UAE company contracted to build, operate $16 million hatchery

The construction is being carried out in two phases and all infrastructure work at the hatchery has now been completed in the first phase.

5 November 2022

Private fish exporters raise concerns over MIFCO subsidy

Complaints like not being able to catch fish, not getting ice to store fish and not getting the same price for fish are always heard from fishermen.

13 November 2022

FSM to sell discounted fuel to fishermen; credit available

Under the credit scheme, fishing vessels will get 15 days to pay for the fuel.

4 January 2023

MIFCO buys 4 vessels for seasonal fishing

The vessels will be brought to the country by the first or second quarter of next year and will be put into service.

12 December 2022

MIFCO to develop Kanduohgiri as fish packing facility

He said that MTCC has been entrusted with the task of repairing the island’s harbour.

13 December 2022

Six-foot long giant grouper caught in Addu

According to sources, the second largest grouper was caught in 2014, and it weighed 80 kilograms.

4 October 2022

EU, UK to slash duty on Maldives fish very soon, Pres says

The biggest hurdle to this is that taxes are being collected from the Maldives and not the other Indian ocean countries which export fish.

27 January 2023

MIFCO says privatisation will benefit company

Fauzi said MIFCO's purchase of fish from fishermen at above market prices was a huge loss to the company.

14 December 2022