Falklands' Loligo squid licenses prices climb 12% for the coming season beginning 26 February

As the vessels catching Loligo squid leave Spain for the Falkland Islands, a leading newspaper from Vigo, closely linked to the Galician fishing industry lobby, El Faro de Vigo, praises the management of the Falklands fisheries, and catch results, but also complains about the cost of licenses, particularly since Falklands' Loligo entering the European Union is subject to tariffs. The piece on Falklands fisheries follows, The Loligo squid fishery in Falkland Islands waters is considered to be one of the best examples of fisheries management in the world, in which the government and the fleet vessels collaborate. For years, the resource has been stable, rarely offering less than 40,000 tons caught in two annual campaigns. The fishing is done by vessels operating from Vigo and Marín, Spain, belonging to joint ventures formed by Galician and Islands' ship owners, which have been experiencing a good moment since 2017 in terms of the economic performance of a species that mainly feeds ...