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Pingtan Marine Enterprise Launches 12 New Fishing Vessels

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Pingtan Marine Enterprise ( PME ) said pre-market Thursday that 12 new large squid jigging vessels have left the port of Fuzhou in China and are sailing towards their designated fishing spots for operation in the international waters of the Indian Ocean.

The fishing company said the 12 new vessels are part of its modification and rebuilding project of 27 new fishing vessels. Of these 27 vessels, 19 have already been deployed to sea with the rest to be gradually placed into their designated areas, Pingtan added.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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