Australia’s largest wild-caught prawn business, Raptis and Sons Group (brands: Agrios, Seaport, Ocean Pearl), has collapsed into administration with no buyer found — costing ~200 jobs.
The family business, started in the 1950s from a fish & chip shop, ran a 15-boat fleet out of tiny Karumba in the Gulf of Carpentaria.
Blame game: oversupply, lower catches, rising costs — plus fishing licence restrictions and diesel shock according to Bob Katter.
Another blow to local seafood towns while we import more and more.
#AustralianSeafood #FishingIndustry #Karumba
https://au.finance.yahoo.com/news/gutted-largest-wild-prawn-fisher-043532403.html









