Tuna fishing in Seychelles: Opagac concerned about catch limits and high operating costs

Published 2022년 12월 20일

Tridge summary

The Organisation of Associated Producers of Large Tuna Freezers (OPAGAC) has expressed concern over the future of yellowfin tuna catch limits and high operating costs in the Indian Ocean. The deputy manager of OPAGAC, Miguel Herrera, highlighted the potential worsening of the situation if the Indian Ocean Tuna Commission (IOTC) imposes more restrictive measures, as the yellowfin tuna stock is currently the most overfished in the world. The war in Ukraine has led to global economic disruption and high inflation, increasing operating costs for purse seiners without a corresponding increase in tuna prices. OPAGAC represents the interests of Spanish seiners in Seychelles, and the industry is currently facing challenges that are expected to impact the economy of the countries where the fleet is based.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Yellowfin tuna catch limits and high operating costs are not a good recipe for the future, said a senior official of the Organisation of Associated Producers of Large Tuna Freezers (OPAGAC). The statement was made by the deputy manager of OPAGAC, Miguel Herrera, in an interview with SNA, who added that there is a possibility of the situation worsening should the Indian Ocean Tuna Commission (IOTC) decide to take more restrictive measures. Yellowfin tuna in the Indian Ocean is currently the most overfished tuna stock in the world. In 2016, the IOTC adopted a resolution reducing the fishing allowance of the species by 15 percent to help rebuild the population. The OPAGAC-AGAC group represents the interests of Spanish six seiners out of the 13 seiners registered in Seychelles. "While we are happy that the height of the COVID-19 crisis is over, we must report that the future does not look bright," he added. The group expected operating costs to reduce in 2022, but this was not the ...
Source: All Africa

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