Rial Fishing Company
Based in Nelson Mandela Bay, Eastern Cape - the Rial Fishing Company is a marketing and processing company.It is the mother and administrative company of a joint venture which consists of Fishing Rights Entities; namely, Risar, Al Aman and Zimele Fishing.
Vessel Owning Entities, Tasneem Fishing and Cape Padrone Fishing.
Rial Fishing (Pty) Ltd established in 1997 has developed to the point where the Company is considered to be a dynamic established fishing operation, with the proprietary expertise and infrastructure in fishing vessels, fish processing facility as well as a marketing and distribution network both locally and abroad.
The allocation of long term fishing rights in terms of the Marine Living Resources Act 18 of 1998 in the year 2006 resulting in major investment by Rial Fishing Pty Ltd in the Fishing Industry, allowing it to contribute significantly to the industry as a whole, as well as, to service the required investments with such allocations.
The business model consists of three core entities, namely Fishing Rights Entities, Vessel Owning Entities and the managing entity (Rial Fishing).