Mon 10 Nov 2008 08:03

Scottish fishermen get fuel aid


Financial package to help fishing industry cope with fluctuating bunker prices.



The Scottish government will provide financial aid to local fishermen following recommendations from the fishing industry's fuel task force to introduce fuel efficiency measures to cut fuel consumption and running costs.

The £700,000 initiative is part of an overall package worth £29 million over three years to help Scottish fishermen deal with high marine fuel costs.

The Scottish government will provide £400,000 over the next 18 months, with payments to individual vessels of up to £250.

Commenting on the programme, Fisheries Secretary Richard Lochhead said: 'It's been a tough year for Scotland's fishermen - record fuel prices hit them hard. While I'm glad prices have come down a little of late, I appreciate things are still difficult.

'We're making this extra help available to assist with the costs of annual maintenance of safety equipment as part of our three year action plan. We've also committed £300,000 to cover the costs of the next phase of warranties for vessel monitoring systems.

'These two initiatives are part of the Government's commitment to helping the fishing industry adapt successfully to an era of high and fluctuating fuel prices. We are backing up that programme of work with nearly £29 million over three years, which is made up of Scottish government and European funding and a contribution from Seafish.

'In such a testing economic climate, we must do everything we can to help Scotland's fishermen and take decisive action to benefit our hard-pressed rural businesses and communities.

'We are determined to maximise jobs, invest in business and ensure our economy is well-positioned for recovery,' said Lochhead.

James Brown, chairman of the industry fuel task force which was set up in August in response to the rise in marine fuel prices, said 'I welcome this initiative from the government. We're working together with them to put our three year plan into action. This scheme is a small but important part of that work. We're also working with the government on a range of actions to improve fuel efficiency and to maximise the value of Scotland's excellent sea food.'

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.

Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.

Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.

Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.


↑  Back to Top