Sea Harvest extends supply agreement with Vuna Fishing

The exterior of a Sea Harvest processing facility

Cape Town, South Africa-based Sea Harvest Corporation, a subsidiary of seafood company Sea Harvest Group, has announced the three-year extension of its supply agreement with two related parties – Vuna Fishing Company and SeaVuna Fishing Company – for the exclusive right to purchase hake and related fish products.

SeaVuna Fishing Company is a wholly owned subsidiary of Vuna Fishing Company, which is a joint venture of Brimstone Investment Corporation. The supply agreement stipulates that fish caught by Vuna Fishing Company and SeaVuna will be marketed by Sea Harvest Corporation.

“The supply agreement is an important source of product for Sea Harvest, and accordingly, the rationale for concluding the extension agreement is to provide continuity to Sea Harvest and to ensure security of supply,” Sea Harvest said ... 

Photo courtesy of Sea Harvest

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