Thiruvananthapuram, June 11 (UNI) Kerala Chief Minister Pinarayi Vijayan on Monday distributed compensation to 731 shore-seine fishermen, who lost their livelihood due to the implementation of Rs 7525 crore Vizhinjam International Seaport Project. Speaking on the occasion, the Chief Minister said 2,898 fishermen will benefit from 68.89 crore compensation package and the Vizhinjam Seaport Project is an asset to the development of the state. Stating that construction of roads, weigh bridge and site office have been completed in the first phase, he said 95 percent of the required 149 hectares land has already been acquired. Announcing that 88 families were given five cent land each, he said the Government distributes kerosene to 1,734 mechanised country fishing boats plying from Vizhinjam, which invites an additional expense of 2.50 crore every three months.