Chinese fishing company Pingtan Marine Enterprise Ltd. has announced the recent delivery of three newly-built fishing vessels.

The three trawlers - FuYuanYu 191, FuYuanYu 192 and FuYuanYu 193 - were built by Huanghai Ship Building Co., LTD in Rong Cheng, Shandong Province and were ordered in October 2012.

Each vessel is capable of harvesting about 2,000 tons annually of approximately 30 types of species of fish including red coat fish, saury, mackerel, sardine and pomfret from the waters of Indonesia. These three new vessels bring the company’s total fleet to 129 vessels.

Mr Xinrong Zhou, Pingtan's chairman and CEO, said, "We are excited to add these new vessels into our fishing fleet, as each of these vessels possesses twice the catching capacity compared to our other trawlers.

“We are benefitting from the decision to apply for fishing licenses in 2012 since the Ministry of Agriculture restricted the issuance of new fishing licenses in the Arafura Sea in Indonesia during 2013. This allows our company to expand capacity in a market where other competitors either cannot expand or enter into the market. We expect these vessels to be in full operation at the beginning of the second quarter of 2015."

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