October 6, 2008

Clean Seas aims for production of 20,000 tonnes of finfish 

Clean Seas Tuna's key corporate goals include production of up to 20,000 tonnes of farmed finfish a year.

Eyre Peninsula fish farmer Clean Seas Tuna has put forward an ambitious strategy to improve its performance and expand the business.                

The Advertiser reports key corporate goals include production of up to 20,000 tonnes of farmed finfish a year.

In a business update to the Australian Securities Exchange yesterday, Sunday, 5 October 2008, it detailed strategies to overcome rapid growth pains.

According to The Advertiser, the company has embarked on a comprehensive efficiency drive. It has also ordered a review of every step of the business, all senior positions and the board's composition.

Its key corporate goals include the production of 10,000 tonnes of commercially-produced southern bluefin tuna, 7,500 tonnes of kingfish and 2,500 tonnes of wild-caught tuna.

The company is also considering the purchase of the Stehr family's private tuna business next year, but not its tuna quota, which it proposes to lease. Hagen Stehr is the chairman and founder of Clean Seas.