The position includes a call for a reduction in catches for bigeye tuna in the region, which is being overfished. ISSF also advocates for a catch limit, determined by each species’ stock evaluation and productivity, placed on the amount of north Pacific albacore, yellowfin and skipjack taken by vessels in the region.
In order to meet the requirements outlined in the Antigua Convention, ISSF urges IATTC to establish stock-specific reference points; recommending that the IATTC set interim reference points, much like the Indian Ocean Tuna Commission did, which can be evaluated further by the staff for expected performance under various harvest control rules. RFMO members should also agree to a performance review, to be completed prior the next IATTC annual meeting. The review should assess the performance of the individual members as well as the collective organisation.
In an effort to promote capacity limitations, ISSF has called upon the IATTC and its members to address all ambiguities associated with its Regional Vessel Register to ensure the total amount of well capacity is limited to maintain a level that matches the productivity of the eastern Pacific’s tuna stocks. In addition, the IATTC should effectively limit the capacity of gears other than purse seine.
Other improvements supported in the ISSF position statement include the development of a regional FAD management plan through FAD data gathering, along with sharing the results of current and future research on FAD construction and bycatch mitigation. ISSF also called on all RFMOs to adopt measures to mandate that fins remain naturally attached for any sharks retained onboard, and to adopt a prohibition on deliberate purse seine setting around whale sharks.
Full retention of catch is also highlighted in the position statement along with a similar measure for the full retention of all bycatch by purse seine vessels, except where otherwise prohibited by IATTC or national regulations, or where the animal can be released alive. These measures are also supported by ISSF Conservation Measures.
EU Fisheries Commissioner Maria Damanaki commented: "It is paramount for members of the supply chain to have tools for monitoring the situation and engaging actively in improvements to source fisheries."
She added: "We all have the responsibility to ensure fish stocks long-term sustainability. Within this objective it is necessary to keep fisheries impacts within sustainable bounds, by including all knowledge we have about the interactions between fisheries and marine ecosystems".
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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