Bangkok, Thailand-based Thai Union plans to invest an additional EUR 10 million (USD 10.2 million) into Indian Ocean Tuna Ltd., a manufacturer and exporter of canned tuna in the Seychelles ...
Photo courtesy of Thai… Read More
Cape Town, South Africa-based fishing company Oceana Group has advised shareholders its earnings per share for the period ending 31 March, 2022, will dip by between 53 percent and 63 percent to between ZAR 1.051 (USD 0.067, EUR 0.062) and ZAR 1.335 (USD 0.085, EUR 0.079) …
Photo courtesy of Oceana… Read More
A new policy paper by the African Development Bank has highlighted the potential of seaweed farming as a means of augmenting socio-economic development in various African countries, despite current low productivity levels.
The new policy paper says African countries should invest more to promote partnerships between private companies and communities involved in seaweed production, and also work to scale up research and development in the… Read More
Kenya has cut the budget for its fishery sector projects by 27 percent for the next fiscal year, even as the government seeks to complete key projects it previously launched.
National Treasury Cabinet Secretary Ukur Yatani has allocated KES 7.8 billion (USD 67.2 million, EUR 61.7 million) for various projects promoting aquaculture, fish processing, and fisheries infrastructure, such as docks and landing areas, for the financial year starting… Read More
South Africa’s marine fisheries and related service industries have struggled to retain gains achieved before the COVID-19 pandemic, with production volumes, earnings, and profit margins eroding in 2020, according to findings published by Stats South Africa …
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The West African country of Guinea has been listed among four case studies showcasing positive changes in fisheries governance that resulted from the support of the European Union in the prevention, deterrence, and elimination of illegal, unreported, and unregulated (IUU) fishing, according to a new report by the European Union IUU Fishing Coalition.
The report, "Driving improvements in fisheries governance globally: Impact of the EU IUU carding… Read More
Namibia has suspended the country’s laws on allocation of fishing quotas in order to address an anomaly encountered during last year’s fishing season.
Although the law bars any form of rolling over fishing quotas of any given year to next one, Namibia's cabinet resolved to have that provision suspended to pave the way for reallocation of the remaining uncaught fishing quotas from 2021 to this year’s fishing… Read More
The Indian Ocean Tuna Commission (IOTC) has released a new list of fishing vessels flagged to India and Sri Lanka that have allegedly carried out illegal, unregulated, and unreported (IUU) fishing within its area of jurisdiction.
IOTC Executive Secretary Christopher O’Brien said the vessels may have either fished in a manner inconsistent with IOTC Conservation and Management Measures in force, or failed to comply with laws and regulations… Read More
Mauritius is finalizing the development of a new fisheries bill to support more-effective management of country’s marine biodiversity and resources.
An island nation of 1.2 million people, Mauritius has an annual per-capita consumption of 28 kilograms of seafood per year.
Mauritius Blue Economy, Marine Resources, Fisheries, and Shipping Minister Sudheer Maudhoo said the new bill also intends to promote a sustainable ecosystem… Read More
Kenya has agreed to begin requiring minimum safety requirements on its fishing vessels by ratifying the Cape Town Agreement (CTA) and the International Convention on Standards of Training, Certification and Watchkeeping for Fishing Vessel Personnel (STCW-F).
The two initiatives are driven by the International Maritime Organization (IMO) to improve safety at sea and combat illegal, unreported, and unregulated fishing.
Kenya’s High… Read More