Vila Times

Fiji’s biggest fishing company may close its operations

Fiji’s biggest fishing company may close its operations
Fiji’s biggest fishing company may close its operations
Vila Times’s Mobile Application

The head of Fiji’s biggest local fishing company says he is going to close their entire long line fishing operation.

Grahame Southwick, CEO of Fiji Fish Marketing, has told Pacific Beat overseas fishing boats, many of them state subsidised vessels from China, have so depleted fish numbers that it’s no longer economic to try to catch them.

He’s been warning for years about the effect of foreign fishing operations in the Pacific, and in 2014 he said his company was abandoning tuna altogether in favour of other species such as mahi-mahi, but he says even that hasn’t worked.

“We can not continue to take the losses. The prospects in the future are looking probably worse, as fuel prices increase now and catching continues to drop. So we will seriously think of shutting the whole operation down,” Grahame Southwick said.

Add comment

error: Content is protected!