Expansion of cuttlefish fleet pays dividends for Chinese firm

Six new vessels appear to be having an impact for China Aquatic Products Zhoushan Marine Fisheries Corp., which trades under the Mingzhu brand. The firm has announced its fleet has fished 11,400 tons of cuttlefish from the North Pacific waters since August.

Investment in “better vessels and better technology” as well as higher staffing levels has all ensured that the firm got a record haul this autumn, according to company boss Wang Yan in a statement. 

Part of the CNFC conglomerate, China Aquatic Products Zhoushan Marine Fisheries Corp. (it is often known as ZhouYu) is state owned and operates out of the east coast Chinese city of Zhoushan, traditionally a fishing hub but one which has suffered in recent years from the depletion of stocks in China’s own waters.

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