South Korea: The total allowable catch of saury in the North Pacific could be reduced by 25 percent

Published 2023년 4월 3일

Tridge summary

The North Pacific Fisheries Commission (NPFC) has decided to cut the saury catch limit by about 25% over the next two years to help recover the depleting saury resources in the North Pacific. The total allowable catch (TAC) will be reduced from the current level of 198,000 tons to 173,000 tons. This decision aims to balance the declining saury population and is expected to impact member countries, including South Korea, by reducing their saury catch limits. Additionally, the commission has adopted three proposals, including the regulation of the Vessel Monitoring System and climate change as a permanent agenda item. Furthermore, Kim Jeong-rye, head of the Ministry of Maritime Affairs and Fisheries in South Korea, was elected as the vice-chairman of the NPFC.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The total catch of saury in the North Pacific, whose stock conditions have deteriorated sharply over the past few years, will be reduced by about 25%. At the 7th general meeting of the North Pacific Fisheries Commission (NPFC) held in Sapporo, Japan from March 17 to 24, the catch limit for saury in the North Pacific, where the need to reduce catches has been continuously raised due to the rapid deterioration of the stock in the past few years Amendment was discussed as a major agenda item. At this general meeting, the North Pacific Fisheries Commission decided to reduce the total allowable catch (TAC) by about 25% (150,000 tons) from the current level (2021-2022, 198,000 tons) for two years to recover saury resources in the North Pacific high seas. The catches of member countries were also agreed to be uniformly reduced by 25% from the 2021-2022 level. As a result, South Korea's 2023-2024 North Pacific saury catch limit was set at 9,342 tons, a decrease of 3,000 tons from 12,455 ...
Source: Fisheco

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.