Good News For Shetland Industry –

Good News For Shetland Industry Fish Farming Today Published:  06 September, 2002

SHETLAND’S fishing industry has done well in the latest round of grant assistance, which is being made available through the local Enterprise company, Shetland Enterprise.

10 companies netted £393,849 out of a total of £563,896 that has been allocated to 48 Shetland companies.

The largest individual payment is to go to Nufish Ltd (£247,000), a company that is in the process of developing a cod hatchery at Broonies Taing near Sandwick.

The projects regarded as worthwhile supporting range from company training and installation of broadband satellite technology to new processing equipment and safety improvements on fishing vessels.

The fishery and seafood project were as follows:

– Uyeasound Salmon, £40,000 towards a new workboat,

– Shetland Fisheries Training Association (SFTA), £30,000 towards their 2002/03 budget,

– Shetland Fish Processors Association, £10,500 towards modification to a trade fair stand,

– D Watt (Shetland) Ltd, £13,100 towards the installation of a new salmon processing line,

– The whitefish vessel Fairway LK270, £31,400 towards improvements of the vessel,

– Globus (Shetland) Ltd, £749 towards installation broadband technology,

– The fishing vessel Ocean Star LK253, £4,500 towards improvements to the vessel,

– Shetland Seafood Auction, £5,700 towards purchase of mobile printer and new software,

– UnstOyst Ltd, £10,900 towards development of an oyster farm at Baltasound.