March 5, 2021 — Auckland, New Zealand-based Sanford Limited said in a statement on 26 February that it will work “constructively to expeditiously address the matter of forfeiture” of its NZD 20 million (USD 14.4 million, EUR 12 million) vessel San Waitaki after it was caught illegally fishing in a protected area.
“We wish to say upfront that we absolutely accept the judge’s decision. We are very sorry about what happened and are disappointed in ourselves,” the company said in a statement.