Oceana Group

Friday, December 19th, 2014,

Investors

Oceana Group Limited's 2013 Integrated Report provides material information relating to the group's strategy, governance practices and performance for the financial year ended 30 September 2013

Read more >

Blue Continent Products

Oceana Group

Blue Continent Products specializes in the fishing, processing, procurement, international market distribution and trading of local and foreign caught demersal species.

Horse mackerel

Oceana’s horse mackerel business is conducted through subsidiaries Blue Continent Products (BCP) in South Africa and Erongo Marine Enterprises (EME) in Namibia and Oceana International on the Isle of Man.

Oceana International is a trading company sourcing frozen fish globally, including horse mackerel, for the African market. Horse mackerel is widely consumed in Southern and West Africa from South Africa to Ghana and Nigeria.

EME, as an operating company, owns 3 Pulkovsky meridian / BATM type vessels. The 3 vessels are each 104,5 meters in length with 4407 gross registered tons. The combined annual catch of Horse Mackerel for the three vessels is approximately 100,000 metric tons. The vessels carry two fisheries inspectors who act as compliance observers. EME is centered in Walvis Bay, where selected joint ventures with key empowerment partners afford Oceana access to sustainable quotas plus a wealth of local expertise.

In South Africa, BCP harvests its fishing rights with a dedicated midwater trawler, the Desert Diamond valued at R280 million. The Desert Diamond also has scientific observers on board for every trip. They collect data for research purposes, as well as conducting compliance duties. BCP runs a cadet training program on board the Desert Diamond. For more information on this initiative, please click here.

Oceana’s product quality controllers are on board every fishing trip in South Africa and Namibia. Training of local marine engineers and technical staff continues, supported by graduate recruitment programs.

Hake

Blue Continent Products operates four bottom trawlers which catch hake, monk, kingklip and other by-catch which are processed and frozen at sea. The hake catch is made up of its own commercial fishing rights allocation, as well as that of its joint venture partners. It is caught using deep sea trawlers, Compass Challenger, Realeka , Toralla and Sandile. All hake and joint venture product is boxed and frozen at sea. The hake products are sold on local and export markets, particularly in Spain, Portugal, Netherlands, Australia and Korea.

The South African hake trawl fishery is MSC certified, which confirms compliance with the MSC’s rigorous standards concerning responsible and sustainable fishing. BCP holds a marine stewardship Council (MSC) certificate for compliance with the MSC chain of custody requirements for its hake products.

Email

Hake: Horse Mackerel: