Fish gear specialist Vaki-DNG is building on the success of its current range of products which include the LineTec, TrawlTec and SeineTec devices, and will launch a new type of hauler driven by electricity instead of the traditional hydraulic motors, at this year''s Icelandic Fisheries Exhibition taking place in September.

The new system will be easier to maintain and also to install because there is no need for a power pack. Vaki DNG's marketing manager for fishing gear, Elias Bjarnason says the electronic hauler will provide an even more accurate measurement of control, tension and speed than ever before.

Vaki also reports strong interest from around Europe for its catch sensor.

The sensor, designed for trawlers, has a specially incorporated switch which is different from other designs in that there is a steel pin instead of the wire which triggers transmission.

According to Vaki, wires have a tendency to brake and sand could possibly penetrate into the trigger.

The charge of the sensor lasts for approximately one day with re-charging taking two hours. It also fits any size of vessel and fits all traditional receivers from other manufacturers.

About 70% of Vaki's production is exported to more than 40 countries. Elias Bjarnason says the company is also on the look out for opportunities in different countries and believes Russia could be important not only for Vaki but for many other companies in Iceland.

"There is huge potential in Russia but development is slow, having said that the need for the country to renew its fleet in the next few year's could bring its advantages," Elias Bjarnason told World Fishing.

The country has a huge fishing fleet which is now ineffective compared to most of Europe.

He also says Asia could prove interesting as well with activity in the past year in both Oman and Yemen.

It is believed that there are many stocks that have so far been under utilised until now, and that could bring a wave of interest from different parts of the world.

The fishing policy is changing in Asia with more emphasis on fishing as oil becomes less scarce in the future.

But there needs to be massive investment into the industry to both educate the fishermen and potential and existing vessel owners and to bring in new technology to bring Asia in line with the rest of the world.

Vaki is also busy developing the fish farming sector with a range of new products suitable for the growing demand in the industry. In the past few years the company has been working on biomass counters as well as a high speed counter and grader for fry and smolts.