Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Fishing vessels belonging to Pingtan Marine. (Photo: Pingtan Marine Enterprise Ltd)

Pingtan starts operations in Indo-Pacific waters

  (CHINA, 11/23/2016)

After rebuilding approximately 20 per cent of its production capacity, Pingtan Marine Enterprise Ltd has just announced the start of its fishing activity in Indo_Pacific Waters.

Of the 135 fishing vessels owned by the group, twelve are operating in the Bay of Bengal in India and added to those, now further thirteen fishing vessels that operate in the Indo-Pacific harvesting area as part of the operating plan the firm announced in August 2016.

In accordance with the Company's previous results of 2014, each of its fishing vessels can generate annual revenue of approximately USD 3 million with annual net income of approximately USD 800,000 to USD 1 million.

"We are very pleased to begin fishing activities in the bountiful Indo-Pacific Waters, and utilizing our assets and advantages to meet the continued demand in China,” Xinrong Zhuo, Chairman and CEO of the Company, commented.

The CEO stressed that they remain dedicated to actively seeking new water territories where they can expand, increasing production and provide high quality fishing products to customers. 

Pingtan expects being able to start recognising the sales from the expansion of its operations in the fourth quarter of 2016.


editorial@fis.com
www.fis.com


Information of the company:
Address: CN11 Legend Town No 1 Balizhuandongli, Chaoyang District
City: Beijing
State/ZIP: 10-65503186 (BEJ 100025)
Country: China
More about:





 Print


Click to know how to advertise in FIS
MORE ARTICLES
Ny-Fiskur Invests in Another FleXicut System
AS PRFoods Sales Revenue Increase by 34%
Alaska Fisheries Development Foundation Announces the 25th Alaska Symphony of Seafood 2018
Raley's Supermarket Announces Transition to Sustainable Seafood
Young’s Launches Their New, Best Tasting ‘Simply Breaded’ Range
Spanish Tuna Firm PEVASA, First to Obtain 'Tuna from Responsible Fishing' Certificate
Tesco Wins Top Sustainable Fish Counter Award
Ocean's Efforts Recognized in Greenpeace Canada's 2017 Canned Tuna Sustainability Ranking
Introducing New Bella Portofino Italian-Style Tuna In Extra Virgin Olive Oil
The Largest Shrimp Production and Storage Facility of The Netherlands
Top 10 Shortlist Revealed for 2017 Seafood Restaurant of the Year
Five Aquaculture Innovations Reach Final Round
Wärtsilä 31 Main Engine to Power New Fuel Efficient Fishing Vessel
Alibaba Group Announces Strategic Cooperation with Chicken of the Sea
World's Largest Wild Salmon Run Harvest Season Opens
FishChoice Launches New Sustainable Seafood Self-Assessment for Businesses
Neurotechnology Researchers Win Kaggle Competition
Aller Aqua Matches Rapid Expansion In Africa
THAIFEX-World of Food Asia 2017 Records All Time High in Event Attendance
KONGSBERG Provides Integrated Vessel Concept for Pelagic Trawler Newbuild
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Whale shark capture and trade banned
Peru The Ministry of Production announced a ban on whale shark (Rhincodon typus) capture in marine waters of Peruvian jurisdiction as well as its landing, transportation, retention, processing and marketing.
Thailand to make bigger effort against IUU fishing, according to the EU
Thailand The Thai government's efforts to combat illegal, unreported and unregulated fishing seem to be insufficient for the European Commission to withdraw the 'yellow card' issued to that country.
Industry praises financial aid for paua fishermen
New Zealand Seafood New Zealand has welcomed the financial assistance package announced by the Government for the Kaikoura commercial paua divers, who have been under considerable financial stress since last year’s earthquake.
Important research progress made in disease-resistant seaweed
United Kingdom A team of scientists conducting research into the genetic make-up of a resilient red alga is a step closer to breeding disease-resistant seaweed.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER