The latest annual report from Chile's Fisheries administration, Public Account of Resources Status 2016 indicates that of the 43 existing fisheries, 25 have biological reference points (PBR) which means a precautionary approach. The presentation was made by Paolo Trejo, Under Secretary for Fisheries and Aquaculture.
Early indications from scientific surveys are showing “no big concentrations of Illex,” in the Falkland Islands waters or on the high seas, “which is worrying,” said Falkland Islands Government Senior Fisheries Scientist Sasha Arkhipkin as reported by the Penguin News.
Argentina's National Fisheries Coordination Agency reported that the Federal Fisheries Council (CFP) established fishing quotas for hake (Merluccius hubbsi) for the current year: 277,000 tons for the south area (south of parallel 41°SL) and 35,000 tons for the north area (north of parallel 41°SL).
The New Zealand Maori co-owned deep-sea fishing company Sealord is walking away from its disastrous hoki venture in Argentina with an estimated 60 million dollars loss, reports the NZ media.