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Hooked on fuel rebate

Bermuda’s fishermen have been taking advantage of a diesel fuel rebate scheme launched last April, according to the Ministry of the Environment. The rebate applies to full-time fishermen only, and at 37 cents per litre represents a 100 percent return of duty paid. It is in effect for a three year period.

A total of $120,833 in rebates were applied for in the first six months, with 35 full-time fishermen taking advantage of the scheme — an average of $583 per fisherman per month.

Minister of the Environment, Telecommunications and E-Commerce, Neletha Butterfield said: “The most recent Throne Speech outlined our commitment to get more young Bermudians engaged in the fishing industry, and we hope by providing some economic relief to those already in the industry, more will be encouraged to explore a career on the ocean.”

Full-time fishermen already benefit from a zero rate of duty on equipment and commercial fishing vessels.