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

 


Ngāti Kahungunu and Sealord announce fishing deal

3rd June 2014

Ngāti Kahungunu and Sealord announce fishing deal

A deal allowing New Zealand’s third largest iwi to be more directly involved in the use of its fishing quota has been signed in Nelson.

The arrangement between Ngāti Kahungunu and Sealord will see the two organisations work together in the sustainable utilisation of fishing quota, employ and develop iwi members whilst at the same time maximising profitable returns to iwi.

According to Mike Paku (Ngāti Kahungunu) the deal is more substantive than the year-by-year sale and purchase of ACE (annual catch entitlement) approach previously used by the iwi.

“Ngāti Kahungunu and Sealord share a common recognition that quota is taonga that must be protected for future generations and that this can be achieved whilst maximising the income from this valuable asset,” said Paku.

The agreement includes a programme to increase training and employment and for Ngāti Kahungunu to gain valuable experience in the different elements of the fisheries value chain.

General Manager of Sealord Fishing, Doug Paulin explains that the former includes scholarships at the Westport Deepsea Fishing School, similar to those established with Tainui.

“Sealord has been developing relationships with iwi through our ‘Ihu to Mai’ programme which we believe benefits all parties. Ihu to Mai increases the long term access to quota for Sealord and provides a more direct influence in the way fishing assets are sustainably utilised for iwi,” Paulin said.

The deal includes a range of species including hoki, bluenose, alfonsino, jack mackerel and oreo. This ACE will vary each year according the Total Allowable Commercial Catch set by the Minister of Primary Industries as part of the New Zealand quota management system.

About Ngāti Kahungunu
Ngāti Kahungunu has the third largest Iwi population, The 2013 NZ Census and Local Government statistics show that 61,626 people or 9.2 percent of the Maori population belong to Ngāti Kahungunu.

A large percentage of Kahungunu people reside outside the traditional iwi boundaries. Many more, not included in the census count, reside overseas. Geographically, Ngāti Kahungunu has the second largest tribal rohe in the country, from the Wharerata ranges in the Wairoa District extending to Cape Palliser in South Wairarapa. The coastal boundaries are Paritu in the North to Turakirae in the South.

About Ihu to Mai
Ihu to Mai refers to a waka that has been hauled through the passages of time (that has a significant history, as does Sealord). It acknowledges leaders who have withstood the test of time, especially by harnessing and diversifying their potential (pitomata) and forging ahead into an ever changing ocean.

Ihu is short for Ihuwaka which is the bow of a waka, but it also means leader and can refer to the umbilical cord or heart of a tree. These are all strong images and connections - the type of commitment and leadership Sealord strives for.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Taxing Multinationals: EU Ruling Sours Apple

Shares of Apple slid, down 0.9 percent as of 3.08pm in New York, after the European Commission ruled that Ireland granted the company undue tax benefits of up to 13 billion euros (US$14.5 billion)—"illegal aid” under EU rules that the commission says Ireland now must recover from Apple. More>>

ALSO:

NZX Review: Best Practice Code Recommends Code Of Ethics

NZX, the sharemarket operator, is seeking feedback on proposed changes to its corporate governance best practice code including a published code of ethics, rules about share trading and continuous disclosure, and more transparency over board appointments and chief executive pay. More>>

ALSO:

Auditors:

Signs Of Life? SETI On Russian Space(?) Signal

A star system 94 light-years away is in the spotlight as a possible candidate for intelligent inhabitants, thanks to the discovery of a radio signal by a group of Russian astronomers... Could it be a transmission from a technically proficient society? At this point, we can only consider what is known so far. More>>

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news