Twelve vessels of Mozambican tuna company Ematum are being refurbished to meet European Union standards for fishing vessels that catch fish for the EU market, Mozambican daily newspaper Noticias reported.
The newspaper added that the dry dock work had been awarded to a specialised South African company. The operation will not cover all of Ematum’s fishing vessels due to the high costs of the work.
The Minister of Economy and Finance, Adriano Maleiane, said last week that “everything is being done so that the companies that benefited from state guarantees on borrowing in the international market can service their own debt.”
Maleiane added that the European Union requires that vessels involved in tuna fishing meet some conditions, which is why the Mozambican company needs to refurbish some of its vessels and adapt them to those requirements.
The Minister of Economy and Finance, who did not disclose the costs of remodeling the fishing boats, said they were high, which is why they will be carried out in phases. (macauhub/MZ)