Netuno USA has acquired five snapper fishing boats in Northern Brazil.
Florida-based Netuno is investing in its own fleet as part of a growth and sustainability drive.
“It also helps us better understand the challenges fishermen face to increase supply without compromising quality or sustainability standards,” company President Luciano Bonaldo said.
Executives have set the goal of sourcing half of all Caribbean Red snapper imports from the company's own fleet by 2025.
Netuno USA's snapper imports ran to 5 million pounds in 2019.