Falkland Islands Holdings PLC said on Monday that underlying pre-tax profit and revenue was broadly flat in its recently-ended financial year, and trading so far in the new year has met its expectations as it seeks to accelerate its growth and increase its scale through acquisitions.
The fishing industry in Punta Arenas, extreme south of Chile, is going through a serious recession --30% fall in landings-- which is not only impacting the activity of the four main companies, with lesser jobs, but also port operations and the price of freight as volumes are smaller, warned this week Enrique Gutierrez, General Manager of Pesca Chile.
Falkland Islands' Her Honour the Acting Governor delivered on Tuesday his State of the Nation speech to the elected Legislative Assembly underlining progress and expansion achieved in the economy and community development, the UK resolute in defending the rights and wishes of the Falkland Islanders to develop their own natural resources, and despite Argentine disruption and blockade efforts, first oil is expected to be produced in 2019.
Commercial fishermen trawling off the coast of the United Kingdom near Plymouth were stunned last week when they brought aboard a seven-foot, roughly 130-pound conger eel. The eel had gotten caught up in the trawler’s nets and was already dead by the time it was brought out of the water, but its sheer size surprised even the fishermen on board.
In a global context of fierce competition for fishery resources which are progressively being depleted as a consequence of overfishing, overexploitation and overcapacity, illegal, unreported and unregulated (IUU) fishing has become a growing concern, points out a FAO fisheries release.
New Zealand fishing company Sanford is welcoming news that a Nigerian registered vessel has been detained in Malaysia and 330 tons of toothfish confiscated from it. Sanford is one of only two New Zealand companies permitted to source toothfish from the Ross Sea fishery.
Studies of killer whales (Orca) in South Georgia waters may help fishermen avoid the whales stealing the fish off the fishing long-lines (termed depredation), according to the latest edition of South Georgia Newsletter.
Outstanding researchers and scientists from Argentina and Chile in the fields of marine sciences, fisheries Antarctica and technology innovation met this week in Buenos Aires for a day's work coordinating the scientific efforts of both countries.
Conservation groups and scientists worry that China’s push to boost its harvest of krill -- a shrimp-like creature used for aquaculture feed and human supplements -- may leave Antarctica’s whales, seals and penguins struggling to survive. China’s leaders say they want a seven-fold increase in krill production, according to a recent report in the state-owned China Daily newspaper.
It's budget time in the Falkland Islands and fishing again has boosted the government coffers this year with more than £6 million above that originally budgeted, according to the Penguin News.