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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,