Financial Transparency Coalition

Illegal fishing is a crime. When crime crosses borders, so must law enforcement. Gunnar Stølsvik, head of the Norwegian national advisory group against organized IUU-fishing, argues that the UN Convention against transnational organized crime (UNTOC) provides a tool that facilitates criminal investigations on illegal fishing. Some estimates suggest that illegal fishing causes annual financial losses of up to USD 23.5 billion globally. It results in a major loss of revenue and the effects on coastal states, and developing countries in particular, can be seen throughout the world. Illegal fishing (or illegal, unreported and unregulated fishing, often referred to as IUU fishing)...

ACCRA – Intelligence picked by The Herald has revealed some shocking underhand dealings involving a fishing company at the Tema Fishing Habour called Free Fisheries Ghana Limited, owned by Olga Popova, a Russian lady.

HOBART: An international request that Malaysia and Singapore take action to ensure their ports are closed to blacklisted fishing vessels which are illegally poaching in Antarctic waters has been applauded by WWF.

FREETOWN – Sierra Leone is closing its international shipping registry to foreign-owned fishing vessels in a move intended to reduce illegal catches in its seas and around the world, the fisheries minister said on Thursday.