Chinese squid-fishing companies have been stepping up efforts to secure a bigger share of the E.U. market.
Multiple Chinese companies, along with officials from municipal governments, said that they can sell more squid to the E.U. by getting more Chinese vessels to meet requirements for E.U. import registration. The requirements would also would elicit the benefits of catching more squid, achieving higher prices for it, and modernizing the Chinese fleet, according to the government-run Qianjiang Evening News.
“There is a premium of CNY 300 [USD 41, EUR 40] to CNY 500 [USD 68, EUR 67] per ton in profit for squid caught by E.U.-registered vessels,” said representatives from Zhoushan Ningtai Ocean Fishery Co., a major Chinese squid-fishing firm, according to Qianjiang Evening News.
Adherence to E.U. requirements entails vessels to meet rigorous standards concerning equipment, onboard processing facilities, worker living conditions, and vessel safety, according to the Qianjiang Evening News.
Three vessels owned by Zhoushan Ningtai – Ningtai 12, Ningtai 22, and Ningtai 89 – were listed recently on the European Commission's Directorate-General for Health and Food Safety as being permitted to ship to the E.U. market, and the company is aiming to get more vessels registered.
Processing companies back in China are …
