RESEARCH REVEALS A FEW COMPANIES ARE TO BLAME FOR A BIG SHARE OF CRIMES AT SEA

On 23 March, a news release from Oceania says that its study has found that one-third of illegal activities at sea in global database can be traced to just 20 companies and 450 industrial vessels out of the tens of thousands of industrial fishing vessels on the ocean.  The study analysed the links between illegal fishing and other maritime crimes like forced labour, drug trafficking, and money laundering, finding fishing-related crime is highly concentrated and sanctions are often inadequate.  It found that at least 33% of all recorded offenses are associated with 450 industrial vessels and 20 companies originating from China, the EU, and tax haven jurisdictions.

https://www.globenewswire.com/news-release/2022/03/23/2408916/0/en/New-Oceana-Supported-Research-Reveals-a-Few-Companies-are-to-Blame-for-a-Big-Share-of-Crimes-at-Sea.html

https://www.science.org/doi/10.1126/sciadv.abj1927

https://www.science.org/doi/epdf/10.1126/sciadv.abj1927

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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