Wärtsilä Helps Optimize Albacora's Fishing Fleet
Wärtsilä has signed a long-term Technical Management Agreement to optimize the performance of 10 of the Spanish company Albacora S.A.'s fishing vessels. The five-year agreement was tailored to meet the requirements of Albacora's fleet management, providing technical assistance and maintenance planning for fishing vessels operating around the world. Wärtsilä has previously provided Albacora with engines and propulsion systems as well as seals and bearings. The new agreement includes monitoring of the equipment as well as yearly audits…
Investing in Unsustainable EU Fishing is Risky
Recent changes to EU fishing and seafood legislation means that the financing of fishing operations reliant on overexploited stocks, or the use of destructive or unselective methods will prove a high risk to investors, Greenpeace warned today. The newly published Greenpeace briefing “Risky Business - Why Smart Investors Must Avoid Unsustainable Seafood Operations” outlines how a culture of overfishing, combined with sweeping changes in the European Union’s Common Fisheries Policy (CFP), the Common Market Regulation and the European Maritime and Fisheries Fund (EMFF) may radically affect both the profitability of fishing companies, and the seafood market in general.
Reintjes Provides Specialized Tuna Seiner Gear
The propulsion units of tuna seiners of the latest generation are characterized by high cruising speeds of up to 20 knots and highly turbocharged diesel engines with critical response characteristics during stop maneuvers. Reintjes has developed a gear system which helps maximize engine response times to aid the seine fishing process, yet also protects the gear and engine. A new 381 ft. tuna seiner, ordered by Albacora S.A. and scheduled for commission in early 1999, will be equipped with a Wärtsilä 8R46 diesel engine and a Reintjes WGV 1100 gear, and will reach a speed of 19 knots