The good news was released by the Scientific Committee of the International Commission for the Conservation of Atlantic Tunas (ICCAT) in the latest report published by this organization.
The paper estimates that the bluefin tuna spawning stock again approaches and even exceeds 300,000 tonnes that had been reached between the late '50s and early '70s, and that was reduced to about 150,000 tonnes in the first decade of XXI century.
Cepesca claimed the responsibility and the efforts of the Spanish tuna industry to achieve the improvement of this resource status should be acknowledged through compliance with the control measures of the ICCAT Bluefin Tuna Recovery Plan.
In addition, the entity requests the setting of fishing quotas under the same criteria as that in previous years in order to increase them while maintaining the objective of bluefin tuna recovery.
Once the goal is met, Cepesca emphasizes that "it is necessary to also protect the fishers whose lifestyles have been jeopardized, and in many cases they have lost their jobs."
Furthermore, the entity considers it appropriate to keep the current management measures and the fishery control: Fishing ban in the case of under 30 kilo specimens; Temporary fishing constraints; Obligation of having inspectors onboard each boat; Control of fishing effort and all the landings; Control of tuna trade in the markets; Persecution of illegal fishing for this species.
Cepesca Secretary General, Javier Garat, recalled that "since the ICCAT Recovery Plan was launched in 2007, the European seine, longline, rod, hand line and net trap fleets engaged in fishing for bluefin tuna have had their fishing period, capture capabilities and number of ships reduced, with considerable impact on unemployment."
Therefore, at the organization they believe that "it is time to start picking the fruits resulting from the great sacrifice made."
Furthermore, the World Wildlife Fund (WWF) requested efforts should be kept to consolidate the bluefin tuna population recovery.
"We have developed campaigns to save the bluefin tuna for 12 years and it is great news to know this upward trend," said Raul Garcia, the head of Fisheries of WWF Spain.
"However, we need to ensure that this progress is maintained over time, so we can not lower our guard and we must increase efforts. This species management will not be successful overnight," he added.
But while emphasizing that these early positive signs "come from an improvement in the fishery management," he warned that "there remains still a major concern about illegal fishing due to the existing overcapacity and to the control weaknesses."
(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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