Disaster relief funds for fishing boats damaged by high temperatures and low tides... Second round of support in early November

Published 2025년 10월 1일

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[Korean Farmers and Fishermen Newspaper, Reporter Young-jin Choi] Following the payment of the first disaster relief fund to fishing households affected by high water temperatures and red tides, the second round of support is expected to be provided as early as early November. The Ministry of Oceans and Fisheries announced on the 29th that the first disaster relief fund of 7 billion 400 million won was paid to 264 aquaculture households in the Gyeongnam, Jeonnam, and Chungnam regions, where damage surveys were completed among those affected by the disaster this summer. This disaster relief fund was initiated as the damage to fishing households surged due to the simultaneous occurrence of high water temperatures, red tides, and lack of oxygen in water masses. The Ministry of Oceans and Fisheries also paid 4 billion 800 million won to 88 fishing households for emergency discharges in preparation for high water temperatures, and 84

Original content

Following the payment of initial disaster relief funds to fishing vessels affected by high water temperatures and red tides, a second round of support is expected to be provided as early as early November. The Ministry of Oceans and Fisheries announced that it has disbursed 7.24 billion won in initial disaster relief funds to 264 aquaculture vessels in the Gyeongnam, Jeonnam, and Chungnam regions, where damage assessments have been completed following the summer disasters. This disaster relief fund was initiated due to the simultaneous occurrence of high water temperatures, red tides, and oxygen-deficient water masses, which caused a surge in damages to fishing vessels. The Ministry of Oceans and Fisheries disbursed 4.18 billion won to 88 vessels that were urgently released to counter high water temperatures, 1.46 billion won to 84 vessels affected by red tides, and 1.6 billion won to 92 vessels affected by oxygen-deficient water masses. Additionally, a total of 2.3 billion won in ...
Source: Agrinet

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