Concern in fishing due to the pandemic, Brexit and the limits of the Mediterranean

Published 2020년 9월 27일

Tridge summary

The COVID-19 pandemic is having a significant impact on the fish and seafood industry, with concerns about economic downturns, decreased consumption, and challenges for crew members on ships. Hotel closures have led to drops in prices for numerous species, particularly those reliant on the hospitality industry. There is also worry about the upcoming Christmas campaign and potential further restrictions that could affect sales. The sector is advocating for lower VAT rates on fish and is facing issues with a new order limiting fishing days in the Mediterranean. Additionally, the industry is dealing with problems such as the abundance of bluefin tuna, invasive algae in the Strait, and is monitoring negotiations for Brexit and the future of the European Maritime and Fisheries Fund.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Shipowners, brotherhoods and fishmongers show, in statements to Efeagro, their concern about the effect of COVID19 on the economy and consumption, which has already been reflected in price drops of numerous species due to hotel closings. Another consequence is the problem of crew members who have been in distant waters for months and who have not been able to be repatriated due to restrictions due to the coronavirus, as is the case with Spanish-flagged ships in Angola or French Polynesia, according to the Secretary General of the Cepesca shipowners' association, Javier Garat. On land, the president of the National Federation of Fisheries Guilds (FNCP), Basilio Otero, affirms that sales in summer were better than expected, after a very negative spring, but if the pandemic advances and with it the closures of hotels and restaurants, prices "are not going to recover." The fleet and the fishmongers (represented by Fedepesca) are already looking with concern at the Christmas campaign - ...
Source: PEefeagro

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