an option available to other oyster industry participants.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>

ALSO:

Odometer Moments: CO2 Hits 400ppm

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero carbon future. More>>

Trust Planned: Shared Vision For Mackenzie Basin Welcomed

Conservation Minister Dr Nick Smith and Environment Minister Amy Adams today welcomed a report proposing a way to manage the contentious land intensification, water, landscape, and biodiversity issues in the Mackenzie Basin. More>>

ALSO:

Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

ALSO:

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

ALSO:

Scoop Business: NZ Jobless Rate Falls To 6.2% On Record Employment Jump

New Zealand’s jobless rate fell to a three-year low in the first three month of the year as the employment rate grew for the first time in four quarters, fuelled by demand for workers in Canterbury. More>>

ALSO:

New SOP: No Patents For Computer Software

“Following consultation with the NZ software and IT sector, I am pleased to be further progressing the Patents Bill with this SOP. These changes ensure the Bill is consistent with the intention of the Commerce Select Committee recommendation that computer programs should not be patentable,” says Mr Foss. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news