Saturday, September 6th 2014 - 07:04 UTC

Is the controversial 'squid war' with Argentina reignited?

“Despite initial concern..., catches of Illex have exceeded 270,000 tons, which is the highest since the fishery began in 1987” said Governor Colin Roberts

The Falkland Islands Fisheries Department has reported this year that squid fishing generated the largest annual capture since records began, representing a major boost to the Islands economy.

Friday, September 5th 2014 - 03:28 UTC

Falklands' GDP 'volatile' because of fisheries and oil and gas exploration

Oil industry activities input to the Falklands economy in 2012 meant the per capita GDP soared to £77.4 thousand for 2012.

Recently released data shows that the Falkland Islands Gross Domestic Product (GDP) continues to be volatile: expanding considerably during some years and shrinking in others. For example, 2012, a year of intense hydrocarbons activity the per capita for a population of 2.562, in the books soared to £77.400.

Wednesday, September 3rd 2014 - 22:17 UTC

China expanding its investments in Argentina's South Atlantic fisheries

 Argentina's head of Fisheries department is in Shanghai and met with private companies and government officials

China is interested in investing in Argentine port infrastructure and in setting up companies with access to the South Atlantic fisheries, according to reports from Shanghai where an Argentine top level delegation is currently negotiating in the framework of the China-Argentina cooperation agreement.

Tuesday, September 2nd 2014 - 19:53 UTC

New Zealand increases hoki TAAC following successful stock conservation management

”This shows the success of our world-leading quota management system (QMS). It is flexible and driven by science”, said Minister Nathan Guy.

The Deepwater Group says the increase in the total allowable commercial catch (TACC) for hoki shows the benefits of a long term commitment to build biomass in this major New Zealand fishery. An increase in the hoki catch, from 150,000 to 160,000 tons, was announced on at the Seafood Industry Conference in Wellington by the Minister for Primary Industries Nathan Guy.

Tuesday, September 2nd 2014 - 07:36 UTC

Pescanova seems to be turning around following a severe financial purge

According to the official document, Pescanova’s sales totaled 434 million Euros between January and June 2014

The approval of the creditors’ agreement considering reductions over 90% of the debt helped the Galician multinational firm Pescanova achieve a net profit of EUR 1,790 million in the first half of this year. The six-month accounts submitted to the Spanish National Securities Market Commission (CNMV) show the cancellation of the firm’s bulky insolvency has meant the entry of EUR 2,3 million, which in the accounts figure as income.

Wednesday, August 20th 2014 - 21:24 UTC

Red tide devastates mussel growing and canning industry in Galicia

“It has pretty much stopped all activities at the 67 plants in Galicia because we only process local production” said Juan Manuel Vieites from ANFACO.

The presence of the lipophilic toxin in the Galician estuaries, (northwest Spain) has caused the closure of almost all Galician mussel polygons and forced the closure of activities in the local canning industry. The red tide is currently blocking 90% of the rafts production, since only two polygons located in Betanzos and four in Redondela are open, reported Atlantico news.

Friday, August 15th 2014 - 06:40 UTC

Chilean lawmakers approve initiative to ban trawling in territorial waters

“Gradually reducing the effort of trawling is a presidential commitment, where marine ecosystems harmed by trawling also benefit,” pointed out Machuca.

The House of Representatives approved this week a draft agreement to ban trawling in Chile. With 55 votes in support, six against and five abstentions, the deputies voted in favor of the Draft Resolution No. 100, which requests the Executive to submit a legislative initiative to amend Article 49 of Act No. 18,892 in order to ban fish catching by trawling.

Wednesday, August 13th 2014 - 22:12 UTC

Galicia closes a third of mussel polygons because of resurgent bio-toxic red tide

Mussel farms are a common sight along the Galician coast

The Xunta of Galicia in the northwest of Spain banned the extraction of mussels in 18 of the 55 floating nurseries of the autonomous region, that is to say, in 32% of the total capacity because of the presence of lipophilic biotoxin.

Wednesday, August 13th 2014 - 06:23 UTC

Spain celebrates as 'excellent' the latest EC fisheries TACs and quotas awarded

Minister Arias Cañete underlined the “grand bargain achieved by Spain” with  significant increases in fishing quotas in almost all resources of interest

The head of the Ministry of Food and Environment (Magrama), Miguel Arias Cañete, highlighted the ”excellent results achieved by Spain in negotiating total allowable catches (TACs) and quotas for 2014.”

Wednesday, August 13th 2014 - 01:04 UTC

EU sanctions 10 countries for overfishing with reduction of fishing quotas

“If we want to be serious in our fight against overfishing, we need to apply our rules by the book, and respect of quotas” said Commissioner  Damanaki.

The European Commission (EC) has decided to sanction Spain and nine other Member States for exceeding their fishing quotas during the past financial year, and reduce their fishing opportunities for 2014. This measure is intended to repair the damage caused to resources and in this way ensure the sustainable capture of resources.


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