Daily List 201
Monday 18 October 2021
Review of the techno-economic performance of the main global fishing fleets.
FAO fisheries and aquaculture technical paper 654.
- Corporate Author:
- Food and Agriculture Organization
- Raymon van Anrooy (editor)
This review of the techno-economic performance of the main global fishing fleets discusses the outcomes from 20 country-level studies of fishing fleets from Africa, Asia, Europe, North and South America. It includes financial, socio-economic and technical information from 103 major (semi-) industrial fishing fleet segments, which are responsible for an estimated 39 percent of marine capture fisheries production worldwide. The analysis of vessel characteristics reveals substantial differences in fishing capacity (in terms of vessel length, tonnage and power) between fleet segments. An increase in the gross tonnage of average vessels was observed in fleet segments also covered in previous reviews. Substantial increases in average length overall and engine power were observed in several Asian fishing fleets. The age structure of the fishing fleets in most regions, except Asia, shows an upward trend. An analysis of the costs and earnings data showed that labour and running costs were the two main cost components for the majority of fleet segments. Ninety-two percent of 97 fleet segments reported a positive net cash flow in the year they were surveyed, in the 2016-2019 period. Net profit margins of 10 percent or more were realized by average fishing vessels in 73 percent of the fleet segments. Returns on investment (ROIs) of 10 percent or higher were realized by 61 percent of the fleet segments. The review also discusses developments in fishing technologies. These developments, along with a general increase in seafood prices, successful fisheries management in some areas, and improved fleet capacity management in Europe and North America, have all contributed to the ongoing, positive financial and economic performance of the main global fishing fleets in recent years
- ISBN: 9789251344705
General Fisheries Commission for the Mediterranean: report of the webinar on the experience of the aquaculture sector through best practices and mitigation measures facing the COVID-19 crisis : 1 July 2020.
FAO fisheries and aquaculture report R1339.
- Corporate Author:
- General Fisheries Commission for the Mediterranean. Food and Agriculture Organization
This report presents the outcomes of the webinar on 'the experience of the aquaculture sector through best practices and mitigation measures facing the COVID-19 crisis' which took place on 1 July 2020 and was conducted over the internet and hosted on the Zoom platform for webinars. It was organized by the General Fisheries Commission for the Mediterranean (GFCM) of the Food and Agriculture Organization of the United Nations (FAO) in cooperation with the Regional Commission for Fisheries (RECOFI). The webinar aimed to address the pandemic's effects on aquaculture production as well as on supply chains, demand, local markets and trade, and to identify best practices and mitigation measures adopted by aquaculture farmers and countries. During the first thematic session, the experts highlighted the difficulties the aquaculture sector faced due to the effects of the COVID-19 pandemic. Furthermore, several mitigation approaches were pointed out: i) specific financial support programmes designed through the European Maritime and Fisheries Fund (EMFF); ii) a strong national aquaculture strategy guaranteeing self-sufficiency along the entire supply chain of shrimp farming in Saudi Arabia; iii) the issuing of subsidies and credit loans in a timely manner to help producers in Turkey; iv) the development of an online platform for fish auctioning to boost fisheries supply chain in Oman; v) companies opening direct communication channels between the government and the farms in the United Arab Emirates; and vi) solidarity between the sector and consumers, which allowed for the achievement of 50 percent of the programmed goals in the fish feed and larval industry in Tunisia. Other points addressed during the second thematic session included specific measures adopted and proposed, such as the focus on different aquaculture final products (e.g. frozen fish) and the establishment of local hatcheries and fish feed factories. The Q/A session which followed concluded the webinar
- ISBN: 9789251342855
Hidden debt: solutions to avert the next financial crisis in South Asia.
- Corporate Author:
- World Bank
- Martin Melecky
- World Bank
The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia's rising debt levels and sizable hidden liabilities. State-owned enterprises, state-owned commercial banks, and public-private partnerships have been at the center of the rising debt wave and the latest pandemic response. Historically, South Asia has relied on these direct public interventions more than other regions. The interventions have helped governments tackle key development challenges and rapidly deliver relief measures during crises. However, because of their inefficiencies and weak governance, the interventions are also a significant source of public indebtedness and macrofinancial risks. Hidden Debt examines the trade-off between tackling development challenges through direct state presence in the market and avoiding unsustainable debt due to economic inefficiencies of such off-balance sheet operations, which greatly leverage public capital. The study recommends a reform agenda based on the four interrelated principles of purpose, incentives, transparency, and accountability (PITA). The reforms can mitigate the risks that ofbalance sheet operations will become the source of the next financial crisis in South Asia
- ISBN: 9781464816673