News > Rising fuel cost hits Kerala fisheries operation

Rising fuel cost hits Kerala fisheries operation

The Hindu Business Line | 03/05/2022 03:59 PM | Click to read full article

Joseph Xavier Kalapurackal, general secretary of All Kerala Fishing Boat Owners Association, said diesel prices have zoomed by about ₹10 per litre in the last one and a half months, forcing many boat owners to cut down operations at Cochin Harbour.

The dwindling catch due to global warming is adding to their woes. At 1,500 litres for a three-day fishing venture, the fuel cost alone totals ₹1.5 lakh. The boat operator has to spend an additional ₹2 lakh towards ice for storage, wages, and so on.