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Falkland Islands Fisheries

Managing Falkland Islands fisheries since 1987

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The introduction of a fisheries conservation zone and fisheries management regime in 1986 transformed the economy of the Falkland Islands. Falkland Islands Government (FIG) revenue increased by 500%, securing self sufficiency in all areas except defence and external affairs. Annual revenue from fishing license fees averaged £20 Million for the first 20 years although latterly this has reduced to around £13 Million. The fishery accounts for some 40% of GDP. The Falklands fishery is not large in world terms; total catches are about a third of those taken in the UK for example. However, the fishery is a bit unusual in that in a typical year two species of squid account for 75% of all catches. If you eat calamari in southern Europe there is about a 50% chance it is a Falklands squid!

Whilst the economic impact of the fishery has been transformational the fundamental management objective is the long-term sustainability of fishery resources for the benefit of future generations. This includes not only the commercial target species but also reducing harmful impacts on bycatch species, seabirds, and marine mammals. FIG makes a significant investment in fisheries science and protection to achieve these objectives.

News

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This week, the Falkland Islands Patagonian toothfish fishery was assessed against the standards of the Marine Stewardship Council (MSC) sustainability standards. The MSC certification is a crucial tool to ensure the sustainability of the fishery and to allow the product to be sold in North American and European markets. The Directorate of Natural Resources – Fisheries provided the best available science, input and advice to inform the process, and will continue to assist in the completion of the assessment. The assessors will now score the fishery and prepare a reassessment report for public comment by June 2018.

The Loligo season finished on the 5th October. The total catch of Loligo was 24,101 t.

The next FFLG meeting will be held in the Fisheries Department meeting room on Wednesday, 13th December 2017 at 14:00.

The next Fisheries Committee meeting will be held at the Fisheries Department meeting room on Thursday, 7th December 2017 at 09:00.

Updates of the Weekly Catches and News will be revised every Thursday afternoon.

Weekly catch updates

08/11/2017 - 14/11/2017

Species Total Catch (mt)
Loligo 0
Illex 0
Hakes 6
Toothfish 107
Skate/Ray 28
Rock Cod 4
Red Cod 11
Kingclip 8
Hoki 145
Blue Whiting 5
Others 322

Total

636