High costs, poor catches and labor conflicts are threatening the competitiveness of Uruguay's fishing sector which has seen exports drop considerably plus fears of a possible closure of Nigeria which in the last 18 months has become the main market.
European Commission (EC) is urging European countries to impose trade sanction on Belize over illegal fishing, while warning Curacao that it may be next. The EC also urged European Union governments to hit Cambodia and Guinea with the sanctions, cautioning South Korea and Ghana that they, too, may be next in line.
Uruguay fisheries exports last year totaled 79.768 tons valued at 189 million dollars which is a considerable drop from 2011 with 102.500 tons and 236 million dollars. White croaker and hake were the main export items and Nigeria displaced the European Union as the main market.
One of the Falklands leading Seafood Companies, Fortuna, has invested in a pilot brown trout farm facility in the Falkland Islands. The project is lead by Simon Hardcastle, a Falkland Islander with experience of fish farming both in Scotland and in earlier projects in the Islands.
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
Global Environment Facility (GEF) CEO Naoko Ishii approved a project coordinated by the UN Food and Agriculture Organization (FAO) to improve the health and sustainability of tuna fisheries worldwide by reducing illegal catch and supporting related marine ecosystems and species.
The Galician multinational firm Pescanova needs an estimated 185 million Euros in working capital to be run in a year, according to estimates made by the consulting firm PricewaterhouseCoopers (PwC).
A Spanish flagged trawler returning from fishing in the Falkland Islands caught fire early Monday morning as it was docking in the port of Montevideo. The cause of the fire which was rapidly controlled by Uruguayan fire brigades is still unknown according to the navy spokesperson Gaston Juansolo.
Russia, Ukraine and China are being blamed for a failure of plans to protect almost 3 million square kilometers of ocean in Antarctica. After two weeks of discussions behind closed doors, the Conservation of Antarctic Marine Living Resources (CCAMLR) has failed to come to an agreement on new marine reserves.
When in December 2012, the NOAA National Geophysical Data Center and the NASA Earth Observatory released a new map of the Earth as it appears at night they found something fishy off the coast of Argentina but now the mystery has been solved. About 300 to 500 kilometers offshore, a city of light appeared in the middle of the South Atlantic Ocean. There are no human settlements there, nor fires or gas wells. But there are an awful lot of fishing boats.