PHILIPPINES: tuna fishermen hit by high fuel prices

The Sunstar, a newspaper from the Philippines, reported on 9 March 2011 that some tuna fishermen in General Santos City, the “Tuna Capital of the Philippines” are, or are considering, halting fishing operations because of the high oil prices.

According to the newspaper, for some fishing operations, such as handline fishing boats:
“For a single large-ticket hand line fishing expedition in the high seas that lasts for 30 to 45 days, the operational cost could run from P500,000 to P1 million, with Lim saying that fuel eats 60 percent to 65 percent of the amount.”
Here is the link to the article in the SunStar.

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