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

 


Precision Seafood Harvesting Wins At 2014 KiwiNet Awards

12 June 2014

News Release

Precision Seafood Harvesting Wins At 2014 KiwiNet Awards

Precision Seafood Harvesting or PSH – a new, sustainable fishing technology tipped to revolutionise the global industry – won two major categories at the KiwiNet Research Commercialisation Awards last night along with being named runner up for the night’s Supreme Award.

Primary Industries Minister Nathan Guy has welcomed the “fitting recognition” of the six-year Primary Growth Partnership (PGP) programme. Precision Seafood Harvesting is the commercialisation phase of nearly ten years of New Zealand research. Fishing companies Aotearoa Fisheries, Sanford and Sealord are investing $26 million into the project under a Primary Growth Partnership with the Ministry for Primary Industries, which is matching the industry investment. Scientists at Plant & Food Research are partnering with the fishing companies to develop and trial the technology on commercial fishing vessels.

“The programme is in its third year of commercialising fishing technology that will allow fish to be landed alive, and in perfect condition, while safely releasing small fish and by-catch,” says Guy. “The potential economic and environmental benefits are huge, and it’s no surprise it’s attracting so much attention. This is a $52 million project with funding from both industry and government.”

PSH netted the Researcher Entrepreneur Award for Alistair Jerrett at Plant & Food Research, recognising smart entrepreneurship and the vision and ability to bring clever science to market. The programme also took out The People’s Choice Award recognising the Plant & Food scientists voted by their peers following yesterday’s Awards Day presentations for research commercialisation excellence that is well presented and inspires others. PSH was also named runner up for the Kiwinet Supreme Award.

Alistair Jerrett said he was humbled by the award and thanked the fishing company partners in the project for their foresight to “collaborate on and invest in creating a sustainable future for fishing, which has the ability to change the way the world fishes. “

Sealord CEO Graham Stuart, said that PSH was a “once in a lifetime opportunity for science, Government and the companies involved. The positive impacts of the technology for sustainability and quality are transformative and expected to boost export returns by $100m by 2020 through use of the PSH technology.”

PSH is a best-practice example of the innovation that the partnership between government, Crown Institutes and businesses enables.

”It shows that smart ideas and smart action deliver smart results,” says Guy.

KiwiNet, or the Kiwi Innovation Network, is a consortium of 13 Universities, Crown Research Institutes and a Crown Entity established to boost commercial outcomes from publicly funded research. -ends-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news