In 2024, the Falkland Islands Fisheries Department (FIFD) decided to postpone the opening of the second Loligo fishing season due to a significant decline in the population, with biomass estimates reaching the lowest since 2008 and falling below the safe stock replenishment threshold of 10,000 tonnes. This decision was made in collaboration with local fishing companies to prevent long-term damage to the population and ensure the sustainability of the fishery. However, this conservation measure is expected to have a negative impact on the fishing industry, causing financial and operational challenges, especially with high fuel prices, inflation, and high borrowing rates. The Falkland Islands Government's commitment to science-based decisions and the fishing industry's collaboration and resilience in facing these challenges were highlighted in the article.