Killer wave sweeps away AP fishing industry, seafood exporters …
Economic Times – New Delhi,India
The monster waves, that rocked the Andhra coastline on Sunday, have washed out fishing activity in the entire region.
Preliminary estimates peg the loss on account of wreckage of fishing boats, nets, lines and other equipment at Rs 50-60 crore. The coast, from Nellore to Vizag, has reported major damage of fishing equipment and boats, which have been rendered not seaworthy.
On Black Sunday alone, the entire fish that landed in the Vizag harbour was lost in a matter of five minutes when the killer waves struck. The loss on the entire capture is pegged at Rs 1 crore in the Vizag harbour alone.
Seafood Exporters Association of India secretary-general Raghunath Reddy told ET, “There are two sources of seafood, capturing and culture. We feel fishing has taken a major toll in the wake of the waves. Nearly 10% of the 2 lakh aquaculture ponds in the region could have been affected on account of sea water seepage.