Articles Tagged with: IUU
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Feb
13

Investors Prioritize Traceable Seafood as a Way to Combat IUU and Overfishing    

34 investors representing US $5.9 trillion join new initiative to help advance seafood traceability 

Seafood is one of the world’s most highly traded and valuable commodities, with global demand expected to double by 2050. Yet a significant amount of seafood-related assets and revenue – up to US $2.89 trillion over the next 15 years – may be at risk due to overfishing, habitat degradation, nutrient pollution, and disease. These negative impacts can pose significant financial risks to seafood companies – and their investors, lenders, and insurers – by reducing fisheries productivity, increasing supply chain volatility, and causing serious reputational damage.  

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Apr
13

Shining a Light on Seafood Fraud

The last time you ate seafood at a restaurant did you consider that what showed up on your plate may not have been what you ordered? Chances are the potential for seafood fraud never crossed your mind, but it should have.

Seafood fraud is a common and profitable practice that not only compromises retailers, foodservice professionals and consumers, it also threatens our oceans and human health.

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Jul
12

Peruvian Government Cracks Down on Illegal Fishing

Fisheries and farms across the globe support the livelihoods of 59.6 million people who rely on fishing and fishing related activities for income, and about 3.2 billion people who depend on fish as an important part of their diet. But illegal fishing is threatening the food supply of coastal communities as fish populations decline due to overfishing in areas fishers are not permitted to access. Fortunately, in Peru—one of the world’s leading producers of mahi mahi and squid—the government is taking action to clamp down on illegal fishing.

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Dec
10

Download: US IUU Regulation | WWF Fact Sheet

The U.S. government issued new regulations in December 2016 to restrict the import of seafood caught by vessels engaged in illegal, unreported, and unregulated (IUU) fishing.

WWF’s fact sheet on the IUU regulation provides an overview on how the rules are changing, what it means for the seafood industry, and the benefits that companies can expect as a result.

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