Marine insurance companies can be key actors in the fight against IUU fishing

On 17 December 2020, Oceana hosted an online workshop with the purpose of discussing progress made by the marine insurance industry in adopting best practices to fight illegal, unreported and unregulated (IUU) fishing — a devastating practice that is damaging the health of the ocean worldwide. Insurance companies can play a key role in helping … Read more

World’s largest maritime ships database joins fight against pirate fishing

IHS Markit’s extensive Sea-web database now highlights vessels with ties to illegal, unreported and unregulated fishing This advancement was facilitated through a collaboration between IHS Markit and the non-profit organisations Oceana and Trygg Mat Tracking (TMT) Effective January, leading global business information provider IHS Markit will add information on illegal, unreported and unregulated (IUU) fishing … Read more

Experts highlight the need to stop insuring and financing activities that harm the ocean

A new paper, commissioned by the High Level Panel for a Sustainable Ocean Economy, outlines key actions that can be taken by public and private sectors to transition towards a sustainable ocean economy. Highlighted among these actions, is the need to stop insuring and financing non-compliant activities that are significantly harmful, such as illegal, unreported … Read more

Turning the Tide on EU Seas with Green Recovery

The paper dives into examples of investment opportunities in an effort to illustrate how a green recovery for the oceans is possible, for instance by: Actively restoring marine ecosystems, such as rebuilding oyster reefs and fish passages in coastal dams — This can stimulate economic activities in sectors such as marine construction while increasing fish … Read more

Oceana: EU’s last chance to fulfil the law and stop overfishing

On 16-17 December, the Agriculture and Fisheries Council of the EU (“Agrifish”) will decide on  fishing limits in EU Atlantic waters and the North Sea for 2020. For the first time, measures will be approved for Western Mediterranean waters as well. Oceana urges ministers to meet this final extension of the legal deadline to stop … Read more