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While other land-based fishing factories are scaling down, Marco goes double up

While other land-based fishing factories are scaling down, Marco goes double up

A strategic merger in 2016 which led to a larger white fish quota has enabled a Lüderitz fishing company to expand its land-based processing by almost 100% in a time when other fishing companies are rationalising their operations.

One of Lüderitz’ oldest fishing companies, Marco Fishing, this week announced it is near the end of building a new fish factory adjacent to its existing facility. The new factory adds almost one thousand square metres floor space as well as new sorting, filleting and skinning lines, and an impressive three-unit IQF spiral freezer.

These very significant expansions follow in the wake of the merger with Mekarilakha Fishing which gave Marco access to a bigger longline hake quota.

Chief Executive, Kurt Laufer said “It has been a long and sometimes difficult and frustrating road to get us here, but we are very excited to see everything coming together and look forward to processing our first longline caught hake in the upgraded facility.”

With the new building’s outer shell completed, contractors and suppliers have been working around the clock with the interior furnishing. Marco said the combined factory is now almost double in size with much improved processing capacity based on the latest technology in hake processing.

Expanding the factory is one of two components to align the company’s operations with its bigger output. The other is a new longline vessel, the MFV Meka Bay, which was acquired and commissioned earlier in the year. This vessel has already been fishing during the past season.

“With this Marco Fishing (Pty) Ltd is further re-emphasizing their commitment to the regional development and specifically investment in the town of Lüderitz. The new factory and related processing capability as well as the new vessel will result in additional job creation in excess of 100 people,” stated Laufer.


 

About The Author

Daniel Steinmann

Brief CV of Daniel Steinmann. Born 24 February 1961, Johannesburg. Educated at the University of Pretoria: BA, BA(hons), BD. Postgraduate degrees are in Philosophy and Divinity. Editor of the Namibia Economist since 1991. Daniel Steinmann has steered the Economist as editor for the past 28 years. The Economist started as a monthly free-sheet, then moved to a weekly paper edition (1996 to 2016), and on 01 December 2016 to a daily digital newspaper at www.economist.com.na. It is the first Namibian newspaper to go fully digital. Daniel Steinmann is an authority on macro-economics having established a sound record of budget analysis, strategic planning and assessing the impact of policy formulation. For eight years, he hosted a weekly talk-show on NBC Radio, explaining complex economic concepts to a lay audience in a relaxed, conversational manner. He regularly helps economics students, both graduate and post-graduate, to prepare for examinations and moderator reviews. He is the Namibian respondent for the World Economic Survey conducted every quarter for the Ifo Center for Business Cycle Analysis and Surveys at the University of Munich in Germany. He is frequently consulted by NGOs and international analysts on local economic trends and developments. Send comments to [email protected]