RT Visegrád 24 (@visegrad24)Chinese fishing vessels arriving off the Peruvian coast to clear the local waters from as much fish and marine life as possible🇨🇳🇵🇪 https://t.co/c1GSr5yd34 ...

Falkland Islands-based Fortuna has acquired Ocean Fish Group, marking its foray into the UK fishing sector. The financial terms of the deal were not disclosed. Fortuna is the quota holder for Loligo and Illex squid, finfish and Patagonian toothfish. The company recently secured exclusive lobster fishing rights in Tristan da Cunha from 2027. James Wallace, the managing director of Fortuna, said: “This is a significant acquisition for Fortuna which builds on our strengths as a company, helps further dive ...

Core Insights - Fishing pressure in the Mediterranean and Black Sea has significantly decreased over the past decade, indicating a positive trend in fishery management [1] - Despite the reduction in fishing pressure, over half of the assessed fish populations are still classified as overfished, highlighting ongoing sustainability challenges [1] - Climate change poses increasing threats to marine ecosystems, further complicating the recovery of fish populations [1] Industry Summary - The U.N. food agency's report emphasizes the need for continued efforts in fishery management to address overfishing and promote sustainable practices [1] - The report suggests that while progress has been made, the industry must remain vigilant against climate-related impacts that could undermine fish population recovery [1]