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Two thirds of Pingtan vessels still idle two years after Indo fishing ban

The Chinese firm returned to gross profitability of $9.9m in the fourth quarter, however, due to decreases in fuel cost, labor cost and maintenance fees 

By Louis Harkell | March 9, 2017 09:37 GMT
Pingtan tuna vessel
Pingtan tuna vessel
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Chinese fishing firm Pingtan Marine Enterprise still has two thirds of fishing vessels idle in port more than two years after Indonesia announced a moratorium on fishing in its waters [...]

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