Turning a Profit During Tough Times

Despite very high fuel prices, it’s possible to trawl for shrimp and make a profit, according to Agnar Langtveit. 2022 has been an exceptionally tough year, but he’s managed to run the 42-year-old Astrid Ann at a modest profit. ‘The problem for many trawlers is the combination of high fuel costs and heavy debts. I am fortunate in not having any big debts. I could choose to build a new vessel, but then I’d have to buy more quota. So as long as Astrid Ann is profitable, I don’t see any reason to buy a new boat,’ he said. On the other hand, older trawlers come with higher maintenance costs and older engines bur more fuel. Fishing between 200 and 500 metres, Astrid Ann needs reliable towing power, so last year a new 1044hp CAT 3508C main engine was fitted, along with a Mekanord 500 HS gear and a CAT C44 harbour set. Photos, >click to read< 12:47

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