Fishing vessel employment agencies and fish processing

Welcome to Molajaya Samudera Crew Management

PT Molajaya Samudera Crew Management is a recruitment and placement company located in Jakarta and Bali, Indonesia.

We have been doing recruitment and placement of highly qualified and experienced Indonesian crew, fishing crew & seafood processor for working on fishing vessel and seafood processing plant in Asia, Australia and Europe for more than 26 years.

We are committed to meet our Principal’s expectation by continuously improve our Quality Management System in order to guarantee the quality and language skill of the crew, fishing crew & seafood processor that we supplied.

Pescanova requests creditors’ meeting for five subsidiaries

Insuiña SL facilities. (Photo: Pescanova)
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Wednesday, September 03, 2014, 02:00 (GMT + 9)

The multinational Galician firm Pescanova requested voluntary creditors’ meeting for five of its subsidiaries, all of which were declared as insolvent.
These subsidiaries are: Fricatamar, Frinova, Insuiña, Pescafresca and Pescafina Bacalao, as it was reported by the fishing firm to the National Securities Market Commission (CNMV).
Thus, Pescanova continues its restructuring process after last July when Mercantile court number 1 of Pontevedra declared other four subsidiaries (Bajamar Séptima, Pescanova Alimentación, Frigodis and Frivipesca Chapela) are undergoing voluntary creditors’ meeting.
"These are particularly important operations to Pescanova, since they are under the creditors agreement, approved the sentence on 23 May, 2014, and, therefore, are necessary for the proper development," pointed out Pescanova.
The creditors’ agreement approved in Pescafina and Pescanova made it possible to obtain a consolidated profit of EUR 1,790 million in the first half of 2014.
Given the semester financial statements filed with the CNMV, the forgiveness of the huge insolvency debt the company has meant the entry of EUR 2,300 million, which accounts as income.
The document specifies that Pescanova’s sales totalled EUR 434 million between January and June 2014, and its operating income before depreciation and amortization (EBITDA) was EUR 27 million.
Related article:
- Pescanova earns EUR 1,790 million in the first half

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