Chinese fishing vessels enter Peruvian ports, raising concerns in industry

A vessel has raised concerns about sustainable fishing practices and the need for stricter enforcement of Peruvian fisheries regulations after traveling over 2,500 nautical miles in 10 days. Peru’s production ministry introduced new regulations in September requiring foreign vessels to install Peru’s satellite monitoring system, but the vessel, along with other foreign fleets, has refused to comply. The fishing industry is also grappling with challenges of stagnation, high raw material costs, and a lack of international competitiveness, with squid production expected to decline significantly this year.