South Pacific ‘Free-for-All’ Decimating Fish Stocks, Report Says

Years of lax oversight, corruption, and political rivalry have allowed industrial fishing fleets from Asia, Europe, and Latin America to decimate fish stocks across the southern Pacific, a “free-for-all” that has pushed one
Peru Fish Meal Factory
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A Peruvian fishmeal factory
critical species to the brink, according to a new report by the International Consortium of Investigative Journalists (ICIJ). With governments ignoring the threat of overfishing and heavily subsidizing the fishing industry, fleets have plundered the waters off Chile and Peru and have fished heavily right up to protected Antarctic waters. Stocks of jack mackerel — an oily fish that is a staple in Africa and a vital component in fishmeal for aquaculture — have declined by more than 90 percent, from an estimated 30 million metric tons to less than 3 million metric tons, in just two decades. According to Daniel Pauly, an oceanographer at the University of British Columbia, the jack mackerel decline could portend a collapse in fisheries worldwide.