Aboriginal Sea Company Asset Holding

On 18 February 2022, the Aboriginal Sea Company was established and incorporated as an outcome of the Blue Mud Bay Implementation Action Plan. With over 85 per cent of the NT coastline already subject to Aboriginal ownership, the Aboriginal Sea Company will play a pivotal role in supporting Aboriginal and Torres Strait Islander peoples to unlock and grasp the opportunities presented in the fishing, seafood, marine and aquaculture industries in Australia.

At a high-level, the Aboriginal Sea Company’s key purpose will be to:

• Support the protection of the cultural rights and management of sea country and sacred sites with Aboriginal and Torres Strait Islander communities;
• Provide education, training, and mentoring support to Aboriginal and Torres Strait Islander businesses;
• Invest in new business opportunities in the commercial fishing, seafood, marine and aquaculture industry;
• Advocate for the best interests of Aboriginal and Torres Strait Islander businesses and the sector more broadly; and
• Support the development of research, government policy and data collection on the Aboriginal and Torres Strait Islander sector.

WEBSITE