It gets a bit depressing - but when does it end??
The Pacific ocean hasn't got enough fish to feed all of China. The fish processing plant built 5-6 yrs ago by the Chinese never opened. No environmental consent and strong local opposition. Rusted for 5 yrs, Then suddenly opened last yr. Still no environmental consent.
The Vtu Govt gets a princely total of 5% of the tuna export - they expect to land 40T /week. Never mind the headline number - doesn't make sense, They have opened a shop in town to sell the longline by- catch - mahi/wahoo/marlin. Only interested in exporting Y/F. The chinese guy now has permission to increase his boats from 5-6 to 60.
In some ways an unintended consequence of a no-tax regime. They miss out on 30% of hundred of $M /yr, so take the 5% on the fish stock. More fish caught = more 5%. If you were planning a charter - sooner would be better than later.
Regards
Alan
