Monday, March 30th 2015 - 07:13 UTC

Falklands economy main contributor is fishing industry: 34% of GDP in 2012

Fishing licence fees are typically the biggest single source of government revenues, besides non-regular corporate tax revenues relating to hydrocarbons

Measured by GDP, fishing is the most important industry in the Falkland Islands and in 2012 contributed 34% to GDP, according to the State of the Falklands Economy report from the FIG Policy Unit.

Sunday, March 29th 2015 - 09:47 UTC

Sea Shepherd receives unexpected help in the 100-day chase of poacher

For the past 100 days Sea Shepherd's flagship the Bob Barker has been chasing a poacher caught taking Patagonian toothfish from Australian territorial waters (Pic FB)

One of Australia's biggest commercial fishing businesses has joined forces with militant environment group Sea Shepherd in an unheralded bid to stop pirate fishing boats. David Carter, from Perth-based Austral Fisheries, said the company was joining forces with Sea Shepherd because it wanted to lend moral support to the group's efforts to stamp out poaching.

Thursday, March 26th 2015 - 14:41 UTC

Falklands' main import trading partner is the UK with 87% of all goods

The value of imported services was approximately £260 million in 2012 with support services to oil and gas extraction making up £167 million of the figure.

The United Kingdom is the main import trading partner of the Falkland Islands with 87% of all imported goods coming from the UK in 2012 (Customs and Immigration 2013) with the rest imported mostly from Chile and Uruguay, according to the latest report on the Falklands' “State of the Economy”.

Wednesday, March 25th 2015 - 07:07 UTC

Falklands' economy performance impressive, although volatile and vulnerable

Oil was discovered in 2010 on the Sea Lion field and production for the world markets is currently planned for 2019.

The Falkland Islands economy has witnessed impressive, although volatile, growth in recent years with unemployment rates low enough to be the envy of most countries in the world and the government is free of debt, according to the latest “State of the Economy” released by the Falklands Policy Unit.

Wednesday, March 18th 2015 - 13:17 UTC

First call for proposals from Antarctic Wildlife Research Fund

The Antarctic Wildlife Research Fund aims to improve the science-based understanding of the role of krill in the Antarctic ecosystem and the scientific basis for krill fishery management.

The Antarctic Wildlife Research Fund (AWR) issued this week its first call for proposals, inviting applications from scientific researchers who can aid in determining the impact of the krill fishing industry on the Antarctic marine ecosystem. Such research will serve to ensure ecosystem protection, while improving the management basis for the fishery.

Monday, March 9th 2015 - 07:16 UTC

Taiwanese fishing boat with 49 crew missing in the South Atlantic

Hsiang Fu Chun lost contact on Feb. 26, but Taiwanese officials believe the boat could still be in the region, probably without power (Pic T. Hogwood)

A Taiwanese fishing boat that has gone missing in waters off southeastern Argentina could have lost power, Fisheries Agency Deputy Director-General Huang Hung-yan said this weekend, about a week after the vessel was reported missing.

Monday, March 2nd 2015 - 05:42 UTC

First squid landings in Argentina 'acceptable', but mostly Small

“First landings seem acceptable, but we are still at the beginning of the season; we have to wait and see if the tendency is confirmed”, reported

The first landings of squid have been reported from Argentine ports and they seem 'acceptable', although there are concerns about the 'complex' market situation. Jiggers have spent 20/25 days in high seas to complete holds but most of squid is classified as 'small' with a minimum percentage of 'medium' in the last days of February. The catches refer to South of Parallel 44.

Thursday, February 26th 2015 - 04:14 UTC

Brazilian lawmaker wants closer ties with 'Falklands' and even considers 'a friendship forum'

Celso Maldaner belongs to the strongest electoral party in Brazil and main ally of the ruling coalition headed by president Rousseff

Brazilian federal Deputy for the southern state of Santa Catarina Celso Maldaner who last week visited the Falkland Islands said he wants to 'influence and push' for a commercial opening of Brazil with the Islands, since he believes there is great potential for making business particularly regarding fisheries and tourism.

Friday, February 20th 2015 - 22:50 UTC

Falklands' reports on two Taiwanese jiggers man-overboard incidents

Jiggers 'flood' into Stanley at the start of the squid season to collect their licenses (Pic. M. Short)

The Falkland Islands government has informed that there have been two separate man-overboard incidents reported this week concerning a total of nine crewmen from two Taiwanese fishing vessels.

Friday, February 20th 2015 - 17:06 UTC

Global warming impact on fisheries is 'uncertain', says study

Upwelling of colder nutrient-rich water, significant for marine productivity with climate warming could enhance some of the world's most important fisheries.

A new study suggests that global warming may increase upwelling in several ocean current systems around the world by the end of this century, especially at high latitudes, and will cause major changes in marine biodiversity.


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