INDUSTRY REPORTS PUBLICATIONS DATA FEED SERVICES WOWEB CONTACT US
Item added to your cart
Ocean and Coastal Fishing and Fish Farming
BY Yasmin Mahomedy
South Africa
09 February 2018
R 10 080.00 (ZAR)  
estimated $ 731.44 (USD) *
Buy Now

Ocean and Coastal Fishing and Fish Farming


The domestic fishery sector is divided into two sub-sectors: the wild capture fisheries, which include commercial, recreational and small-scale fisheries; and aquaculture, including mariculture, which is considered undeveloped but which is growing more rapidly than all other animal food-producing sectors. In the commercial fishing sector enterprises range from relatively small-scale Cape rock oyster fisheries, to the highly industrialised multi-million Rand deep-water trawl industry, which primarily targets hake. Together the commercial fishing and aquaculture sectors are valued at approximately R6.67bn annually and employ more than 9,600 people.


Fishing rights


The Small-scale Fisheries Policy implemented in May 2013 allows small-scale fisheries the opportunity to have equal access to the country’s marine resources after having to compete for years with commercial fishing companies. In 2006 the allocation of medium to long-term fishing rights was finalised for a period of time in the hope of stabilising the various sectors, enabling companies to invest in commercial fishing with confidence and empowering previously disadvantaged fishermen. However, dissatisfaction from both sides concerning the allocation of the Total Allowable Catch (TAC) from local stocks continues.


Report Coverage


The report on South Africa’s fishing and fish farming industry describes current conditions, developments in the sector which is being threatened by poaching and overfishing, and factors that influence the success of fishing entities. Profiles for 18 companies, seven active in the commercial ocean fishing sector, and 11 in the sector, are provided. Included is one of the market leaders, Sea Harvest which in December 2017 reported it had entered into negotiations to acquire the entire business of Viking Fishing and a 51% majority stake in Viking Aquaculture. Also profiled is HIK Abalone Farm (Pty) Ltd, an aquaculture company that employs 170 people in the cultivation of 190kg of abalone every year for local and international markets.


Page
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 3
2.2. Geographic Position 4
3. SIZE OF THE INDUSTRY 6
4. STATE OF THE INDUSTRY 14
4.1. Local 14
4.1.1. Corporate Actions 21
4.1.2. Regulations 21
4.1.3. Enterprise Development and Social Economic Development 24
4.2. Continental 25
4.3. International 27
5. INFLUENCING FACTORS 28
5.1. TAC and Quotas 28
5.2. Economic Environment 29
5.3. Government Initiatives 29
5.4. Rising Operating Costs 30
5.5. Technology, Research and Development (R&D) and Innovation 31
5.6. Labour 33
5.7. Environmental Concerns 35
6. COMPETITION 37
6.1. Barriers to Entry 37
7. SWOT ANALYSIS 38
8. OUTLOOK 39
9. INDUSTRY ASSOCIATIONS 39
10. REFERENCES 40
10.1. Publications 40
10.2. Websites 40
COMPANY PROFILES - OCEAN & COASTAL FISHING 41
AFRICAN MARINE PRODUCTS (PTY) LTD 41
IRVIN AND JOHNSON LTD 43
OCEANA GROUP LTD 47
PIONEER FISHING (PTY) LTD 52
PREMIER FISHING SA (PTY) LTD 55
SEA HARVEST CORPORATION (PTY) LTD 58
VIKING FISHING COMPANY (DEEP SEA) (PTY) LTD 60
COMPANY PROFILES - FISH HATCHERIES & FISH FARMS 63
ABAGOLD LTD 63
AQUNION (PTY) LTD 66
BLUE OCEAN MUSSELS (PTY) LTD 68
BLUE-GREEN AQUACULTURE (PTY) LTD 70
HIK ABALONE FARM (PTY) LTD 71
IRVIN AND JOHNSON LTD 73
JACOBSBAAI SEA PRODUCTS (PTY) LTD 77
LA PIEUS AQUA (PTY) LTD 79
PREMIER FISHING SA (PTY) LTD 80
WEST COAST ABALONE (PTY) LTD 83
WILD COAST ABALONE (PTY) LTD 85