Tag Archives: flag of convenience
Fears UK fishing industry losing out on £230 million and 2,700 jobs
The number of people employed in the UK fishing industry is officially falling and so too is the quantity of fish being landed in the UK. While prices are up, there is still concern amongst many in the industry about how much value the UK derives from its own fleet and fish quota. Figures exclusively leaked to ITV News show publicly for the first time precisely how little benefit the UK gains from some of its own fishing fleet. Many “British” boats are foreign owned and, as the statistics show, some of these never land a single fish in the UK. Video, click here to read the story 11:25
Foreign ownership of British fishing fleet investigated
Foreign ownership of the British fishing fleet is being investigated by a government agency, ITV News has learned. There has long been a loophole that allows predominately EU crews to fish in British waters. Operating under a “flag of convenience”, foreign owned and crewed trawlers can fish in British waters as long as they visit a UK port twice a year. Even then, they only need to sell a small part of their catch in Britain. Now, the Marine Management Organisation is investigating the practice. Video, click here 12:25
