Sanford sought smaller orange roughy cut, Sealord takes more conservative view

Sealord's iwi and Japanese shareholders have an intergenerational perspective. (Image: Sealord)

Thu, 03 Oct 2024

Sanford may not be getting all the orange roughy it wanted but major rival Sealord is happy to take the cut.As the fishing year started on Tuesday, Sanford had to contend with seeing the catch allowance for a major orange roughy fishery, known as the Challenger Plateau, cut by 57% rather than the 20% it had asked for.That loss was offset by an increase in the allowance for some snapper stocks; however, Forsyth Barr analyst Matt Montgomerie told BusinessDesk both fish were only a small part of Sanford’s catch volumes.‘Problem species...

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