The main creditor banks of the Galician multinational firm Pescanova, (which is under a probe from the Spanish stock market regulator), argue that the only way the firm can reorganize its financial situation is through the total or partial sale of its subsidiary in Chile by means of a Preventive Judicial Agreement.
The South Atlantic Environmental Research Institute (SAERI) announced a new program: the South Atlantic Information Management System and GIS Centre, which officially brings together the UK South Atlantic Overseas Territories in SAERI’s South Atlantic scope that ranges from the equator down to the ice. The Centre is funded by the FCO via the UK’s Joint Nature Conservation Committee.
A court in Chile has halted the construction of a huge power plant being built by a Spanish company, after fishermen charged that the massive project would harm the environment and ruin their livelihood.
Japan’s declining appetite for whale meat is nothing new; but is the country also losing patience with its whaling industry? The answer apparently is yes, according to a new report that highlights the huge cost to the Japanese taxpayer of sustaining its whaling fleet. Without government subsidies, the industry would collapse, it said.
Spain’s Pescanova SA (PVA), Europe’s second- biggest fish processor, plunged 60% after it started the initial phase of seeking creditors’ protection and delayed results pending asset sales and a debt renegotiation.
After several years of negotiations, countries have taken a major step against illegal, unreported and unregulated fishing (IUU), one of the greatest threats to sustainable fisheries and related livelihoods.
Fifty years after the European Union fishing quota system was introduced, the EU has at last reached an ambitious agreement on the controversial practice of discarding fish. This comes over a month after the European Parliament voted for a ban.
Japan's fisheries minister said Tuesday his country will never stop hunting whales, despite fierce criticism from other nations and violent clashes at sea with militant conservationists.
Interpol Environmental Crime Program, with support from the Pew Charitable Trusts, the Norwegian Ministry of Foreign Affairs and the Norwegian Agency for Development Cooperation, this week announced the beginning of a massive global movement -- Project SCALE -- to cull illegal fishing and associated crimes.
Europe's fisheries ministers may dilute plans for a total ban on the practice of discarding fish at sea, as they meet in Brussels. An outright discards ban was widely welcomed when backed by the European Parliament last month, but it is being resisted by France, Spain and others.