High water temperatures have caused significant damage to abalone and sea squirt farms in the Gyeongnam region of South Korea, leading to the death of 95% of farmed abalones and a decrease in sea squirt supply starting from 2025. This will likely result in a shortage of domestically produced abalones and sea squirts for the next 2-3 years, potentially impacting the income of farmers and leading to increased imports of Japanese sea squirts. The Korea Maritime Institute is monitoring the situation and providing updates on the impact of high water temperatures on marine life.