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Seylan Merchant Bank
Sunday, 9 October 2005    
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Neil Marine to launch 54 ft tuna longliner

by Elmo Leonard

Neil Fernando and Co (Pvt) Ltd, Negombo, reputed to operate the largest boatyard in South East Asia is expected to launch its next boat, a 54 foot tuna longliner, bearing many advanced features at the Beruwela fisheries harbour, next week.


A Neil Marine built 54 foot fishing craft for Tallulah Fisheries, anchored at the Beruwela fisheries harbour.

Ordered by Tallulah Fisheries (Pvt) Ltd, this fishing craft will change hands at $195,000, Tallulah's managing director, Indika Abeyratne said.

At the boatyard in Negombo, another multiday fishing craft bearing the same dimensions, equipment and price is under construction for the same buyer.

Tallulah, a wholly Sri Lankan company, two-and-a-half years in operation, had purchased another six 54 foot fishing craft from the same manufacturer, priced at $185,000 each.

Tallulah operates from the Beruwela fisheries harbour, with its longliners spending 50 percent of time inside, and 50 percent time outside Sri Lanka's EEZ - Exclusive Economic Zone. The Tallulan craft stay out at sea from seven to 12 days and bring back a good catch of frozen tuna, sword fish and marlin which is 100 percent airlifted to Japan and Europe, Abeyratne said.

Neil Marine operates boatyards, and has branches and service centres in Chilaw, Matara, Tincomalee, Beruwala, Dehiwela, Colombo, Jaffna and Palakuda. The Neil Marine fishing craft, designed by British naval architect David Freeman to Lloyds and Det Norske Veritas classification and CE approval has been purchased by the Netherlands, Sweden, Norway, UK, USA, France, Maldives, Seychelles, East Africa and South East Asian countries, chairman Neil Fernando said.

The company is also in the process of designing and developing new 30 foot fishing vessels.


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