Baffin Fisheries buying $72M fishing vessel

Baffin Fisheries says it’s buying what will be the largest Canadian owned fishing vessel. The new ship will be much safer and cost efficient than the vessel it replaces, says CEO Chris Flanagan. The company held a news conference Friday morning to announce the newest addition to its fleet: a $72.5 million, 80-metre stern trawler that can carry a max of 1,320 tonnes of frozen turbot or 930 tonnes of cold-water shrimp. The trawler will be designed by Norwegian company Skipsteknisk A/S and constructed in Turkey by Tersan Shipyard. Baffin Fisheries is expecting it to be delivered in February 2024. >click to read< 10:04

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