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

 


New investment a positive sign for oyster industry

media release

FOR IMMEDIATE USE
14 February 2013

New investment a positive sign for New Zealand oyster industry

One of New Zealand’s largest seafood companies will soon become the newest addition to the Cawthron Aquaculture Park.

Cawthron Institute and Aotearoa Fisheries Limited (AFL) have signed an agreement which will see AFL take over and expand Cawthron Institute’s commercial oyster nursery and spat growing operation at the Cawthron Aquaculture Park at Glenduan, north of Nelson. Cawthron Institute will continue to produce and supply oyster larvae to industry.

“Cawthron Institute has developed a scientific selective breeding programme for oysters over the last ten years,” Cawthron Institute Chairman Ian Kearney says. “Three years ago we established the outdoor nursery to grow and supply increased volumes of selectively bred spat to the industry.”

“It is now appropriate to allow our industry partners to take over this expanding spat production activity and for Cawthron Institute to focus its expertise on scientific research for the aquaculture industry.”

The new agreement means that from March this year, both New Zealand’s largest Pacific oyster (AFL) and Greenshell mussel (SPATnz) hatchery operations will be based at the Cawthron Aquaculture Park.

"SPATnz have been based at the Cawthron Aquaculture Park since 2010,” Cawthron Institute Chief Executive Charles Eason says. “Bringing in AFL alongside their operations supports our vision for the Cawthron Aquaculture Park as a centre of excellence for aquaculture, and a place where scientific research and development underpins industry for the benefit of our economy.”

AFL owns New Zealand’s largest oyster export companies, Pacific Marine Farms and Kia Ora Seafoods, which specialises in the export of Pacific oysters that are grown at 11 harbours which stretch from Parengarenga Harbour in the far north to the Marlborough Sounds.

AFL aquaculture general manager Don Collier says AFL have plans to significantly expand the existing facility. It has already employed additional staff to work at the Cawthron Aquaculture Park.

“Cawthron Institute is a world leader in aquaculture research, and we are excited to be strengthening our longstanding partnership with them to support the future development of New Zealand’s oyster industry,” Mr Collier says.

Professor Eason says it is an exciting initiative for AFL, Cawthron Institute, the oyster industry and the Top of the South region.

“We established the country’s first commercial oyster spat hatchery as an extension of our research into selective breeding of shellfish and to support the development of the New Zealand oyster industry,” Professor Eason says.

“Now we are passing this part of the process on, we can intensify our focus on selective breeding to enhance desirable traits in oysters such as taste, texture, appearance and survival – all of which help underpin production and support the industry.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news