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Ematum will lose MT 55,000 ($700) per boat per day – Hanlon
7:03 CAT | 01 Nov 2016
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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.
By: Joseph Hanlon
Source: News Reports & Clippings
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