Oceana wants higher horse mackerel quota in Namibia, FY Group operating profit up 18 percent
SEAFOODNEWS.COM [All Africa] - November 26, 2014 -
The fishing group, Oceana, whose major operations are in Namibia and South Africa, is seeking to increase its horse mackerel quota in Namibia.
In 2014 season, the Minister of Fisheries and Marine Resources Bernard Esau set the horse mackerel total allowable catch at 350,000 tonnes.
Oceana said in annual results for the financial year ended 30 September, that the ministry continued to allocate further quota to new rights holders which resulted in a reduction of its quota.
"This had a negative impact on the overall tonnage caught despite good catch rates. One of our three Namibian trawlers...
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