illegal fishing News

A coalition of insurance firms agreed on Friday to crack down on pirate fishing by banning coverage for trawlers whose illegal catches are worth at least $10 billion a year. Firms would deny insurance for vessels on a European Union …

Rogue fishing vessels are able to secure insurance even after they have been red-flagged by international watchdogs for unlawful activity, according to research published by the University of British Columbia. “Restricting access to insurance could play a major role in …