Government Expands Subsidised Fuel Access Across 13 Ports to Support Fishermen

The Maldivian government has launched a comprehensive diesel subsidy programme across all atolls to protect the nation's fishing industry from the volatility of global oil prices. The initiative aims to shield local fishers from rising operational costs triggered by ongoing conflicts in the Middle East. Managed through the Maldives Industrial Fisheries Company (MIFCO) and Fuel Supply Maldives (FSM) sheds, the Ministry of Fisheries, Agriculture and Ocean Resources has expanded subsidised fuel availability to 13 strategic locations. These ports include Ihavandhoo, Hanimaadhoo, Milandhoo, Eydhafushi, Dhuvaafaru, Kudahuvadhoo, Nilandhoo, Himmafushi, Felivaru, Kooddoo, Fuvahmulah City, Hulhumeedhoo, and the Hulhumale’ Jetty. To maintain fairness and efficiency, the Ministry has implemented strict fuel quotas based on vessel size and target species. For skipjack tuna fishing, vessels over 85 feet are eligible for 5,000 litres across two monthly trips, while vessels under 50 feet receive 1,500 litres for three trips. For yellowfin tuna, all vessel categories are permitted five trips per month, with allocations ranging from 1,800 litres for the largest vessels down to 600 litres for the smallest. To access the subsidies, fishermen must present a valid license and their most recent fuel receipt at designated refueling sheds. This verification process ensures that the benefits reach legitimate operators within the sector. Addressing potential concerns regarding supply, the government confirmed that there is currently no shortage of imported fuel. Existing stocks are deemed sufficient to sustain the expanded programme despite market fluctuations. This intervention serves as a critical economic lifeline for a sector that remains the lifeblood of the Maldivian economy. By lowering the overhead costs of fuel, the government intends to ensure the long-term viability of the industry and the livelihoods of thousands of fishing families across the archipelago.