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Fisheries Subsidies from Wealthy Nations Disproportionately Harm Poorer Countries, New Study Finds

WASHINGTON, D.C., April 5 (Korea Bizwire) — New Oceana-supported research, published in Marine Policy, finds harmful fisheries subsidies from wealthy nations like China, Spain, and the United States are disproportionately impacting poorer nations like Guinea-Bissau, Somalia, and Namibia that depend on fish for food security and livelihoods. The paper, which expands on analyses prepared for Oceana’s Transparent Oceans Initiative, [...]

Civil Society Groups Launch Global Charter for Fisheries Transparency at 2023 Our Ocean Conference

PANAMA CITY, Panama, March 2 (Korea Bizwire) – The Coalition for Fisheries Transparency – a new international community of civil society organizations – today launched the Global Charter for Fisheries Transparency. The Charter pinpoints the most essential policy priorities needed to combat fisheries mismanagement, illegal fishing, and human rights abuses at sea. Experts, ministers, and delegates from international organizations [...]

New Research Reveals Shifting Identities of Global Fishing Fleet to Help Bolster Fisheries Management

WASHINGTON, D.C., Jan. 18 (Korea Bizwire) — A new study published today in Science Advances combines a decade’s worth of satellite vessel tracking data with identification information from more than 40 public registries to determine where and when vessels responsible for most of the world’s industrial fishing change their country of registration, a practice known [...]

New Global Fisheries Transparency Coalition Releases Charter for Public Comment

WASHINGTON, Sept. 20 (Korea Bizwire) — Today, the Global Fisheries Transparency Coalition, a new global community of ocean advocates campaigning for increased transparency at sea, released its draft Global Charter for public comment. The ten principles, which address the lack of transparency in vessel information, fishing activity, and fisheries governance and management, pinpoint the most essential transparency priorities [...]

New Collaboration Establishes Joint Analytical Cell in Major Step Forward for Fisheries Monitoring and Enforcement

Washington, D.C., May 31 (Korea Bizwire) — A new collaboration aims to boost equitable access to vital fisheries intelligence, data analysis and capacity building assistance to help developing maritime States combat illegal, unreported and unregulated fishing. Founded by the International Monitoring, Control and Surveillance Network, Global Fishing Watch and TMT, the Joint Analytical Cell, or [...]

S. Korea Seeks to Expand Exports of Fisheries by 30 pct Through 2025

SEOUL, March 2 (Korea Bizwire) – South Korea said Tuesday it plans to expand its exports of fishery products by 30 percent through 2025 in line with its new vision to foster the industry as a new growth engine. Under the five-year blueprint, outbound shipments of fishery products are expected to each US$3 billion in [...]

Sinan County Launches S. Korea’s First Rent-a-Ship Program for Fishermen

SINAN, Dec. 19 (Korea Bizwire) — Sinan County in North Jeolla Province, known for its robust fisheries industry, has begun to rent out fishing boats to young fishermen without the financial capability to purchase their own boat. The county has purchased a number of fishing vessels, and currently rents them out to those in need [...]

Foreign Seasonal Workers Offset Labor Shortage in Agricultural and Fisheries Industry

CHUNCHEON, Dec. 17 (Korea Bizwire) — Foreign workers have soared in number in Gangwon Province following the introduction of the seasonal foreign worker program three years ago. The Bank of Korea (BOK) Gangwon Branch reported that there are currently 13,755 foreign workers in Gangwon Province. Since 2015, the number rose by 19.6 percent with an [...]

S. Korea to Use Big Data to Predict Prices of Agro-fishery Products

SEJONG, Mar. 20 (Korea Bizwire) — South Korea’s state-run agriculture corporation said Tuesday it will use big data and artificial intelligence (AI) to efficiently manage supplies of agricultural and fisheries products. The Korea Agro-Fisheries & Food Corporation (aT) said it will test-run an advanced product management system based on big data and AI this year [...]

Gov’t to Release Fisheries Stock during Fishing Prohibition Period

SEOUL, April 14 (Korea Bizwire) – The government said Friday it will release 6,700 tons of its fisheries stock starting next week to keep prices under control during the fishing prohibition period. The prohibition period began April 1 and will continue to Aug. 11, depending on different types of net fishing. Violators are subject to [...]