Research and Markets: Updated 2012 Report on the $100 Billion US Commercial Fishing Industry

January 16, 2013 National

The US commercial fishing industry includes about 2,000 companies with combined annual revenue of more than $4 billion. No major companies dominate the industry, which is highly fragmented. Global exports and imports of seafood products each total about $100 billion. Japan, the US, and the EU are the major markets for seafood. Seafood consumption and international trade are expected to grow modestly as the global economy recovers and consumer expenditures increase. The commercial fishing industry includes the wild catching of finfish, shellfish, and other marine products from their natural habitat. Seafood processing and distribution and fish farming (aquaculture) are covered in separate industry profiles. Read more Commercial Fishing

Report on the $100 Billion US Commercial Fishing Industry

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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