With two of its new vessels already in operation, Nueva Pescanova has two more under construction and three more to come.

Nueva Pescanova fresher trawler launched

NovaNam 2 has been launched for fitting out at the Armón yard in Vigo. Photo: Nueva Pescanova

The company has invested heavily in new tonnage, with a €42.5 million investment going into seven new vessels being built at the Armón yard in Vigo for Nueva Pescanova subsidiaries in Mozambique and Namibia.

The latest launch is the 50 metre NovaNam Two. This is the third in the series of fresher trawlers built to fish for hake, with lead vessel Lalandii 1 already delivered last year, and NovaNam One floated off earlier this year and currently being fitted out for delivery in September.

In addition to its three new fresher trawlers for NovaNam, Nueva Pescanova is building three 32-metre shrimp freezers for its Pescamar subsidiary in Mozambique, with the first in the series, Ponta Matirre, already fishing since the early part of this year.

According to Nueva Pescanova, its €42.5 million investment in new fishing capacity focuses on increased efficiency and crew conditions, with the new trawlers fitted with high-efficiency engines for reduced fuel consumption and emissions, and more sophisticated processing capacity on board, as well as a new level of working and living conditions for crews.