The association, which represents the interest of service providers to the tuna industry, said the levy of USD 350 per tonne imposed in June last year on foreign fish exported directly from Fiji has led to job losses for locals.
Spokesperson John Lee said the tax was applied without having consulted with service providers. "The fish is caught outside Fiji's waters and is considered foreign," he said, Fiji Times reports.
The government's effort to help the industry failed to take into account the deleterious economic effect the levy would have on service providers.
"Imposing tax on trans-shipment of cargo or fish on an international port is in breach of World Customs Organisation and World Trade Organisation (WTO), of which Fiji's Customs Authority and the government are party. The alternate way this levy could be imposed is through an affordable service fee as mentioned in the budget on the Fisheries segment," Lee continued.
Most fishing boat owners, he noted, were now seeking other countries with which to conduct trans-shipment. Some businesses have had to deal with this shift by laying off workers, he explained.
Grahame Southwick, Fiji Tuna Boat Owners Association spokesperson, said the fisheries authority two years ago started to let foreign fishing vessels based in Fiji to export without the use of Fiji’s processing plants.
"This allowed them to come to the Kings Wharf, and using their own crew, unload the fish directly into containers and ship it out. This meant no fish for all the Fiji processors, and Pacific American Fish Company, Inc (PAFCO) was reduced to three-day weeks, the five Suva processors had empty factories and staff members were laid off,” he said.
His association supports the expansion of the Fiji fleet beyond the exclusive economic zone (EEZ), although Southwick specified that it must be carried out by way of arrangements with neighbouring states or on the high seas – and the expansion arrangements must be for Fiji boats.
Meanwhile, the Fisheries Department has informed that Fiji is evaluating how to lower the number of chartered fishing vessels because “partners” may offer the service at lower costs.
The Fiji Tuna Boat Owners Association has already voiced its concern about the number of licences granted to operators as well as about overfishing, and there have been recent consultations among stakeholders and key players of the fisheries sector over the Tuna Management Development Plan.
(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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