XN000022-1981-12-08 — Page 6

TUESDAY, DECEMBER 8, 1981

FISHERMEN GET NEW TRAWLERS

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A PAIR OF FISHING TRAWLERS BUILT WITH A $3.06 MILLION LOAN THE LARGEST AMOUNT EVER ISSUED UNDER THE FISHERIES DEVELOPMENT LOAN FUND ADMINISTERED BY THE AGRICULTURE AND FISHERIES DEPARTMENT WILL BE LAUNCHED IN A CEREMONY ON FRIDAY (DECEMBER 11) MORNING.

THE TRAWLERS, THE HOI NGAN+ AND +HOI KAN+, ARE OWNED BY FISHERMEN MR CHENG FOR-YAU AND MR LEUNG KOON-TAI RESPECTIVELY.

THE +HOI NGAN+ WILL BE LAUNCHED BY THE WIFE OF THE DIRECTOR OF AGRICULTURE AND FISHERIES, MRS J.M. RIDDELL-SWAN- WHILE THE *HOT KAN+ WILL BE LAUNCHED BY THE WIFE OF THE DIRECTOR OF MARINE, MRS P.E.J. DAVY.

THE CEREMONY WILL TAKE PLACE IN THE HOP LEE HING AND CHUNG SHUI LEE SHIPYARDS IN SHAU KEI WAN WHERE THE VESSELS ARE BEING BUILT.

IN JUNE THIS YEAR, MR CHENG AND MR LEUNG WERE AWARDED THE LOAN FROM THE FISHERIES DEVELOPMENT LOAN FUND.

THE FUND WAS ESTABLISHED IN 1959 AND SINCE THEN 68 LOANS AMOUNTING TO $15.6 MILLION HAVE BEEN MADE TO FISHERMEN TO HELP THEM BUILD NEW VESSELS OR MODIFY EXISTING BOATS.

IT HAS BEEN PLAYING AN IMPORTANT ROLE IN THE DEVELOPMENT AND MODERNISATION OF THE LOCAL FISHING FLEET.

AN INNOVATION IN THE NEW VESSELS IS A CONTROLLABLE PROPELLER SYSTEM WHICH ALLOWS THE PROPELLER BLADES TO BE ADJUSTED FOR OPTIMUM PERFORMANCE. THE SYSTEM IS EXPECTED TO BRING ABOUT INCREASED THRUST AND SPEED, BUT WILL CUT DOWN ON FUEL CONSUMPTION. THIS FEATURE IS A FIRST+ FOR THE LOCAL FLEET.

THE FISHERIES DEVELOPMENT DIVISION OF THE AGRICULTURE AND FISHERIES DEPARTMENT DESIGNED THE TWO VESSELS.

NOTE TO EDITORS:

MEDIA REPRESENTATIVES ARE INVITED TO COVER THE LAUNCHING OF THE TWO FISHING TRAWLERS ON FRIDAY (DECEMBER 11).

THE CEREMONY WILL TAKE PLACE FIRST IN THE HOP LEE HING SHIPYARD ON A KUNG NGAM ROAD, SHAU KE! WAN NEAR THE FISH MARKETING ORGANISATION SCHOOL. MEDIA REPRESENTATIVES SHOULD ARRIVE AT THE SHIPYARD BY 10.20 AM.

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