Newfound Resources Limited was founded in 1986 by 25 Newfoundland seafood companies to harvest and deliver large quantities of groundfish for the benefit of Newfoundland factories. Following the demise of the Canadian ground fish stocks, NRL received an offshore shrimp license in 1991 and transformed into one of Canada’s largest shrimp companies.
The company’s flagship vessel, “Newfound Pioneer,” harvests 8000 metric tons of coldwater shrimp annually and the company procures of additional product from third parties as well as vessels managed through a subsidiary company.
We also proudly market 5000-6000 mt annually from the M.V. Saputi through a marketing agreement with our partner Nataaqnaq Fisheries Ltd.