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ANTARCTIC FISHING FOR FORTUNA

ANTARCTIC FISHING FOR FORTUNA

By J. Brock (FINN)

Fortuna Ltd has announced the purchase and addition to their Falklands registered fishing fleet of the 55--meter Ice class longliner Tronio, Modern class of longliner specifically designed for ice fishing in Antarctica.

The vessels annual cycle begins in exploratory fisheries targeting Antarctic Toothfish and conducting research on behalf of the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) within the Antarctic ice--belt.

The vessel joins the MSC South Georgia Toothfish Fishery In April, targeting Patagonian Toothfish, supplemented with Swordfish quota caught in more northerly waters.

At 1058 gross tonnes with a substantial holding capacity and state of art frozen-- at--sea factory Tronio can process and load in excess of 300,000 Kilos of premium quality product and over 500,000 Litres of fuel giving her a wide range of operation and impressive autonomy, which are dominant factors for successful fishing expeditions in some of the worlds most remote fishing grounds where the closest port can be three weeks away.

A significant development for the company, The investment represents an expansion abroad that builds on Fortunas strong position in domestic fisheries in the Falkland Islands, which include a significant shareholding in Falklands Toothfish Company Consolidated Fisheries Ltd, and the reputation of fishery stewardship in the Falklands.

There is a great deal of scrutiny on you as an operator in Antarctica said James Wallace Company representative.

He continued, The high standard of fishery management that we are used to in the Falklands reassures people and has opened doors for us internationally as a certified MSC Vessel a traceability system is in operation monitoring daily production that customers can access to verify that all Tronio product comes from fisheries that have been certified to the Marine Stewardship Councils environmental standard for well managed and sustainable fisheries.

In Addition to being one of the first Toothfish Fisheries to be MSC certified, the South Georgia Toothfish Fishery is rated by the World Wildlife Foundation (WWF) and the Monterey Bay Aquarium as the best sustainable source of Toothfish in the world. Customers will often ask for South Georgia product by name.

Currently conducting research in Eastern Antarctica, Tronio aimed at improving the understanding of population dynamics of both species of Toothfish that inhabit the area.

Tronio is due into Stanley to offload at the end of February.



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