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Yuh Yow Fisheries owns 47 vessels in Pacific, Indian Oceans

By Charlina Tone

APIA, Samoa (Samoa Observer, March 3, 2012) – A fish processing plant may soon open in Samoa if a fishing company from Taiwan gets the green light from the Government.

Yuh Yow Fisheries Company has submitted a proposal to the Government asking to hire sheds at the Apia Harbour to use for the project. This was confirmed by the Minister of Agriculture and Fisheries, Le Mamea Ropati Mualia, yesterday.

He said the company is already using the wharf as a hub for its vessels that fish the Pacific waters.

A Chinese container ship comes to Samoa every two months where the catch from the company’s smaller boats are off loaded.

But the company wants to set up a permanent collecting station in Samoa. The Minister says the fishing company aims to speed up the turn around of its trawlers by using a storage facility instead of waiting for the freighter to arrive.

"If approved by the government, this could eventually turn into a fish processing plant," Le Mamea says.

The Ministry of Agriculture currently receives revenue from the operation and this will increase once the proposal is approved, the Minister says.

Le Mamea says there are many other benefits once the station is set up.

"It will create employment for our people and the waste from the fish can be used as fertilizer," he said.

The Fisheries division charges two sene per kilo for fish that is transshipped at the wharf.

Yuh Yow Fisheries Group & Companies is a Taiwanese owned company.

It owns a fleet of 47 vessels operating in the Indian Ocean and Pacific Ocean. Yuh Yow also owns and operates tuna processing facilities including a facility in Vanuatu and the Solomon Islands.

It exports 12,000 mt of Sashimi grade tuna to Japan a year.

The company catches around 2,400 mt of albacore tuna from the Cook Islands waters, which it offloads to the canneries at Pago Pago.

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