More than 75 percent of all fisheries are either fully exploited or heading for oblivion, according to a U.N. Food and Agriculture Organisation report last year. The total global fish catch has stalled for decades despite far more sophisticated fish-finding technology - airplanes and satellites - and fish-catching equipment.
Around the world, recreational fisheries contribute significantly to annual Geographic Domestic
Product. For example in Canada, New Zealand, and Argentina annual economic
benefits in 2005 reached near 2 billion US$, 800 million US$, and 150 million US$, respectively
(Servicio Nacional de Turismo, SERNATUR, 2005a). In Chile, annual economic
benefits from recreational fishing have been estimated to range from 10 to 15 million US$
In reality, when fish are more plentiful and thus easier to catch, fishers don't have to spend as much on fuel and other costs to fill their nets, resulting in higher profits. The researchers tested their theory on four different fisheries by plotting revenue and profit curves against fish biomass. In all cases, letting a stock rebuild was far more profitable than continuing to fish until little was left.
Illegal, unreported and unregulated (IUU) fishing
is estimated to be worth between $10bn and
$23bn per year and poses a real threat to the
sustainable management of regional fisheries, not
only through direct depletion of stocks, but also by
undermining the competitiveness of legal fishing
efforts, driving the whole industry towards noncompliance.
There is an increasing requirement for traceability of fish and fish products, both for
consumer protection and for regulatory enforcement, in particular with respect to
illegal, unreported and unregulated (IUU) fishing. IUU fishing is a serious global
problem and one of the main impediments to the achievement of sustainable world
Fishing boats are thought to target smaller species only once the big, predatory ones are fished out. In the 1990s, Daniel Pauly of the University of British Columbia in Vancouver, Canada, calculated how high up the food chain the boats' catches were on average, and found that this mean trophic level (MTL) was falling. The MTL has since been adopted by the UN Convention on Biological Diversity as its main measure of ocean biodiversity
In the late
1800s steam-power ships, along with mechanized fishing techniques and refrigeration,
enabled development of the large-scale industrial fisheries that still exist today. Over
the past 100 years, the global level of fishing has expanded continuously, a trend
disrupted only briefly during the two world wars. After World War II, the intensity of
commercial fishing dramatically increased.
In the Middle Ages, with the development of better preservation techniques (e.g.,
drying, smoking, and salting) and improved transportation, commercial fishing began
shifting from local, small-scale activities to commercial, large-scale enterprises. Boat
design and construction advanced, along with corresponding improvements in fishing
gear and preservation techniques, especially the advent of canning. Canning
represented a particularly important advancement because it permitted long-term
storage and large-scale distribution of fisheries products.
The fishing industry has come a long way since fishing was first started. No longer are people catching one fish at a time, they are using methods to catch thousands of pounds of fish at once, using advanced technology to direct them towards the fish and are making this into a million dollar industry each and every year, as well as introducing many to fishing for the first time.
The fishing industry is one that has seen many increases in demand. The fishing industry is referring to those that fish for sport, those that fish for leisure, and even those that are fishing for their paychecks. It is also comprised of those companies that process the fish, harvesting fish, or even the marketing of fish.