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Finweek English Edition - - MARKETPLACE PRO PICK -

Hake is a white fish found along parts of the At­lantic and Pa­cific Ocean coast­lines. Cape hake ac­counts for roughly 29% of global hake sup­ply, with around 50% of it sourced from SA and the re­main­ing 50% from Namibia.

Since 2004, SA’s hake fish­ing in­dus­try has been cer­ti­fied by the Marine Stew­ard­ship Coun­cil

(MSC) – a rig­or­ous sus­tain­abil­ity stan­dard which re­quires, among other cri­te­ria, that an­nual catch vol­umes are kept to a re­new­able thresh­old. This is man­aged with an an­nu­ally re­vised to­tal al­low­able catch (TAC), en­forced based on sci­en­tific guid­ance to en­sure sus­tain­abil­ity.

Suc­cess­ful fish­ing right ap­pli­cants are

Im­proved prof­itabil­ity ex­pected

Over the past three years, Sea Har­vest has made sig­nif­i­cant cap­i­tal in­vest­ments into profit-en­hanc­ing projects for its fleet and man­u­fac­tur­ing fa­cil­i­ties. This in­cludes the ad­di­tion of two new fac­tory freezer trawlers,

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