http://www.mwb.ag/bremerhaven/deutsch/news/Pressespiegel/news_153.html?navid=11]

http://www.stuff.co.nz:80/nelsonmail/4249011a6510.html

Sealord farewells fishing trawler
The Nelson Mail | Wednesday, 24 October 2007
Sealord's 71m freezer trawler Paerangi sailed down Nelson harbour and out through the Cut for the last time on Tuesday, in a move symbolic of the changes affecting the fishing industry.


Sealord recently announced it planned to reduce staff numbers at its Nelson factory as a flow-on effect from fishing quota cuts.

The decision not to replace the Paerangi has affected 85 crew, although Sealord earlier said it would try to find jobs within the company for as many staff as it could. It is understood some crew have not been placed in alternative jobs.

While the catch limit changes meant Sealord would have 3.5 percent less fishing quota, it was not unhappy about the new limits, Sealord's new chief executive, Graham Stuart said recently. Among the changes is a 10 percent cut to the total allowable hoki catch.

"It's an essential step to take in the management of the fisheries and, in the long term, we've got a huge economic incentive to make sure the fisheries are well-managed," Mr Stuart said.

The Paerangi, now sold, was jointly owned by Sealord, which bought a 50 percent share in 2005, and Norwegian company Volstad. All the crew of the Paerangi, which mainly targeted hoki, were New Zealanders, and about half of them lived in Nelson.

Sealord general manager of operations Ross Tocker said on Wednesday the Paerangi was to be extended by 28m and refitted at a German shipyard.

It's new owner is a Norwegian company.

Hi!
This one is bought by a Norwegian company "Ervik" who wants to rebuild it to a "Krill" factory catcher, for about 500 mill norwegian kroner .
New name will be "JUVEL"
Regards
Stig
http://www.smp.no/default.asp?page=1024&item=1022153,1&lang=1