Tag Archives: “distant water” fleets
Tuna prices to rise: PNA nations to lift day rate from US$6,000 to US$10,000 in 2015
The fee system had allowed Pacific nations to increase earnings from their tuna fisheries from US$60 million in 2010 to more than US$240 million last year. The PNA allocates 50,000 fishing days a year to tuna boats, with demand high from both international and local operators. Read more here 08:28
Showdown looms for lucrative Western Pacific tuna industry
The future of the world’s largest tuna fishery will be decided at a meeting in Australia this week, with Pacific island nations demanding tighter controls on a catch now worth US$7.0 billion a year. A record 2.65 million tonnes of tuna was hauled from the Pacific last year, accounting for 60 percent of the global catch, with most of the fishing conducted by so-called “distant water” fleets from as far afield as Europe, the United States, China, Korea and Taiwan. Island nations, many of which rely on tuna for a significant portion of their income, fear stocks are becoming unsustainable and want action at the December 2-6 meeting of the Western and Central Pacific Fisheries Commission (WCPFC) in Cairns. [email protected] 08:16
