Oceana is calling out insurance company Carina to cancel covering the Cape Flower, a fishing vessel that was added in November 2017 to an official intergovernmental blacklist of ships that the South East Atlantic Fisheries Organisation (SEAFO) determined have engaged in illegal, unreported and unregulated (IUU) fishing. The internationally blacklisted pirate fishing vessel is currently … Read more
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
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
At an upcoming OECD conference on combating crime in the fisheries sector, Oceana will be launching a project aimed at mobilising the global marine insurance industry in taking action against illegal, unreported, and unregulated (IUU) fishing. Recently published research has revealed that IUU fishing vessel operators are able to purchase insurance coverage for their blacklisted … Read more
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We have already protected nearly 4 million square miles of ocean and innumerable sea life - but there is still more to be done.
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