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Falklands reports poor catches of squid; reimbursement of licenses to be considered in June

Tuesday, April 19th 2016 - 00:31 UTC
Full article 16 comments

Falkland Islands authorities have confirmed that Illex squid capture has been particularly low this fishing season, a situation that could lead the Islands government to reimburse part of the license fees paid to catch cephalopods. Read full article

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  • Marcos Alejandro

    At least the oil exploitation is doing well...oh wait..

    Apr 19th, 2016 - 02:26 am - Link - Report abuse 0
  • Skip

    Still not part of Argentina, Marcos.

    Apr 19th, 2016 - 03:19 am - Link - Report abuse 0
  • gordo1

    @1

    Marquitos Alejandrito! Nene, please get your facts right before making your juvenile remarks!

    Apr 19th, 2016 - 07:31 am - Link - Report abuse 0
  • Think

    Welll....
    I guess chère Isolde won't be buying herself a Merc this year either...
    https://m.youtube.com/watch?v=AjTuRDW2NHY
    Chuckle chuckle...

    Apr 19th, 2016 - 07:33 am - Link - Report abuse 0
  • golfcronie

    Relax Marcos, Rome was not built in a day. Rockhopper Oil says that there could be 1 billion barrels of oil in the FALKLANDS, just a matter of time 2020 I understand would be first oil. That would be about 3 years before the breakup of Argentina. Anyway tell us how the foreign investment is going in PUTA MUERTE, are many foreign companies investing in it, you stand more chance now that you have to pay the holdouts ( more foreign debt to be serviced sometime in the future ) for their investments ( 16 years ago ) But anyway Argentina needs investment but most of all they need to change their attitude ( be more humble ) perhaps I am asking too much.

    Apr 19th, 2016 - 07:37 am - Link - Report abuse 0
  • Skip

    That's alright Think she also doesn't have to worry about sky-high inflation eating away her savings and devaluing her income.

    Just another bonus for Isolde not living in Argentina I guess. Shame you can't claim the same.

    Apr 19th, 2016 - 07:52 am - Link - Report abuse 0
  • Think

    What income?
    She's a home engineer...

    Apr 19th, 2016 - 07:59 am - Link - Report abuse 0
  • Skip

    And yet she doesn't do that in Argentina.

    I'm having trouble seeing the downside of any of your points.

    Apr 19th, 2016 - 11:09 am - Link - Report abuse 0
  • Islander1

    Think- Very sorry- nothing to gloat about from your side at all! It was a predicted and expected downturn this season. They happen -this one was forecast last year due to the “el nino” - she only has to shift ocean currents and temp a wee bit . Has happened before - will happen again sometime.Last 2 years were records-could not expect a 3rd in a row!
    BUT- F.I.G. has built in financial reserves to cover the occasional income drop - so will not have any significant budget affect - in good times our Govt is shrewd and puts some in the bank against the rainy days - what is Arg Govt financial reserves like?

    Marcos- nobody worried here about low oil prices(maybe a very few jumped the gun and now have burning fingers-that's life!) - Oil would be very nice- but is NOT essential to our economy. However - when prices rise again - maybe 2yrs may 5 - who knows? Then when economics are right - we know the identified commercial fields - 2 of them so far - will be developed. Simple as that.

    Apr 19th, 2016 - 12:14 pm - Link - Report abuse 0
  • Think

    (9) Islander1
    In the meantime, I will continue “eging” as many of our Illex Argentinus from the Chubutean coast as possible...
    Freaking fun fishing as a matter of fact... You should try it...
    Much better than waiting for that never coming first Pirate oil...

    Apr 19th, 2016 - 03:24 pm - Link - Report abuse 0
  • Islander1

    10-Think - I agree re fishing - rarely get the time though to chase the trout here.
    Maybe when one eventally becomes a pensioner!
    I recall CFK tried to divert the ilex once - well rather tried to catch the immature undersize ones out in open sea up north before they entered the Falklands - or the Arg zone! Failed dismally when the boats that went out caught very little and it was unsaleable anyway.
    Fickle things fish - they don't fuss about boundary limits.
    Oh- don't have any oil shares myself either! It-the oil- will come one day when price is right.

    Apr 19th, 2016 - 03:56 pm - Link - Report abuse 0
  • Think

    (11) Islander1
    “I recall CFK tried to divert the illex once” you say...

    Well... That's certainly a good Malvinas fishing story...
    Anyhow..., you seem to have done a pretty good job yourselves by grossly overfishing the Illex the last couple of years....
    Last year the oversupply caused by your overfishing even depressed the illex world price by ~50%...

    Not smart!

    By the way...
    Oil times they are a changin'
    When you eventually become a pensioner, that oil will still be on the ground...

    Apr 19th, 2016 - 07:16 pm - Link - Report abuse 0
  • Islander1

    Think- no overfishing at all last year - nor the year before! Good escapment levels - our Fisheries dept is firm on it each season - and in a reasonable year the season has been closed early before and licences part refunded purely because of concern over the escapment levels - which are needed as we both know to get the biomass for the next season.
    Were your folks overfishing in your side as well then as your side is well down as well.
    We both know the reality- squid are very fickle - even more than a trout! And are very susceptible to minor changes in ocean currents and temperatures and different water depths.
    Fish Prices - supply and demand Law- not one CFK ever really understood I guess. And fishermen are a bit like farmers - always got a grumble
    CFK indeed had a damn good shot at it - but it fell flat in her face- rather like the cruise ship barring did. She tried lots of things over the years,
    and failed on all of them as far as we were concerned.
    She made a few things more difficult/and-or more costly - but failed to stop anything.
    No I expect to still be around when first oil comes out north of here.
    The world likes the stuff to much!

    Apr 19th, 2016 - 08:43 pm - Link - Report abuse 0
  • Skip

    “When you eventually become a pensioner, that oil will still be on the ground...”

    Yes, but British ground and not Argentinean.

    Always the most important point.

    Apr 19th, 2016 - 09:10 pm - Link - Report abuse 0
  • Briton

    The British Falkland's have done ok for the last 200 years,

    and will do ok for the next 200 years

    unless of course Argentina know something we don't.

    Apr 19th, 2016 - 09:40 pm - Link - Report abuse 0
  • Pete Bog

    @1

    “At least the oil exploitation is doing well...oh wait..”

    That's why the FIG always keep reserves of money by to cover bad years.

    Like Argentina do......oh wait.

    Apr 20th, 2016 - 09:10 am - Link - Report abuse 0

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