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VietNamNews

Construction of steel fishing vessels begins

Update: April, 02/2015 - 15:56
DA NANG (VNS)  — The Hai Son shipyard building company, under the Song Thu Corporation, started building two steel fishing vessels for fishermen in the Quang Nam province on Wednesday.

Each ship, measuring 25.2 metres by 6.3 metres, will be installed with an 820CV diesel engine for making deep-sea fishing trips.

The fishing vessel will also have an inbuilt standard refrigerated store for long voyages, which would maintain the quality of seafood caught during the trip.

These vessels, which are part of the Government's VND3 trillion (US$140 million) low interest rate loan supporting deep-sea fishermen, would be used for offshore fishing and improving the quality of fishing.

The two vessels are expected to be launched four or five months later.

Sixty-four fishermen in the central Quang Nam Province have applied for loans for building deep-sea fishing vessels since last year.

As scheduled, the deep-sea fishing industry would build a high-capacity fleet of over 2,000 steel fishing boats, logistic vessels and upgraded timber boats in Thanh Hoa, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ben Tre and Ca Mau by 2020.

Earlier this year, four fishermen in Binh Dinh, two in the Quang Ngai province and two in Phu Yen got approval for loans for eight steel fishing vessels.

Fishermen are allowed to borrow up to 95 per cent of the cost of a new metal vessel, through an 11-year loan from commercial banks at a 5 per cent interest. — VNS

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