Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Fishing company CEO leads charge for tax-free fuel
News
BY HG HELPS Editor-at-large helpsh@jamaicaobserver.com  
March 20, 2022

Fishing company CEO leads charge for tax-free fuel

Give us tax-free fuel.

That is the call from a major player in the fishing fraternity, as he appealed to the Government to encourage the growth of the fishing for export industry.

Roderick “Ricky” Francis, CEO of B&D Trawling Ltd, said that due to the high cost of fuel used in boats, catching fish for the export market and competing with those countries in which working conditions are not as costly, made it nigh impossible to capitalise on a viable market that clearly exists.

The cost of fuel has made the exporting of fish prohibitive for some, including B&D, better known for its conch harvesting, considering that fishing grounds are up to 100 miles away. With fuel being the major input, making a profit can be tight.

That situation too, Francis said, is something that the Government has been asked to look at over the last five years: duty-free fuel for fishing, but nothing tangible has occurred.

“We have a MoU (Memorandum of Understanding) sitting on the table for over five years,” he said.

“If we could get tax-free fuel, it would generate more job producing exports. The price of fuel has gone up so that we can’t export, say 10,000 pounds of fish each week. We can’t do that anymore. When you look at our competitors – Honduras, Brazil, Dominican Republic, Colombia… all of them get tax-free fuel. These are the same people we are competing with. We are not competing against the Jamaican man. We are competing against the other countries who are going into Florida, into Europe, so they have a bigger competitive advantage over us,” said Francis, whose business is 99 per cent export-based in respect of conch meat in particular, with a retail store at the company’s headquarters there for locals to cash in on.

Poaching, he said, had cut deep into his company’s, and that of other Jamaican firms’, operations, and he believes that more could be done to keep that problem in check.

He believes that a strategic approach could be instituted to catch external thieves who consistently fish in Jamaican waters, many of whom go unpunished.

“There are simple solutions that can help a lot. One of the solutions is the Coast Guard boat goes to Pedro Cays once a week to change shift. But if they anchored down on the west side of the bank, that presence alone would be a significant deterrent. So instead of going back, they could spend some time anchored down. I don’t know why they won’t employ that. Maybe they have different strategies, or maybe it is based on cost.

“Also,” Francis carried on, “poaching boats come and they get a slap on the wrist and let them go. We need to change the legislation so that when poaching boats come, we seize them…put up heavier deterrents to those from Honduras, the Dominican Republic, and Nicaragua, and as The Bahamas is getting into a self-imposed lockdown, the price of conch is going to go up internationally, that will create more demand, and more incidents of poaching. That’s why I am asking for the Government to be conservative until we go through this process,” Francis said, referring to the Marine Stewardship Council (MSC) certification that is currently being worked on.

MSC is a system which will validate the sustainability of Jamaican conch and appeal to environmentally aware customers.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Trump to ban foreign aid over ‘gender ideology,’ diversity
International News, Latest News
Trump to ban foreign aid over ‘gender ideology,’ diversity
January 22, 2026
WASHINGTON, United States (AFP) — United States (US) President Donald Trump's administration will refuse billions of dollars in potential foreign assi...
{"jamaica-observer":"Jamaica Observer"}
Venezuela moves to liberalize oil sector, in boost for Trump
International News, Latest News
Venezuela moves to liberalize oil sector, in boost for Trump
January 22, 2026
CARACAS, Venezuela (AFP)—Venezuelan lawmakers on Thursday began debating plans to throw open the country's lucrative oil sector to private investors, ...
{"jamaica-observer":"Jamaica Observer"}
UWI confers honorary doctorate posthumously upon late Don Wehby
Latest News, News
UWI confers honorary doctorate posthumously upon late Don Wehby
January 22, 2026
KINGSTON, Jamaica — The University of the West Indies (UWI) posthumously conferred the degree of Doctor of Laws (honoris causa) upon the late Honourab...
{"jamaica-observer":"Jamaica Observer"}
Haitian prime minister escapes dismissal
Latest News, Regional
Haitian prime minister escapes dismissal
January 22, 2026
PORT AU PRINCE, Haiti (CMC) — Haitian Prime Minister Alix Didier Fils-Aimé narrowly escaped dismissal late Wednesday. A resolution for his dismissal h...
{"jamaica-observer":"Jamaica Observer"}
US says Nigeria must ‘protect Christians’ at security talks
International News, Latest News
US says Nigeria must ‘protect Christians’ at security talks
January 22, 2026
ABUJA, Nigeria (AFP)—The United States said Nigeria "must do more to protect Christians" following a mass kidnapping across several churches in Kaduna...
{"jamaica-observer":"Jamaica Observer"}
Defiant ex-prosecutor testifies to Trump’s ‘criminal’ election plot
Latest News
Defiant ex-prosecutor testifies to Trump’s ‘criminal’ election plot
January 22, 2026
WASHINGTON, United States (AFP) — Former special counsel Jack Smith defiantly defended his prosecution of Donald Trump in a long-awaited showdown Thur...
{"jamaica-observer":"Jamaica Observer"}
‘Sinners’ breaks all-time Oscars record with 16 nominations
Entertainment, International News, Latest News
‘Sinners’ breaks all-time Oscars record with 16 nominations
January 22, 2026
LOS ANGELES, United States -- Vampire period horror film "Sinners" smashed the all-time Oscars record with 16 nominations, the Academy announced Thurs...
{"jamaica-observer":"Jamaica Observer"}
Liberty Business champions digital transformation at JSE regional conference
Business, Latest News
Liberty Business champions digital transformation at JSE regional conference
January 22, 2026
Leading technology solutions provider, Liberty Business, will be championing digital transformation through its partnership with the ongoing Jamaica S...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct