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

 

BusinessDesk: SkyCity Lifts Minimum Convention Centre Investment To $430M

SkyCity Entertainment Group, the casino operator, has lifted the minimum it will invest in the Auckland International Convention Centre to $430 million and said total costs including land may be $450 million to $470 million. More>>

Statistics: Drop In Dairy Prices Leads Fall In Exports

Total goods exports fell $240 million (5.5 percent) to $4.2 billion in April 2015 compared with April 2014, Statistics New Zealand said today. More>>

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>

BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>


Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>

BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Housing: More House Price Gains Expected

House price expectations remain high, with a net 56% of respondents expecting house prices will increase. Fears of higher interest rates are fading, consistent with the RBNZ’s signals this year. Affordability and a lack of houses for ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news