The Galician fishing industry is undergoing a boom as Spain recovers from the economic crisis that had caused a halt in the construction of new vessels and investments on new processing plants in recent years, Javier Fraga Diaz, director with Spanish bank Abanca's maritime unit (Banca Mar), revealed.
Funds for decommissioning fishing vessels during 2015 have increased by 12.9 million Euros to 23.2m Euros, according to what was reported by the Xunta of Galicia (north-west Spain) Ministry of Rural and Marine Affairs.
Argentina’s government could at any stage now force Spanish seafood group Pescanova to divest its squid fishing operation based in the Falkland Islands, as it is reportedly breaching fishing legislation, said Spanish media.
Falkland Islands is reporting record catches of Illex and Loligo squid this season. News first arrived last Sunday when it was announced that local jiggers had caught the highest daily catch and highest catch rate of Loligo squid since at least 2000.
The first four ship owners summoned by the Court of Marin, Galicia, northwest Spain admitted to having incurred in fraudulent tax practices in 2008, 2009 and 2010. The Pontevedra Criminal Crimes prosecutor accused the fishing vessel owners of fraud totaling 13.7 million Euros, from the sale of undeclared fish catches from the cooperative San Miguel de Marin
The Falkland Islands Magistrates court last week imposed a heavy fine on a Taiwanese company and the master of the vessel Hua Sheng 626 after admitting to a number of fishing offences, according to a report by Stacy Bragger’s from FIRS.
A tugboat from the Chilean Navy equipped for environmental emergencies is trying to determine the position where the remains of the Chinese factory ship Kai Xin went down in Antarctica last week after catching fire and left adrift by the 97 member crew rescued by a Norwegian vessel and a reefer.
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.
Two Venezuelan fishing vessels were caught illegally operating n French Guiana waters by a French Navy patrol and will be destroyed as is normal procedure in the territory, according to Cayenne media.
Britain warned Argentina against cutting off an air link to the Falklands as part of an economic blockade of the Islands, reports the Evening Standard. Buenos Aires is threatening to stop a weekly flight from Punta Arenas in Chile to Port Stanley by refusing permission for it to use Argentine airspace.