scholarly journals The financialisation of the fishing industry

2021 ◽  
Vol 10 (1) ◽  
pp. 65-79
Author(s):  
Federico Martin Palmero ◽  
Fernando Gonz´ález Laxe

Successive technical and organizational innovations have modelled the current structure and composition of the fishing industry. The market structure varies considerably between countries and the fish species they catch. There is a generalised global convergence towards an industrial-outsourced model, in which companies occupy a central and basic position in economic strategies. Two predominant key trends are identified: financialisation and the monopolisation of fishing areas. This paper begins with an analysis of the fishing sector from the perspective of the presence of investment funds that hold stakes in companies specialising in a principal region of Europe.

2019 ◽  
Vol 77 (6) ◽  
pp. 2304-2307 ◽  
Author(s):  
Alf Ring Kleiven ◽  
Even Moland ◽  
U Rashid Sumaila

Abstract Recreational fishing, by both local residents and tourists, is a popular activity globally. The behaviour and motivation of recreational fishers is different from those of commercial fishers. Unlike the latter, the former are not dependent on making profits to continue fishing. Rather, the value of recreational fishing to those who engage in it is a combination of catches and experience values. The latter value implies that recreational fishers might continue fishing when they should not, analogous to the effect of subsidy in the commercial fishing sector. Hence, the term “self-subsidizing”: a fishery as one in which fishers subsidize themselves through an economic investment in gear and time from their non-fishery-based earnings. The consequence of which is that recreational fishers can continue fishing long after the commercial fishing industry has stopped fishing because their operations have become economically unviable. There is reason to argue that in many areas, recreational fishing effort, due to the self-subsidizing mechanism, is sustained at a high rate while stocks decrease. In this contribution, we describe the innate self-subsidizing forces in recreational fishing and discuss their implications.


Author(s):  
Jeremy Hayman ◽  
Danae Anderson ◽  
Felicity Lamm

In 2008 there were approximately 3,500 registered commercial fishing vessels in New Zealand and 2,500 full­time employees working in the industry, a fraction of New Zealand’s two million plus labour force. However, in the Maritime New Zealand’s Annual Report 2000­2001 it was reported that New Zealand’s commercial fishing sector represented a disproportionately high number of maritime fatalities. With the exception of the 2007 fatality figures, the rate of Maritime New Zealand reported fatalities and accidents within the commercial fishing sector have remained fairly static. As a result, there have been a variety of initiatives implemented in this hazardous industry, for example, FishSAFE, and a number of reviews undertaken. However, unlike other sectors, implementing OHS interventions in the fishing industry has to account for a number of unique features such as the employment strata, geographical isolation of job, precariousness of employment, increasingly a diverse workforce and social issues such as substance abuse, and. This paper reports on preliminary findings based on interview data of employers and employees in the New Zealand fishing industry. In particular, it exposes a number of barriers to implementing and maintaining OHS measures, for example, increasingly tight profit margins, time pressures, and confusion around regulatory requirements. The initial findings also indicate that the command and control structure of managing staff in the fishing industry can influence individual and group perception and acceptance of risk. Finally, the paper highlights areas requiring further investigation.


North Sea oil and gas developments have introduced pressures on the fishing industry, on fishing operations, and on the marine ecosystem including commercial fish species. Operational incompatibilities and competition for personnel, facilities on land and space at sea may arise.


2010 ◽  
Vol 38 (6) ◽  
pp. 915-932 ◽  
Author(s):  
Annuska Derks

AbstractCambodian migrant workers in the Thai fishing industry are increasingly portrayed as the new ‘victims of trafficking’ and as ‘sea slaves’ who are ‘forced to fish,’ but are at the same time considered to be unruly and mobile workers who squander their earnings. Instead of being a result of separate migration streams or distinct groups of migrants, this article shows that these contradictions are inherent to the processes in which essentially mobile workers are immobilised at the place of destination. These immobilisation processes take place at different levels and should be understood in relation to the specificities of work in the fishing sector in general as well as the particular (migrant) labour system that has developed in certain sectors of the Thai labour market, leading to the creation of a flexible, disposable workforce that is bound to the work on Thai fishing vessels.


2016 ◽  
Vol 74 (2) ◽  
pp. 487-498 ◽  
Author(s):  
Paz Sampedro ◽  
Raúl Prellezo ◽  
Dorleta García ◽  
José María Da-Rocha ◽  
Santiago Cerviño ◽  
...  

Abstract The purpose of this article is to assess the effectiveness of the collaboration between stakeholders and scientists in the construction of a bio-economic model to simulate management strategies for the fisheries in Iberian Atlantic waters. For 3 years, different stakeholders were involved in a model development study, participating in meetings, surveys and workshops. Participatory modelling involved the definition of objectives and priorities of stakeholders, a qualitative evaluation and validation of the model for use by decision-makers, and an iterative process with the fishing sector to interpret results and introduce new scenarios for numerical simulation. The results showed that the objectives of the participating stakeholders differed. Incorporating objectives into the design of the model and prioritizing them was a challenging task. We showed that the parameterization of the model and the analysis of the scenarios results could be improved by the fishers’ input: e.g. ray and skate stocks were explicitly included in the model; and the behaviour of fleet dynamics proved much more complex than assumed in any traditional modelling approach. Overall, this study demonstrated that stakeholder engagement through dialogue and many interactions was beneficial for both, scientists and the fishing industry. The researchers obtained a final refined model and the fishing industry benefited from participating in a process, which enables them to influence decisions that may affect them directly (to shape) whereas non-participatory processes lead to management strategies being imposed on stakeholders (to be shaped).


2021 ◽  
Vol 10 (1) ◽  
pp. 1
Author(s):  
Aryuni Yuliantiningsih

<span lang="EN-GB">The global fishing industry supports the livelihoods of millions, however, it adversely allows the occurrence of crimes throughout the value chain, especially modern slavery.  This research aims to examine the current existence of slavery in the fishing industry for the state to determine the best way to deal with its repeated occurrence. Studies show that slavery still exists due to the vulnerability of the fishing sector. These include the prolonged timeframe on</span><span lang="EN-GB">board which prevents the crew from leaving the vessel, poor working conditions, the long-hours associated with the catching process, lack of access to authorities, use of foreign flags to create barriers to the law enforcement, use of migrant labour lacking representation and </span><span>the </span><span lang="EN-GB">lack of governmental oversight or support</span><span lang="EN-GB">. This research states that it is important to combat modern slavery by strengthening law enforcement, policy, and international cooperation between States, by involving the </span><span>s</span><span lang="EN-GB">ource, flag, coastal, port, trade and market State</span><span>s</span><span lang="EN-GB"> based on international and national law</span>


1997 ◽  
pp. 91-117
Author(s):  
Julio Polar Hinojosa ◽  

The Alfa group, an industrial conglomerate with activities in the agricultural, mining and textile sectors, has been looking for the opportunity to enter a new sector and market: the fishing industry. Currently, one of his clients has proposed, in exchange for paying off a debt, the sale of Envasadora Centauro, which gives him the opportunity to enter this sector. The packer is dedicated to the manufacture of fishmeal and fish oil, used mainly in animal feed, and has a small share in a stable growth global market. In addition, its financial situation has been weakening and it faces state regulations that complicate increased production. To make the decision whether or not to acquire the bottling company, the Alfa group board is evaluating the current situation of the fishing sector, the fishmeal and fish oil market, as well as the company's strengths and weaknesses.


Author(s):  
Igor V. Bukhtiyarov ◽  
Nina P. Golovkova ◽  
Nikita A. Helkowski-Sergeev ◽  
Nataliya I. Kotova

For preparation to ratification of ILO Convention No 188 “On work in fishing sector” by Russian Federation, the authors analyzed national and foreign data on work conditions, occupational and general diseases, occupational traumatism among fishermen. General theses of the Convention were considered in their correspondence to legislation and regulation basis of RF. Suggestions to improve health preservation system in fishing industry were justified.


2019 ◽  
Vol 77 (6) ◽  
pp. 2285-2294 ◽  
Author(s):  
Daniel K Lew ◽  
Chang K Seung

Abstract Policy makers and stakeholders often desire information on the economic impact of fishing, which is frequently measured through its contribution to the economy using regional economic impact models. The variance of fishery-related economic contribution estimates is seldom calculated but can improve the quality of policy information. In this study, we illustrate a resampling-based approach for calculating standard errors of contribution estimates within a social accounting matrix (SAM) model with inputs calculated from survey data with missing data. We estimate the contribution of the saltwater recreational charter fishing industry in Alaska to the economy for 2011–2013 and 2015. Statistical tests are then conducted to assess differences between estimates across the years. Of the years studied, the total output (sales) from the Alaska saltwater charter fishing industry in Alaska was found to be (statistically) largest in 2011 ($248 million in 2013 dollars) and lowest in the next year, 2012 (about $141 million in 2013 dollars). Subsequently, the total output increased in 2013 and then remained at a statistically similar level in 2015.


Author(s):  
Tara Russell ◽  
Rachel Selwyn ◽  
Katarina Simcisko ◽  
Alexandra Ternosky ◽  
Kai Wong

Anthropocentric activities have led to unsustainable populations of various fish species around the world today. We have increased our cultivation rates to manage our own growing population sizes at the expense of fish species. As a result, fish stocks around the world are in decline and the fishing industry today is pushing them to the point of collapse. Although many people would like to believe that their grocery stores are stocking their shelves with fish from sustainable sources, that is not always the case, and the general population is lacking the knowledge to make informed choices when purchasing fish. We aim to assess the types of fish, their sources, and the information provided to consumers about the fish in grocery stores of the Queen’s student area. We will work closely with Food Basics, Metro, John’s Deli, and Loblaw’s. After assessing these stores we will inform the public on which grocery stores have the best practices, and also inform the stores on ways in which they can change to include information for consumers on the sources and methods of obtaining the fish sold in their stores. We would like to be able to provide the public with labels indicating where the fish was caught, how it was caught, whether it was farmed or fished, and whether it was sustainably sourced. We will implement a consistent format in all of the stores and raise awareness in Kingston about the issues facing the fishing industry and how our choices can impact fish species.


Sign in / Sign up

Export Citation Format

Share Document