Hangana revives abalone farm

17 September 2018 | Business

The minister of fisheries and marine resources, Bernard Esau, officially launched the Hangana Abalone Farm in Lüderitz on 7 September.

Esau hailed the revival of the abalone farm at a cost of approximately N$40 million (including N$ 13 million paid for the old farm) by the Ohlthaver & List Group, through its subsidiary company Hangana Seafood, as a remarkable investment in Namibia’s mariculture subsector.

“This investment will expand abalone production capacity from the current 35 metric tons (MT) annually to 300 MT in the next 4 years. The farm will also employ approximately 300 Namibians when it becomes fully operational.”

Esau said the investment demonstrates there are lucrative investment opportunities other than fishing rights and quotas in Namibia’s coast.

“Abalone production in Lüderitz and all along the coast of Namibia is sustainable as it only needs kelp to feed it. We must continue to encourage aquaculture, including cage culture, ranching, on-shore and inland aquaculture because this is the future of our fisheries. Government is keen to ease pressure on our marine fish stocks by encouraging mariculture and inland aquaculture as a means to increasing our total fisheries and marine resources production.”

Esau also pointed out that abalone farming is ecologically and economically viable in Namibia and a lucrative product with the market demand far exceeding global supply.

“With prices exceeding N$500 per abalone, poaching of this marine species is a global problem with governments closely cooperating on combating it,” said Esau.

“Abalone is a very popular protein across the globe. The Hangana Abalone Farm will mean an expansion of Namibia’s footprint on the global front in terms of fish supply, and it could set us apart as a leader, internationally, as abalone is a much loved delicacy, especially in fine-dining,” said Hangana Seafood MD Herman Theron.

“We could not sit back and watch this goldmine of potential for Namibia go to waste. We saw the need for this treasure to be revived and rejuvenated, and we grabbed the opportunity. A further N$20 million will be invested over the next 12 to 16 months.”

Abalone is a type of large snail which is slow-growing and takes eight to nine years to reach the minimum legal size (114 mm shell breadth). In South Africa the name abalone refers to Haliotis midae “perlemoen”. This name comes from the Dutch term Paarlemoer, meaning “mother of pearl”.

The main export market for Hangana abalone is Asia where it has long been appreciated for its health benefits. Farmed abalone is low in fat and a good source of omega 3, iodine and phosphorous (phosphate).

Similar News

 

Serving the best ice cream in town

3 days ago - 18 March 2019 | Business

A warm welcoming smile greets many who visit Ice and Spice Café, situated at Ankerplatz in 11 Sam Nujoma Avenue in Swakopmund..It is the place...

Internship programme enhances skills

3 days ago - 18 March 2019 | Business

Erongo Marine Enterprises (EME) has given four students from the Namibia University of Science and Technology (Nust) the opportunity to hone their skills in the...

EBHN trims work force further

3 days ago - 18 March 2019 | Business

Elgin Brown & Hamer Namibia (EBHN) confirmed on 12 March that the company has entered into another round of retrenchments. The company said via a...

Silver jubilee celebrations for Malherbe

1 week ago - 11 March 2019 | Business

ADVERTORIAL Leandrea Louw - Malherbe Associates Incorporated based in Walvis Bay are celebrating 25 years of providing affordable, reliable legal aid services to...

A place to meet and eat

1 week ago - 11 March 2019 | Business

A warm welcome, a smile, a “welcome back” or a hug awaits many that visit Probst Restaurant. For some it's a tradition to come...

A mixture of local and international cuisine

2 weeks ago - 04 March 2019 | Business

Swakopmund • Leandrea Louw Hotel Deutsches Haus situated at 13 Lüderitz Street in the vibrant heart of Swakopmund, offers a variety of food for the...

Keeping Namibia lubricated

3 weeks ago - 25 February 2019 | Business

Bachmus Oil & Fuel Supplies is celebrating 25 years of providing quality products, while rendering excellent service to thousands of clients. Whitey...

Namport board lauds /Uirab

1 month - 18 February 2019 | Business

The term of office of Bisey /Uirab, the CEO of Namport, is coming to an end in the next few months.The board of the Namibian...

Maritime officers establish association

1 month - 18 February 2019 | Business

Plans to launch a revitalised Namibian Maritime Officers and Shipping Association (Namosa) after a 15-year slumber are advancing well. Maritime officers initially met in...

New coastal depot for Namibia Breweries

1 month - 11 February 2019 | Business

Leandrea Louw - The N$27 million Namibia Breweries Limited (NBL) coastal depot based in Walvis Bay was officially opened on Wednesday evening.The depot will be...

Latest News

Hepatitis E hits harbour town...

3 days ago - 18 March 2019 | Health

The municipality of Walvis Bay called on residents not to panic in the wake of a reported hepatitis E outbreak in the coastal town. More...

Plastic bag levy put to...

3 days ago - 18 March 2019 | Local News

Otis Finck - Money generated from the sales of plastic shopping bags at Superspar Swakopmund and Spar Ocean View was put to good use recently....

Orano Mining donates 22 computers

3 days ago - 18 March 2019 | Local News

Adolf Kaure - Orano Mining handed over 22 computers with a combined value of N$22 000 to the Erongo regional council (ERC). Orano Mining’s spokesperson...

Linking up Namibia

3 days ago - 18 March 2019 | Infrastructure

Otis Finck - The minister of works and transport, John Mutorwa, and the deputy minister of national planning, Piet van der Walt, conducted site visits...

School proud of JTC members

3 days ago - 18 March 2019 | Education

Karibib Private School boasts with four members who are part of the Karibib junior town council. Pictured here, from left to right, are Purity Rukero...

Gone but never forgotten

3 days ago - 18 March 2019 | Local News

Karl Philander - The community of Kuisebmond mourns the tragic death of young Jackson Iipinge, a learner at Kuisebmond Secondary School who passed away on...

ISWB awards its best

3 days ago - 18 March 2019 | Education

Karl Philander - The International School of Walvis Bay (ISWB) recently held its inter-house athletics and awarded the best athletes.The Cobras and Scorpions competed against...

Mr Walvis Bay 2019 crowned...

3 days ago - 18 March 2019 | Events

Leandrea Louw - The fifth annual Mr Walvis Bay competition took place last week with the theme “Biker Boys”. Rowellyn Polster was crowned as Mr...

Thankful for independence

3 days ago - 18 March 2019 | Local News

Adolf Kaure - The battle for Namibia to gain independence was a long and worthwhile one.Swakopmund-based entrepreneur Nancy Garoes (28), who owns a health studio,...

Load More