Tag Archives: Teresa Morrissey

Seafood Sector Faces Shutdown Over Rising Fuel Prices

Ireland’s fishing and fish producer organisations say they are under threat of being wiped out by high energy prices. In turn, jobs and food security is at risk. A joint statement from eight groups is calling on Government to act now to claim available EU funds to compensate the seafood sector and get the situation under control. Teachta Mac Lochlainn said: “I am again appealing to Minister McConalogue to urgently take action on this crisis that is about to close down our fishing industry. The fishing industry in Ireland estimates that fuel needs to be cheaper than 60 cent a litre for Irish trawlers to run profitably. Fuel is now costing €1.30 or more. That is the scale of the crisis. >click to read< 15:14