. Commercial fisheries review. Fisheries; Fish trade. March 1961 COMMERCIAL FISHERIES REVIEW 87 Union of South Africa FISH-MEAL INDUSTRY LOWERS RAW FISH PRICE: As an economy measure, the South African fish-meal industry has adopted a reduced price per ton of raw fish, which has been ac- cepted by private vessel owners. Privately- owned vessels account for an estimated one- third of the South African catch. Wages or shares paid to the crews of company vessels have also been cut. Exact figures are not available but it is believed that company-vessel crews now receive about L2 (US$) per ton (
. Commercial fisheries review. Fisheries; Fish trade. March 1961 COMMERCIAL FISHERIES REVIEW 87 Union of South Africa FISH-MEAL INDUSTRY LOWERS RAW FISH PRICE: As an economy measure, the South African fish-meal industry has adopted a reduced price per ton of raw fish, which has been ac- cepted by private vessel owners. Privately- owned vessels account for an estimated one- third of the South African catch. Wages or shares paid to the crews of company vessels have also been cut. Exact figures are not available but it is believed that company-vessel crews now receive about L2 (US$) per ton (down from (US$). Private vessel owners are be- lieved to have accepted a 20-percent price cut and a loss of fuel allowances and bonuses. In the redistribution of wages on privately- owned vessels, the captains have taken a maximum of nearly a 50-percent cut in pay. Captains of privately-owned vessels have been earning up to L4,000 (US$11,200) for seven months' work, four times a crewman's wage. The industry felt it could not support this in view of depressed fish-meal prices. (United States Embassy, Pretoria, Decem- ber 29, 1960.) PERU INTERESTED IN PURCHASING FISHING VESSELS: The Honorary Consul of Peru in Cape Town, Union of South Africa, has asked a Cape Town firm of naval architects for plans and estimates for the design and construction of steel-hulled, bare-bottom carriers for the the Peruvian fishing industry. Seventy-foot steel pilchard vessels built in South Africa suit the Peruvian specifications. Some have already been built for the South African fish- ing industry. Present capital costs for these vessels are estimated at L31G (US$B68) per foot of length, or about L21,700 (US$60,760) for a 70-foot vessel with fishing gear and engines installed. It is understood that the Peruvians have purchased similar vessels from American shipyards in the past, but are interested in South Africa as a lower-priced supplier. South African labor and steel are understood to b
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