Tag Archives: Diesel fuel
Nova Scotia lobster fishery braces for a downturn as inflation hits
Fishermen are seeing the downside of a cyclical industry at a time when inflation has sent their input costs skyrocketing. Geordy Bennett, a lobster boat captain in Riverport on Nova Scotia’s south shore, said he just spent $2,900 to fill his boat, Ava Brianne, with diesel at $2.03 per litre. “And it will probably be more next time,” Bennett said. Interest rates and the cost of bait and traps are also up. “It’s phenomenal. It’s doubled and we haven’t left the wharf,” Bennett said on a blustery day preparing traps for the upcoming season. >click to read< 18:10
Rising diesel fuel prices see Cornish fisherman tie up their boats
A Cornish Fisherman says rocketing fuel prices are forcing some boat owners to tie up their vessels. Peter Green, who fishes out of St Mawes on Cornwall’s Roseland Peninsula, says the rising cost of red diesel is making it uneconomic to go to sea. He said: “It means the end of the road. How can we keep going? “Fishing vessels are expensive boats to run and maintain – the costs are continuous. If you are not keeping enough back at the end of the day, you’re going to end up in trouble financially.” The effects of price rises are being felt in ports around the UK. Fish Producers Association the SWFPA has called for more action on fuel prices to support the industry. Video, >click to view and read< 16:45
Fish and chips may ‘double’ in price without fuel help
A major figure in New Zealand’s fishing industry warns more boats could be tied up and the price of fish and chips will double unless the sector gets the same fuel assistance given to others. Already Westfleet Seafoods’ 400 tonne trawler Tasman Viking has been tied up at Nelson’s port for a fortnight because of the spiraling cost of fuel. The company’s chief executive, Craig Boote, said that if the government did not play fair and apply fuel discounts to all New Zealand businesses the fishing industry could be on its knees in weeks. “Fuel is a huge component of our commercial operations and without a reduction the price of fish will unfortunately skyrocket,” he said. “The only other option is to tie boats up, which of course has a snowball effect, with onshore jobs in the factory, engineering and more, being negatively affected.” >click to read< 09:02
Commercial fishermen dealing with off the chart fuel prices
The fuel prices are also affecting prices out at sea. Many commercial fishermen use diesel, which is now running well over 6 dollars a gallon. Captain James Keding has been running Mary K, named after his mother, for 38 years. He says his mussel harvesting operation is taking a huge hit from fuel prices. “Back in 2019, I paid $1.50 a gallon, now I’m paying $6.50 a gallon,” said Keding. Lobstermen are also in a pinch. Captain Dave Hobson says the Right Whale restrictions were just lifted so everyone in his line of work is trying to run their traps out with the higher fuel costs. >click to read< 07:53 Video, Rising diesel prices having big impact on commercial fishermen, >click to watch<
Louisiana shrimpers worry high diesel fuel prices will impact profits
Shrimpers are getting ready to cast their nets, but not without major concerns for the upcoming season. Rising fuel prices could also mean higher prices for the tasty crustaceans. “I know we are going to get hit hard by the fuel prices… You better catch a lot of shrimp,” said Cheryl Granger, owner of Granger’s Seafood in Maurice, La. “I think we’re going to have a very hard time,” Granger said. “Very hard and not just us, the crabbers, the shrimpers; everybody fishing on the water.” >click to read< 08:06
N.S. lobster fishermen feel pinch of rising diesel prices
Merrill MacInnis is a lobster fisher in Victoria County. He said the price of diesel is an ongoing conversation in the community, since most fishing boats in his harbour run on diesel. “It’s going to have a big impact on the profit margin, of course,” MacInnis said. “But you need to have it. MacInnis estimates fishers will be hit with a fuel bill about $4,000 to $5,000 higher compared to the same period last year. “It’ll be a big bill,” he said. >click to read< 10:21
Lobster prices on the rise
If you want lobster for dinner tonight, you’re going to pay dearly for it. The prices for lobster are right through the roof. “A year and a half ago fuel was about $1.60 a gallon. Now we’re paying almost 5 dollars.” Mike Theiler’s been lobster fishing these waters for 33 years. “No matter what we do with our fish and lobsters its predicated-on Diesel fuel,” Theiler said. A lobster fisherman’s daily cost includes fuel at 20 gallons per hour or $100 an hour, then add the cost of bait for the pots, and crew. Video, >click to read< 10:05
