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Fishing vessels seized over N$14.7m standoff

Notice of appeal filed
Nautilus Fishing and Skeleton Coast Trawling entered into a joint venture in 2007, but relations between the two entities have since soured.
Tanja Bause,Kristien Kruger
Last Monday, the deputy sheriff seized Skeleton Coast Trawling’s Kowares and Komukandi fishing vessels in fulfilment of a writ of execution issued by the Windhoek High Court. Thi
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Namibian Sun 2024-05-10

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Katima Mulilo: 13° | 33° Rundu: 13° | 33° Eenhana: 14° | 34° Oshakati: 16° | 33° Ruacana: 17° | 34° Tsumeb: 17° | 31° Otjiwarongo: 15° | 31° Omaruru: 18° | 32° Windhoek: 16° | 28° Gobabis: 16° | 30° Henties Bay: 14° | 20° Wind speed: 24km/h, Wind direction: S, Low tide: 10:44, High tide: 04:42, Low Tide: 22:59, High tide: 17:11 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:40, Low Tide: 22:57, High tide: 17:09 Walvis Bay: 16° | 23° Wind speed: 36km/h, Wind direction: S, Low tide: 10:42, High tide: 04:39, Low Tide: 22:57, High tide: 17:08 Rehoboth: 16° | 29° Mariental: 18° | 30° Keetmanshoop: 13° | 29° Aranos: 18° | 30° Lüderitz: 13° | 27° Ariamsvlei: 10° | 25° Oranjemund: 13° | 20° Luanda: 25° | 28° Gaborone: 15° | 31° Lubumbashi: 14° | 30° Mbabane: 16° | 25° Maseru: 11° | 25° Antananarivo: 13° | 23° Lilongwe: 16° | 28° Maputo: 18° | 29° Windhoek: 16° | 28° Cape Town: 13° | 17° Durban: 19° | 24° Johannesburg: 17° | 26° Dar es Salaam: 23° | 31° Lusaka: 17° | 30° Harare: 14° | 28° Currency: GBP to NAD 23.09 | EUR to NAD 19.89 | CNY to NAD 2.55 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.99 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.35 | USD to KES 130.98 | USD to NGN 1429.05 | USD to ZAR 18.45 | USD to ZMW 27.25 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77539.13 Up +0.47% | Namibian Stock Exchange (NSX) Overall Index 1733.43 Up +1.10% | Casablanca Stock Exchange (CSE) MASI 13478.23 Up +0.44% | Egyptian Exchange (EGX) 30 Index 26003.16 Up +0.05% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 362.53/OZ UP +0.68% | Copper US$ 4.64/lb UP +1.68% | Zinc US$ 2 955.10/T UP 1.24% | Brent Crude Oil US$ 85.00/BBP UP +0.40% | Platinum US$ 988.17/OZ UP +0.29% Sport results: Weather: Katima Mulilo: 13° | 33° Rundu: 13° | 33° Eenhana: 14° | 34° Oshakati: 16° | 33° Ruacana: 17° | 34° Tsumeb: 17° | 31° Otjiwarongo: 15° | 31° Omaruru: 18° | 32° Windhoek: 16° | 28° Gobabis: 16° | 30° Henties Bay: 14° | 20° Wind speed: 24km/h, Wind direction: S, Low tide: 10:44, High tide: 04:42, Low Tide: 22:59, High tide: 17:11 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:40, Low Tide: 22:57, High tide: 17:09 Walvis Bay: 16° | 23° Wind speed: 36km/h, Wind direction: S, Low tide: 10:42, High tide: 04:39, Low Tide: 22:57, High tide: 17:08 Rehoboth: 16° | 29° Mariental: 18° | 30° Keetmanshoop: 13° | 29° Aranos: 18° | 30° Lüderitz: 13° | 27° Ariamsvlei: 10° | 25° Oranjemund: 13° | 20° Luanda: 25° | 28° Gaborone: 15° | 31° Lubumbashi: 14° | 30° Mbabane: 16° | 25° Maseru: 11° | 25° Antananarivo: 13° | 23° Lilongwe: 16° | 28° Maputo: 18° | 29° Windhoek: 16° | 28° Cape Town: 13° | 17° Durban: 19° | 24° Johannesburg: 17° | 26° Dar es Salaam: 23° | 31° Lusaka: 17° | 30° Harare: 14° | 28° Economic Indicators: Currency: GBP to NAD 23.09 | EUR to NAD 19.89 | CNY to NAD 2.55 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.99 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.35 | USD to KES 130.98 | USD to NGN 1429.05 | USD to ZAR 18.45 | USD to ZMW 27.25 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77539.13 Up +0.47% | Namibian Stock Exchange (NSX) Overall Index 1733.43 Up +1.10% | Casablanca Stock Exchange (CSE) MASI 13478.23 Up +0.44% | Egyptian Exchange (EGX) 30 Index 26003.16 Up +0.05% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 362.53/OZ UP +0.68% | Copper US$ 4.64/lb UP +1.68% | Zinc US$ 2 955.10/T UP 1.24% | Brent Crude Oil US$ 85.00/BBP UP +0.40% | Platinum US$ 988.17/OZ UP +0.29%