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Asia drives seafood M&A

Chinese firm builds 23 vessels as part of huge fleet expansion

NASDAQ-listed Pingtan Marine is spending close to $50m on 23 new trawlers, taking fleet size to 109 and total catch close to over 100,000t, CFO tells Undercurrent News

By Tom Seaman | Sept. 5, 2013 08:38 BST
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NASDAQ-listed Chinese fishing and dredging company Pingtan Marine Enterprise is building 23 new trawlers for operation in the Indian Ocean, taking its fleet to 109, its CFO told Undercurrent News [...]

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