Goheung-gun, Additional Reduction of Coastal Fisheries Underway

Securing an Additional 500 Million Won for Fishing Vessel Reduction Project Costs

Heunggun, Jeonnam (Governor Gong Young-min) announced that to enhance the sustainability and competitiveness of fisheries, he requested additional budget from Jeollanam-do, securing an additional 500 million KRW to further promote the ‘2023 Coastal Fishing Vessel Reduction Project’ following the first half of the year.

In the first half of this year, applications for coastal fishing vessel reduction were received, and 10 target vessels were selected and appraised. Due to the increasing number of fishermen facing difficulties in fishery management caused by depletion of fishery resources, an additional 5 coastal fishing vessels will be reduced.

[Photo by Goheung-gun]

The reduction targets are coastal fishing vessels under 10 tons with fishing permits, and the additional eligible industries include coastal complex, coastal gillnet, and coastal trap fishing.

Eligibility for the coastal fishing vessel reduction project requires that, as of the announcement date, the vessel must be at least 6 years old, continuously owned under the applicant’s name for the past 3 years, and the fisherman must have at least 60 days of fishing operation records.

Fishermen wishing to participate in the reduction project should prepare the application form for vessel reduction selection, vessel documents, fishing operation verification documents, and hull photos, and apply in person at the Marine Fisheries Division of Goheung County Office by August 7.

Goheung County will prioritize and appraise the submitted vessels to select the final participants, and plans to provide closure support funds by industry and tonnage, as well as the residual value amount calculated from the vessel appraisal.

Goheung = Asia Economy Honam Reporting Headquarters, Reporter Shim Jeong-woo hss79@asiae.co.kr

This content was produced with the assistance of AI translation services.