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Da Nang helps fishing vessels buy insurance

Update: February, 02/2012 - 17:24

DA NANG – Many fishermen in the central city of Da Nang are more confident during offshore trips now that the municipal authorities will pay the full cost for their accident insurance.

The policy targets fishermen who work on fishing boats with a capacity of at least 50CV (metric horsepower), including those coming from other provinces.

The city will contribute 64,000VND (US$3) per person for coverage up to VND20 million ($950) for those who suffer injuries or death while working on the sea.

The city's Seafood Department and district economic offices are authorised to spread news about the policy and deliver registration forms to all local boat owners.

There are currently 290 fishing vessels with 50 CV or more employing 3,000 workers in the city. VNS

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