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

 

Pre-Budget: Computer Emergency Response Team, Assemble!

John Key told the country's first ever Cyber Security Summit in Auckland that the government had earmarked funding set up a national Computer Emergency Response Team to help prevent and act on cyber incidents in partnership with the private sector and other organisations. More>>

ALSO:

Job Cutter Goes: Mark Weldon To Step Down As MediaWorks CEO

“When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competitor in the market, with a sound and sustainable future. It was a big brief, laden with inherent challenges, but I took it in good faith and have dedicated myself fully to the goal since." More>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news