Vela Fishing Ltd., established in 1998, is one of New Zealand's largest privately-owned fishing companies. The company has been instrumental in developing export markets for New Zealand seafood products, contributing significantly to the growth of the Hoki, Orange Roughy, Tuna, and Squid industries. Vela Fishing has achieved several industry milestones, including being the first to utilize factory freezer class fishing vessels to produce once-frozen fillet products and the first to export New Zealand fillet products to the British market. The company is committed to sustainable fishing practices and supports the New Zealand Quota Management System to ensure the long-term productivity of ocean resources.