Hook, line and stinker? Fishing company loses boat twice in two years

Hook, line and stinker? Fishing company loses boat twice in two years
Tuna Fishing Company has had its boat forfeited to the Crown twice within two years. (Image: Getty)
Oliver Lewis
A tuna fishing company has had its boat forfeited to the crown twice in two years for fisheries offences.Environmental groups like Forest & Bird have slammed the forfeiture regime as ineffective and misleading, as fishers invariably get their boats back by paying a redemption fee.As BusinessDesk revealed last year, between 2016 and 2021, every forfeited fishing vessel was eventually returned to its owner.At the time of the initial reporting, prosecutions brought by the Ministry for Primary Industries (MPI) in the previous five years had res...

More Primary Sector

Kiwifruit record: Zespri achieves $5b sales milestone
Primary Sector

Kiwifruit record: Zespri achieves $5b sales milestone

Zespri sold a record 220.9 million trays of kiwifruit in 2024-25.

Staff reporters 22 May 2025
Record gold prices boon for scrap buyers
Primary Sector

Record gold prices boon for scrap buyers

New Zealanders are looking for money to be made in their jewellery drawers.

Gregor Thompson 22 May 2025
Cold storage behemoth plans massive Canterbury facility
Primary Sector

Cold storage behemoth plans massive Canterbury facility

Lineage had the biggest IPO on the Nasdaq last year.

Oliver Lewis 21 May 2025
Wine sector has harvest windfall, faces pricing pressures
Primary Sector

Wine sector has harvest windfall, faces pricing pressures

The harvest jumped as much as 39% compared with the prior season. 

Rebecca Howard 21 May 2025