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Ocean and Coastal Fishing and Fish Farming
BY Yasmin Mahomedy
South Africa
27 February 2020
R 14 400.00 (ZAR)  
estimated $ 866.34 (USD) *
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Ocean and Coastal Fishing


South Africa consumes approximately 312 million kilograms of seafood annually, of which 50% is caught locally and 70% is sardine and hake. Fishing rights were last allocated in 2005 and expire in December 2020, and it is expected they will be adjusted to give community-based and small black-owned fishing enterprises increased access to allocated rights.


Aquaculture


With natural fish resources in decline and growing demand for fish, aquaculture is becoming increasingly important. There are more than 195 operating marine and aquaculture farms in South Africa, but aquaculture remains a small part of the industry. The Operation Phakisa programme aims to stimulate job creation and promote food security by investing in the ocean economy, including aquaculture. Despite investments of R41.1bn, which is about R9bn above target, almost 10,000 direct jobs were created in the five years since the programme was launched against a 77,000 target.


Transformation


Research indicates that historically disadvantaged people hold about 66% of companies harvesting 90% of the hake deep-sea trawl catch. Their share has more than doubled from around 30% in 2005. The Small-scale Fisheries Policy was aimed at giving small-scale fisheries the opportunity to have equal access to the country’s marine resources as commercial fishing companies. In November 2019, 1,500 people represented by 20 small-scale fishing co-operatives were awarded subsistence and commercial fishing rights


Report Coverage


This report on Ocean and Coastal Fishing includes comprehensive information on the fishing industry including the state and size of the sector, performance of the major players and developments in regulation including fishing rights and allowable catches. There are profiles of 16 companies including major companies in the sector such as Oceana, Sea Harvest, I&J and Pioneer and aquaculture and abalone farmers such as HIK Abalone farm, Blue-Green Aquaculture, La Pius Aqua and West Coast Abalone.


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 7
4.1. Local 7
4.1.1. Corporate Actions 15
4.1.2. Regulations 15
4.1.3. Enterprise Development and Social Economic Development 17
4.2. Continental 19
4.3. International 20
5. INFLUENCING FACTORS 22
5.1. Total Allowable Catch and Quotas 22
5.2. Economic Environment 23
5.3. Government Initiatives 23
5.4. Rising Operating Costs 24
5.5. Technology, Research and Development (R&D) and Innovation 24
5.6. Labour 26
5.7. Environmental Concerns 28
6. COMPETITION 30
6.1. Barriers to Entry 31
7. SWOT ANALYSIS 31
8. OUTLOOK 32
9. INDUSTRY ASSOCIATIONS 32
10. REFERENCES 33
10.1. Publications 33
10.2. Websites 33
APPENDIX 1 35
Ocean & Coastal Fishing 35
Fish Hatcheries & Fish Farms 39
COMPANY PROFILES – OCEAN & COASTAL FISHING 42
AFRICAN MARINE PRODUCTS (PTY) LTD 42
IMPALA FISHING (PTY) LTD 44
IRVIN AND JOHNSON LTD 45
OCEANA GROUP LTD 49
PIONEER FISHING (PTY) LTD 54
PREMIER FISHING SA (PTY) LTD 57
SEA HARVEST CORPORATION (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 81
WEST COAST ABALONE (PTY) LTD 84
WILD COAST ABALONE (PTY) LTD 86