Our Corporate Profile

CFL was set up in 1994 as a consortium of local fishing companies to carry out exploratory fishing in the nascent toothfish fishery. The Falkland Islands Fisheries Department considered that the fishery represented a prime opportunity for local fishing businesses to pool resources to establish the very first locally owned, managed and operated fishing company. Following the experiment FIFD established a 2 vessel fishery and awarded both licences to Consolidated Fisheries Ltd.

CFL is now one of the biggest fishing companies in the Falkland Islands and contributes significantly to the local economy through both its fishing and non-fishing activities.

Initially CFL chartered vessels, but in 1997 it purchased the CFL Pioneer. This was followed in 2000 with the purchase of the CFL Valiant.

Having sold the CFL Pioneer in 2004, the company purchased the CFL Gambler and by doing so removed another vessel out of the illegal, unreported and unregulated (IUU) fleet. See COLTO's website...

CFL’s main product is Patagonian Toothfish, but it also sells by-catch of ray and grenadier. An experimental period undertaken by the CFL Valiant in 2006 led to a number of other species being marketed including kingclip and hake.