A limit on fishing days has been set for 2013 by the eight-member Parties to the Nauru Agreement (PNA), which control the open waters where 70 per cent of the
PNA has established a limit of about 50,000 days for fishing this year, Radio New Zealand International reports.
"PNA will likely be out of fishing days by October. Some parties will have to close their EEZs (exclusive economic zones)," Marshall Islands Fisheries Director Glen Joseph predicted based on the fishing intensity so far this year.
Since PNA manages the skipjack industry through a "vessel day scheme," which divides the days among the members, when one country reaches its limit, it must either close its fishing grounds or trade for extra days from another PNA member country, the latter of which would allow the country in question to reopen its waters for fishing, Marianas Variety reports.
This relatively new scheme worked in 2011 for the
This year, the pressure from US, Asian and European fleets for tuna fishing days will be heavy. However, if commercial fishers use up their allotted days in the first six-to-eight months of 2013, there may be no fishing days left at all and the fishery will be closed, Joseph said.
"It is the nature of the situation," he commented. "We’ve agreed to apply limits and we have to maintain these limits — not only for the integrity of the VDS, but also for the compliance that is expected of us in the region and by the international community."
The PNA consists of
(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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