Tag Archives: eye-watering cost of fuel

Prawn fishers suffer ‘worst season yet’ as high fuel prices bite

Prawn trawler operator Ed Morrison believes farming comes in peaks and troughs, but this year it’s hurting more than usual. The North Queensland-based businessman runs prawn trawlers in the Torres Strait. His prawns are sold throughout Australia, but he says this year has been one of the worst seasons he has seen. However, retailers say any hike in prices would not help the situation as consumers are not prepared to pay more for non-essential produce. The eye-watering cost of fuel and a global supply crunch has forced operators like Mr Morrison to leave vessels in port instead of putting them out to fish during off-peak periods. The situation has left trawlers considering whether or not their operations are commercially viable. >click to read< 10:29