Ematum will lose MT 55,000 ($700) per boat per day – Hanlon

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Ematum will lose MT 55,000 ($700) per boat per day – Hanlon

12:12 CAT | 31 Oct 2016

File photo / Ematum boats docked in Maputo

Ematum will lose MT 55,000 ($700) per boat per day, about $230,000 per year from its 27 boats, estimates Mario Dimene, the former director of the coastal shipping company Navique and the ship repair company Somonav. This is because Ematum planned to export whole fish, he told Domingo (30 Oct). But he does believe that by processing tuna and also fishing for shark and prawns Ematum could be made profitable. The detailed calculations are in http://www.jornaldomingo.co.mz/index.php/economia/8390-pesca-e-possivel-rentabilizar-a-ematum

By: Joseph Hanlon

Source: News Reports & Clippings