Chapter 553 Fishing at Sea



Bai Yu met up with the two captains at the dock, had a brief chat about the current situation, and then they each boarded their respective ships.

The two captains returned to their respective fishing boats and sailed away from the port, while Bai Yu and the others returned to the yacht and sailed away.

After all, they made a declaration when they entered the port, and some relevant information needs to be registered. Who knows if they will need to check again when they leave the port?

Adhering to the principle of not causing trouble in a foreign land, they should simply return to where they came from. Once they reach the open sea, Bai Yu and the others can transfer to a fishing boat.

Moreover, just to be on the safe side, they didn't even move the tuna they had caught while they were at the dock; they waited until they reached the open sea to move them.

With two fishing boats and a yacht starting up, they left the port and headed once again toward Peru's economic zone.

This time, they came to Peru with the intention of making money. In the words of the two captains, they couldn't let the membership fees they paid to the company go to waste, so they definitely had to catch a few nets of fish here.

Even if you don't catch any valuable seafood, you can still make a fortune if you can catch several hundred tons of anchovies.

Besides, anchovies are a specialty of Peru, with tens of thousands of tons produced every year. They only want to catch a few hundred tons, so their request isn't too unreasonable.

Anchovy, also known as phoenix tail fish or phoenix anchovy, is a very small fish, with each one only a tiny bit in size. It is mostly used as the main ingredient in spicy small fish snacks.

Or it could be fried small fish, dried small fish, or even used to extract fish oil. The consumption of these products in China is enormous.

Anchovies come in many varieties, and they are found not only in coastal areas of China, but also in freshwater areas.

This fish is also one of Peru's specialties, with a very large annual output. Our family also imports a lot of anchovies from Peru.

However, Bai Yu and his team are not planning to import from Peru this time. They don't need it; the companies that do import are those that don't have fishing rights in Peru.

But their company has the right to operate at sea without restraint. They can easily catch a few netfuls of seafood and leave.

In addition, their company also has a seafood processing plant, so they can produce and sell the anchovies they catch themselves, directly taking them back to the processing plant for processing and sales.

Although anchovies are not expensive, the price of a ton of them is only around 10,000 yuan in China, which is very cheap.

Even at the best of times, the retail price is only around ten yuan. The size of the anchovy determines that the price of this type of sea fish will not be too high.

But you can't resist the high price these things fetch once they're made. For example, if you make them into spicy small fish and sell them, one pound of anchovy can make forty or fifty packs of spicy small fish.

If we were to sell these out, even if the price were set lower, selling each pack for five or six cents, the price would be cheap and easy to sell, resulting in a profit margin of three or four times.

The profits here are enormous, since Bai Yu's company has a complete sales chain, producing and selling its own products without anyone else making a profit.

Besides anchovies, Peru also has a small sea fish called anchovy, which is often thought to be the same fish as anchovies, but the two are different.

Or rather, there are differences in some aspects. Both are small marine fish belonging to the family Anchovyidae in the order Clupeiformes, but the anchovy belongs to the genus Coilia, while the pufferfish belongs to the genus Anchovy.

However, in some places they are all given the same name: anchovy.

Most anchovies are used to make snacks like spicy small fish or fried small fish. Even for larger anchovies, the methods of use are basically the same.

However, anchovies are different. Internationally, they are mostly used to extract fishmeal. Anchovies are sold at a relatively low price, but fishmeal is sold at a slightly higher price.

Our main source of fishmeal is Peru, and we import hundreds of thousands of tons every year, which is a considerable amount.

However, just like anchovies and pufferfish, both are small fish found in the ocean, and their prices are very limited.

Currently, the two Yuxue fishing boats can still carry 900 tons of cargo, but they certainly can't be fully loaded; they will definitely need to leave some space.

Even if we calculate based on 800 tons, if they catch 800 tons of anchovies or wrasses and sell them for 10,000 yuan per ton, that would only amount to 8 million yuan.

This amount of money is barely enough for the two fishing boats to cover most of their fuel costs for the round trip.

This is mainly because it's so far from our home to Peru. Just one round trip takes almost two months, so the fuel costs are naturally high.

Even so, the two captains were already quite satisfied, since they had managed to recoup their fuel costs, which would further boost their sales of this batch of salt-frozen shrimp.

This is good news for them and their crew, since performance is related to year-end bonuses.

As their three ships reached the open sea, they found a secluded and deserted area and began transferring the supplies from the ships.

The entire process of transferring supplies was recorded, since Bai Yu and his group were currently on a global trip and had to earn all the expenses themselves.

If they run out of money, their trip will fail, and they'll have no choice but to turn back and go home.

The process of each income transaction, and whether it is compliant, also needs to be monitored by netizens to prevent any cheating.

Bai Yu and his crew's current actions are already bordering on illegal, since they are selling their catch to their own company's fishing boats at a slightly higher price than the local market.

As for selling it at our domestic market price, that's impossible; that would be pure cheating.

In any case, Bai Yu still left a portion of the profits for the Yu Xue No. 9 boat, because only in this way could it be compliant with regulations.

The catch transferred from Baiyu to Yuxue No. 9 wasn't actually that much; it was mostly the larger, more valuable fish that were moved.

The cheaper and smaller ones were kept by them.

These fish are either sold to ports in the next country, or they are kept for themselves to eat, since they are food too.

The number of fish that Bai Yu and his group transferred was not very large, only 136 fish in total, of which only 42 weighed more than 100 jin (50 kg), and the largest one was a bluefin tuna weighing more than 300 jin (150 kg).

It's just a regular bluefin tuna, not a Pacific tuna.

There were also quite a few large fish that weighed less than 100 pounds but were of good size.

In particular, there is a type of croaker that looks quite similar to the yellow croaker in China, but it is not a yellow croaker and there are some differences.

This fish is very common in Peru. You can catch it in coastal areas, economic zones far from the coastline, or even in the open sea.

I'm not sure what this fish is called in Peru, but it's relatively expensive.

No matter what, this thing looks more like a yellow croaker, and also a bit like a croaker. It is a sea fish of the Sciaenidae family. They all have one thing in common: their swim bladders are relatively large.

In addition, there are many people in our family in South America, and our family members are very familiar with the nutritional value of fish maw. Over time, the price of this kind of big fish has also increased locally.

Bai Yu didn't know much about this. A few days ago, they caught a lot of these big fish while fishing. Each one was nearly a meter long, and they were fat and plump, each weighing more than ten kilograms.

Bai Yu transferred all the fish to Yu Xue No. 9 mainly because he thought their swim bladders were good; they had eaten one on the ship before.

The fish meat was just average; it was indeed quite fresh and the flesh was delicate, but nothing particularly outstanding. What was outstanding was that the swim bladder was too large.

They caught more than fifty of these fish in total, and finally sold them all to Yuxue No. 9 for a package price of 40,000 yuan.

These fifty-odd large fish, just the swim bladders alone, could easily double their price once they're brought back to China.

In addition, there are large fish such as tuna, swordfish, grouper, and sea bream.

In Peru, there are other types of large grouper besides the giant grouper. However, the giant grouper is the largest and is protected, while others are not.

As law-abiding citizens, Bai Yu and his companions strictly adhere to the fishing regulations of various countries and international maritime conventions, even when fishing in international waters.

They absolutely will not cross the line where fishing and catching are prohibited.

All these miscellaneous big fish, when put together, didn't actually make much money. In the end, the total payment received from Yuxue Shipping Company was only a little over 800,000 yuan.

RMB is not a bargaining chip; when transacting with your own company, you definitely have to use RMB.

This means they sold it to their own company. If this were traded in Peru, even if they had dozens of tuna in their catch, they would be lucky to make 500,000 to 600,000 in revenue.

Tuna and swordfish are very expensive here, but in Peru, a fish of the same size can be shrunk to only one-third of its original size.

Although the price Bai Yu paid to his own company was a bit high, once they took all the fish back and resold them, they could still earn at least a few hundred thousand.

After all, their company doesn't have middlemen making a profit.

As for the money Bai Yu and his team made this time, although it wasn't a huge amount, you can't argue with the low oil prices in South America.

The biggest expense for Bai Yu and his crew on their global sea voyage was fuel, followed by the cost of vegetables.

However, oil prices in South America are only one-third, or even one-quarter, of those in China, and in some countries, they can reach one-fifth.

In this situation, the budget of over 800,000 yuan is enough for them to refuel their yacht two or three times.

Bai Yu and the others were overjoyed, their happiness evident in their expressions!

After selling all the valuable fish, Bai Yu and his companions boarded the Yu Xue No. 9 and began moving again.

...............

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