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Additional 120MT of fish will be processed with new vessel: MIFCO

The Maldives Industrial Fisheries Company (MIFCO) has stated that an additional 120MT of fish will be processed with the new vessel.

Speaking after the arrival of the new fish processing vessel acquired from Japan, Chief Executive Officer (CEO) of MIFCO Ismail Fauzee said the vessel will alleviate the challenges faced due to the freezing capacity. He said that the vessel will be operating in the southern region of the country within a week. He added the daily catch will increase significantly due to the peak fishing season.

MIFCO stated that the remaining three vessels have already been registered and are docked in Thailand. MIFCO is working on some changes to be brought to these vessels to facilitate the fish processing operation. Each of these vessels will have a storage capacity of 60MT.

MIFCO currently has two fish processing boats in its fleet. They are Jazeera 102, which has a 100T storage capacity, and Mahaa Kalaminja, which has a 90T storage capacity.

MIFCO has stated that the fisheries sector has improved and the number of fish processed has also increased. As such, MIFCO is making efforts to increase its capacity by acquiring more fish processing vessels and establishing more fish processing facilities in different parts of the country.