New Zealand Coastal Seafoods has appointed Ryan Eathorne Insolvency Practitioner as liquidators for its subsidiary, NZCS operations in New Zealand.
The company is ceasing operations at its Christchurch facility and terminating all employment there. NZCS, based in Australia, now operates through Nine Ocean.
Despite the closure, NZCS is committed to sustainable practices and high-quality seafood across the Asia Pacific.
The shift aims to minimise ecological impact while ensuring sustainability and traceability of products like tropical rock lobster and sea cucumber.