STEP CHANGE FOR SEALORDS?

The New Zealand Seafood industry gasped in shock when Sealords announced it had sold its mussel farms to Sanfords for 34 mil back in 2009. The price was considered a steal and Maori worried that the company was selling off the family silver.

The company like many others in the industry retrenched.

Today the new manager of Sealords Graham Stuart reckons that its time to get back into Aquaculture.

Maybe. We are pleased to see the man at the wheel of the good ship Sealord speak so positively and set the course for some new acquisitions.

However there is a still general concern over the Moana Pacific deal which would see MP folded into Sealords . That essentially means that Sealords partners Nissui would end up with a good portion of New Zealands innovative inshore industry for 2 tenths of bugger all.

So we will continue to keep a weather eye on Maori Fisheries interests as should all iwi.

KAHUNGUNGU FISH GETS FRIED SOON

We are expecting an announcement on the fate of Ngahiwi Tomoana, the chair of Te Ohu Kai Moana in the next few days.

Governance is a word all good Maoris need to spell and understand.

Sad really Ngahiwi is a nice bloke.

We are expecting that Mat Rei will be the new fella in the top chair

SHOO SHIMI - MAORI FISH KOHA TO NIPPON?

Well we hinted at some issues within Maori Fish interests. Someone has laid down some pieces of the puzzle..

Anyone else out there who has more? Will iwi see the great Sealords deal skelatonised like a filleted Hoki?

Codename 'Mata' - concerted effort from some Maori fisheries 'leaders' to give the Japanese more fisheries assets for no greater control of Sealord. Here Nissui-san, please have some more of our assets... The relationship with Nissui has never delivered the promised benefits back to iwi and one wonders of the idiocy of those in control about this deal. Shane Jones will no doubt be in support though... Another nail in the coffin of the collective model. 2016 - give the assets back to iwi; many will lose them but at least it will be through their own incompetence, not the incompetence of a bunch of nobodys. By Anonymous on WHY SUBSIDISE THE UBER WAKA? on 4/7/11