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Sanford targets scampi with $50m investment

Fishing company is focused on moving up the value chain.

Tim Hunter Thu, 14 Nov 2019

Fishing company Sanford is investing $50 million in three new vessels to replace its aging scampi fleet, as part of its drive to improve profitability.

“It’s a high-quality, high-value product,” said chief financial officer Katherine Turner.

“Our scampi vessels are at the end of their

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Sanford targets scampi with $50m investment
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