PME operates in deepsea fishing to meet robust secular demand from the Chinese for high-quality protein in seafood. PME has a substantial incumbent advantage (0% tax plus government grants) in an ...
THE WAY OF A SHIP (429 pp.) — Alan Villiers—Scribner ($6.50). The full-rigged, deep-sea sailing-ship is gone, perhaps forever, and the man who mourns her most eloquently is Australia-born Alan ...