Oceana Group

Sunday, 2 August 2015

Investors

Oceana Group Limited's 2014 Integrated Report provides material information relating to the group's strategy, governance practices and performance for the financial year ended 30 September 2013

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Oceana Lobster

Oceana Group

The lobster, squid and French fries division include three SBUs, which share a number of similar attributes in processing and marketing, and where synergies in administration make management more effective and the businesses more profitable. The division is internationally respected as a reliable producer and exporter of prime quality live and frozen South African rock lobster and frozen squid product and produces and markets value-added potato products through Lamberts Bay Foods.

Oceana Lobster
(West coast rock lobster (Jasus Lalandi) and south coast rock lobster (Palinurus Gilchristi))

Oceana Lobster Limited is the lobster processing operation of the Oceana Group with over 90 years’ fishing experience. Our factories are situated along the West Coast of South Africa as well as around the Cape Peninsula. Oceana Lobster is internationally respected as a reliable producer and exporter of prime quality South African rock lobster products. The division produces and exports quality live and frozen lobster. The company operates in strict accordance with Ministry controls and annual TACs to ensure the sustainability of the resource. These controls include adhering to a minimum carapace length, no fishing during the closed season, complying with our catch limits and a prohibition on catching females in berry or soft-shelled specimens.

Ongoing research, development and training ensure that our products are produced to the highest international standards. The complete process is handled in accordance with HACCP standards – from catching and processing, maintaining the cold chain, to arrival in international markets.

Oceana Lobster operates a fleet of ten specialised vessels, catching along a thousand kilometre stretch of South Africa's coastline. We operate three HACCP-accredited processing plants, which produce live, whole frozen, nitrogen frozen lobsters and lobster tails.

Lobsters are caught with baited lobster pots and kept alive in seawater tanks. World-class factories ensure hygienic preparation, freshness and international quality standards. Only lobsters in perfect condition are processed for export. Oceana has extensive freezing and cold storage facilities at each of its factories as well as direct access to Cape Town International Airport. Our products are marketed to the Far East, Europe and the USA.

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