Finance fishing boats

Kerala government to provide deep sea fishing vessels to 10 fishing companies – The New Indian Express

Through Express press service KOCHI: The state government decided to provide longliners (deep-sea fishing vessels) to 10 fishing companies. This is the first phase of a program to equip traditional fishermen with scientific fishing, said Fisheries Minister J Mercykutty Amma. Built by Cochin Shipyard, each boat will cost Rs 1.63 crore. While the Center and […]

Finance fishing boats

Sea Fox announces partnership with Northpoint Commercial Finance

Sea Fox, a manufacturer of saltwater boats, has announced an exclusive partnership with Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floor plan finance solutions. Northpoint will be the exclusive financier of the Sea Fox dealer network in the United States and Canada. With this partnership, Sea Fox seeks […]

Finance fishing boats

LandBank opens P2-B credit facility for commercial fishermen – Manila Bulletin

The Land Bank of the Philippines (LandBank) has set aside P2 billion for a new credit facility specifically for fishermen who wish to purchase commercial fishing vessels. Called LandBank Commercial Fishing Vessel Finance Program, the loan facility allows eligible borrowers willing to borrow up to 80% of the acquisition cost to purchase a new, used […]

Finance fishing boats

Chinese Coast Guard vessels enter Japanese waters near Senkakus

NAHA, Japan (Kyodo) – Two more Chinese Coast Guard vessels entered Japanese territorial waters near China’s claimed Senkaku Islands on Tuesday, prompting Tokyo to protest the repeated intrusions following the enactment by Beijing of a new law allowing the use of weapons against foreign ships. The two ships entered waters near the cluster of uninhabited […]