Tunacor Fisheries Limited has became the first fishing company in the country to be wholly owned by Namibian interests, after a successful takeover by local investors and fishing right holders.
The firm's previous owner, the Spanish group Pescapuerta, sold its 49 per cent shares -- including hake fishing vessels, a processing plant and a cold storage, as well as the largest property in the area of Walvis Bay.
Chinese Squid Market Slumps Amid Global Oversupply China
In early June 2025, Chinese squid prices experienced a sharp decline, reflecting global supply trends and weakening domestic demand.
Beijing – Ocean squid prices tumbled by up to 1,500 yuan per...
Tunacor Group Ltd.
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