Friday, February 28th 2014 - 03:14 UTC

Pescanova's survival to be decided in a month; Friday first deadline

Demetrio Carceller from Damm, could be the savior of the insolvent company

One of Spain's leading fishing companies Pescanova (under administration) faces a decisive deadline for its future, while banks finalize the negotiation of a creditors’ agreement based on debt cuts and investment in the firm, according to Europa Press based on sources familiar with the situation of the company.

Friday, February 28th 2014 - 03:05 UTC

Ocean Summit takes off with US proposal for a watchdog

The Economist and National Geography are hosting the meeting in San Francisco

The proposal to create an international body within the UN governing the seas was the focus this week at the beginning of the Ocean Summit. In this international meeting, world leaders emphasized its fast degradation and increasing pressure to further exploit its resources.

Thursday, February 27th 2014 - 03:19 UTC

Booming world fish trade generating more wealth than ever, says FAO report

Aquaculture production is estimated at 67 million tons in 2012 and 70 million tons for 2013

The booming world fish trade is generating more wealth than ever before, but countries must help small-scale fishers and fish farmers benefit too, says FAO.

Tuesday, February 18th 2014 - 05:53 UTC

Falklands: three crewmembers from a Taiwanese jigger have gone missing

Jiggers in Stanley, a common sight at the beginning of the squid season

Three crewmen from a Taiwanese jigger operating in Falkland Islands who were reported missing over the weekend have not been located. The first news of the incident was received in the early hours of Saturday February 15, when the Department of Fisheries Operations Sections notified the Royal Falkland Islands Police (RFIP).

Friday, February 14th 2014 - 08:38 UTC

Falklands coming Illex season encouraging: 51 licenses have already been taken

A promising season means many jiggers in Stanley waiting for their licenses  (Photo by Montana Short)

The Falkland Islands coming Illex season has been described as encouraging because out of 100 available jigger licenses 51 have been taken up and £5.6 million has been received so far, confirmed Director of Fisheries John Barton.

Tuesday, February 11th 2014 - 08:48 UTC

Argentine fisheries exports recovered in 2013 with an increase in volume and value

 Squid catches doubled partly because of 'the extension of the season'

Argentina fisheries exports reached 1.495 billion dollars last year which represents an 11.3% increase in value and 14.9% in volume compared to 2012, according to a report from the private consultant Investigaciones Economicas Sectoriales, IES. Squid played a leading role by doubling catches in 2013 with an extended season.

Monday, February 10th 2014 - 03:23 UTC

Falkland Islands' Fortuna incorporates MSC ice-class longliner 'Tronio'

The 1.058-ton 'Tronio' has a holding capacity and state-of-the-art frozen at sea factory which means it can process in excess of 300.000 kilos

Fortuna Ltd, one of the Falkland Islands leading fishing companies announced the incorporation to their Falklands registered fleet of the 55-meter ice class longliner 'Tronio', specifically designed for ice fishing in Antarctica.

Thursday, February 6th 2014 - 04:58 UTC

Aquaculture will provide close to two thirds of global food fish by 2030, says FAO

Fisheries catches are forecasted to level off while demand from an emerging global middle class, especially in China, substantially increases

Aquaculture, or fish farming, will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.

Tuesday, January 28th 2014 - 06:41 UTC

UN highest court settles maritime dispute: pride for Peru, rich fisheries remain for Chile

Chilean president Piñera disappointed with the ruling

The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.

Sunday, January 26th 2014 - 11:56 UTC

Argentine squid exports increased 84% last year compared to 2012

Overall fisheries exports were up 19.6% totaling 441.155 tons

Argentina fisheries exports reached 441,255 tons in 2013, up 19.6% over the previous year when 368,915 tons were shipped abroad. Among the items with outstanding performance figures squid with over 100.000 tons and 84% higher than in 2012, according to the official stats from Argentina's Senasa, National Health and Food Quality Service.


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