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Pingtan orders 25 new fishing vessels for fleet replacement

The vessels have already received ratifications from the Chinese ministry of agriculture, which ensures that the licenses to fish in foreign waters will be transferred to the new vessels

By Undercurrent News | May 29, 2014 09:42 BST
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Pingtan Marine Enterprise, a global fishing company based in the People's Republic of China, this week announced it has ordered 25 newly-built fishing vessels as part of its fleet replacement plan [...]

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