The impact of the IUU Regulation on seafood trade flows

How has the EU action against illegal fishing changed our seafood trade flows? And what do these trade patterns tell us? Ten years after the adoption of the EU IUU Regulation, a new report examines how the EU’s carding system has impacted the flow of seafood products into and within the EU Source: EJF, Oceana, … Read more

Global insurers unite to cut financial lifeline to pirate fishing

Leading insurers from around the world comitted to take action on pirate fishing, an unlawful practice that costs the global economy tens of billions of dollars in losses every year and contributes to overfishing and the destruction of vital marine habitats and ecosystems. Oceana and UN Environment’s Principles for Sustainable Insurance Initiative (PSI) facilitated the … Read more

Global insurers unite to cut financial lifeline to pirate fishing

St. Julian’s, Malta—Leading insurers from around the world have committed to take action on pirate fishing, an unlawful practice that costs the global economy tens of billions of dollars in losses every year and contributes to overfishing and the destruction of vital marine habitats and ecosystems. Allianz Global Corporate & Specialty, AXA, Generali, Hanseatic Underwriters … Read more

Two Notorious Black-listed Fishing Vessels Ready to Resume Operations After Spanish Court Rule: Chinese company compensated €700k for illegally-caught fish

The Spanish National Court has ordered the payment of 700,000 Euros to a Chinese company in compensation for a cargo of illegally-caught Patagonian toothfish that was seized in Vietnam last year from a vessel owned by a Spanish fishing syndicate. Two other fishing boats from the same owners are now preparing to set sail after … Read more

Fishing the Boundaries of Law

The sustainability of fisheries is crucial for the livelihoods, food security and nutrition of billions of people. Fish is one of the most traded commodities globally, however, many of the world’s fisheries are in trouble. A large number of fish populations are fully fished or overfished and the global seafood supply is severely threatened, however, … Read more

Marine Insurance and IUU Fishing: Questions and answers

OCEANA IS MOBILISING THE GLOBAL MARINE INSURANCE INDUSTRY IN TAKING ACTION AGAINST ILLEGAL, UNREPORTED AND UNREGULATED (IUU) FISHING. Read and sign the statement: Assisting ocean stewardship through marine insurance: The insurance industry’s statement against illegal, unreported and unregulated (IUU fishing) In the coming months and years, Oceana is hoping to engage in open dialogue with insurers, working with them to develop … Read more

EU’s external fishing fleet to become the most transparent, accountable and sustainable globally following legal reform

Yesterday’s agreement by EU bodies on a new regulation governing the European Union’s extensive external fishing fleet is a momentous step towards building sustainable fisheries globally and deserves wholehearted praise. After almost two years of negotiations, the European Commission, the Parliament and the Council of Fisheries Ministers have agreed on a new legal framework to … Read more

EU’s external fishing fleet to become the most transparent, accountable and sustainable globally following legal reform

Oceana, Environmental Justice Foundation and WWF have welcomed a new regulation announced yesterday governing the European Union’s extensive external fishing fleet, which operates across the globe and is responsible for 28% of the EU’s total fish catches. After almost two years of negotiations, more than 23,000 vessels will need to follow the same sustainability standards, … Read more

EU’s external fishing fleet to become the most transparent, accountable and sustainable globally following legal reform

Yesterday’s agreement by EU bodies on a new regulation governing the European Union’s extensive external fishing fleet is a momentous step towards building sustainable fisheries globally and deserves wholehearted praise. After almost two years of negotiations, the European Commission, the Parliament and the Council of Fisheries Ministers have agreed on a new legal framework to … Read more