Sealord to make significant investment in fishing fleet

New Zealand deep sea fishing company Sealord is to make a $70 million investment in its fishing fleet with the purchase of a new state-of-the-art vessel. Chief Executive Officer Steve Yung says Sealord’s shareholders, Maori-owned Moana New Zealand (Aotearoa Fisheries Limited) and Japanese company Nippon Suisan Kaisha, Ltd (Nissui), have committed to the vessel purchase, which they will part-fund.

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