New Zealand fishing and processing firm Sanford has seen progress on its new scampi vessels slowed by 2020's coronavirus pandemic, the company said in December.
Acting CEO Andre Gargiulo -- who will in 2021 be replaced on a permanent basis by Peter Reidie -- told shareholders that while Sanford "fully intends to work on our replacement scampi vessels...this is work we’ve decided to do slightly slower, to ensure we’re not compromised in how we manage our debt and liquidity levels" [...]
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