Posts tagged "Sanford"

Sanford shipments delayed at China ports

[15 February /Radio NZ] Sanford Chief Customer Officer, Andre Gargiulo, said that several of its fresh salmon shipments have faced delays when being cleared through Chinese ports in the past month and that local authorities have not provided reasoning for this. The understanding is that other seafood exporters have also faced similar issues with exports...

Revamped Auckland Fish Market opens showcasing New Zealand seafood

[17 December/Stuff] The revamped Auckland Fish Market has opened in Wynyard Quarter in Auckland with owners, Sanford, looking to use the market to showcase the wide variety and quality of New Zealand fish.  The renovations have taken nine-months to complete and has resulted in the creation of 10 new eateries, 2 bars and a Sanford...

Zespri takes top honours among stellar cast

[22 November/NZ Herald] Zespri has taken out top honours as Company of the Year in the 2018 Top 200 Awards. Having obtained Most Improved Performance and Best Growth Strategy in previous years, this year the judges recognised that its superb returns represent the culmination of its long-term premium brand-led strategy. Peter McBride, the Zespri Chairman,...

Seafood industry an improving student but could try harder says executive

[2 August/Stuff] Seafood NZ Executive Chairman, Craig Ellison, updated his personal appraisal on the state of the industry at this year’s Seafood New Zealand conference. In 2017, he likened the industry to a studious pupil who showed signs of maturity, but could do better.  He now suggested the industry had made some positive moves towards...

Fishing giants under-reported hoki catch by ‘thousands of tonnes’

[24 May/Stuff] According to Fisheries Minister, Stuart Nash, fisheries companies have historically behaved badly but the reports of under-reported hoki catches several years ago was not grounds for an independent inquiry. Greenpeace Executive Director, Russel Norman, said that MPI had been captured by the fishing industry and he was not convinced anything had changed since...

Hoki Dokey: NZ fish skin facemasks to launch in China

[23 May/Radio NZ] Hoki skins that were destined for pet food are being used in facemasks to go on sale in China this month. Sanford has teamed up with innovation company, Revolution Fibres, to produce a skincare range. They claim it can reduce wrinkles by up to 31.5 percent. Revolution Fibres Research Manager, Bhuvana Kannan,...

Sanford pulls out after big salmon by-catch

[6 December/ Otago Daily Times] Fish & Game has praised Sanford for voluntarily withdrawing from trawling around Banks Peninsula. Sanford’s decision was made after one of its vessels caught nearly 400 salmon as by-catch last weekend, of which 372 were escaped farm salmon and 22 were wild fish. Fish & Game Scientist, Mark Webb welcomed...

Investment and bigger catches for Sanford’s Timaru plant

[16 November/ Stuff] Increased investment by Sanford in its Timaru operation has been welcomed as a sign of continued commitment to South Canterbury’s economy. Sanford’s annual report detailed plans to finish building a multi-purpose room to provide better capacity and flexibility for processing toothfish and fresh fish at the Timaru factory. The report also noted...

Sanford purchases Marlborough mussel firm

 [10 July/ Stuff]’ The Sanford purchase of Blenheim-based nutraceuticals company ENZAQ is being celebrated as a Win-Win for Marlborough and New Zealand’s greenshell mussel industry. ENZAQ manufactures and exports a mussel powder used in health and veterinary products. Scientists are researching the anti-inflammatory properties in Greenshell mussel and their role in reducing joint pain. ENZAQ...

Sanford profit up 25 percent

 [26 May/ Otago Daily Times] Sanford, New Zealand’s largest listed seafood company has increased profit by 25 percent to $19million, or 20.4c a share, in the six months ended 31 March, compared to $15.3million, or 16.3c, the previous year. Revenue from continuing operations increased 5 percent to $230.4million. In the most recent period, the company...

A special moment for Sanford CEO

[11 May/ National Business Review] Since Sanford Chief Executive Officer, Volker Kuntzsch, joined New Zealand’s biggest fishing company just over three years ago, its share price has increased from $4.42 to over $7 per share. Mr Kuntzsch said he had a vision of running the best seafood company in the world, but success would not...

Sanford moves to restrict foreign shareholders to protect quotas

[15 December/ National Business Review] Sanford has asked shareholders to vote for a constitutional change so it could restrict the level of foreign ownership to 22.5 percent in order to avoid jeopardising its wild catch quota. The company told shareholders that if the rising foreign investor ownership of Sanford went above the 25 percent limit,...

Fishing companies announce plan to help protect Maui dolphin, take aim at set netting

 [15 December/ NZ Herald] Moana New Zealand and Sanford have begun working with World Wildlife Foundation to protect Maui dolphins. The companies want to protect the world’s rarest dolphin from fishing nets in the dolphin’s habitat along the west coast of the North Island. The plan proposed an end to coastal set netting and conventional...

Sanford annual profit more than doubles on weaker kiwi

 [17 November/ National Business Review] NZX listed fishing company, Sanford, announced its annual results for the year to 30 September last week, reporting increased net profit (at NZD34.7 million compared to a profit of NZD13.8 million in the prior year) on the back of a weaker kiwi dollar and cheaper fuel costs. Revenue increased 2%...

Sanford’s green lipped mussels growing too big for bite size

[26 May/ Business Day] Seafood Processor, Sanford posted a profit of $18.8 million in the 6 months to 31 March, an increase of 96 percent on the same period last year, despite poor mussel sales affecting the company’s sales. Sanford Chief Executive, Volker Kuntzsch said warmer El Nino weather over summer brought warmer ocean temperatures...

Cawthron and Sanford team up in $1m mussel research to prove benefits

[2 December/ Business Day] The Cawthron Institute and Sanford are to work together to examine the health benefits of greenshell mussels. The research will help the industry develop products of appeal to the emerging market of wealthy, ageing, health-conscious consumers, predominantly in China. The research project, which will receive government funding of $1 million over...

Sanford quits Pacific tuna business, lines up buyers for vessels

[1 September/ NZ Herald] Sanford is to abandon its underperforming tuna business, selling the units fleet. Sanford Chief Executive, Volker Kuntzsch said unsatisfactory returns driven by low prices, the strict commodity nature of skipjack tuna as well the increasing costs of accessing fisheries resulted in the decision to exit the tuna business. The company has...