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Vessels

UK fishing fleet kept pace on revenue in 2018, but margins squeezed

Fuel cost was the biggest hit to the bottom line of UK harvesters last year, increasing 19% to an average 50p per liter

By Undercurrent News | Aug. 22, 2019 16:22 BST
Still image from Seafish website.
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The United Kingdom's fishing fleet saw a second straight year of £1 billion ($1.22bn) in turnover in 2018, though margins have been eroded by fuel costs, bad weather and the political landscape, Seafish reports. [...]

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