Katana VentraIP

Commercial fishing

Commercial fishing is the activity of catching fish and other seafood for commercial profit, mostly from wild fisheries. It provides a large quantity of food to many countries around the world, but those who practice it as an industry must often pursue fish far into the ocean under adverse conditions. Large-scale commercial fishing is called industrial fishing.

The major fishing industries are not only owned by major corporations but by small families as well.[1] In order to adapt to declining fish populations and increased demand, many commercial fishing operations have reduced the sustainability of their harvest by fishing further down the food chain. This raises concern for fishery managers and researchers, who highlight how further they say that for those reasons, the sustainability of the marine ecosystems could be in danger of collapsing.[1]


Commercial fishermen harvest a wide variety of animals. However, a very small number of species support the majority of the world's fisheries; these include herring, cod, anchovy, tuna, flounder, mullet, squid, shrimp, salmon, crab, lobster, oyster and scallops. All except these last four provided a worldwide catch of well over a million tonnes in 1999, with herring and sardines together providing a catch of over 22 million metric tons in 1999. Many other species are fished in smaller numbers.


In 2016, of the 171 million tonnes of fish caught, about 88 percent or over 151 million tonnes were utilized for direct human consumption. This share has increased significantly in recent decades, as it was 67 percent in the 1960s.[2] In 2016, the greatest part of the 12 percent used for non-food purposes (about 20 million tonnes) was reduced to fishmeal and fish oil (74 percent or 15 million tonnes), while the rest (5 million tonnes) was largely utilized as material for direct feeding in aquaculture and raising of livestock and fur animals, in culture (e.g. fry, fingerlings or small adults for ongrowing), as bait, in pharmaceutical uses and for ornamental purposes.[2]

Economics[edit]

The industry, in 2006, also managed to generate over 185 billion dollars in sales and also provide over two million jobs in the United States, according to an economic report released by NOAA's Fisheries Service.[3] Commercial fishing may offer an abundance of jobs, but the pay varies from boat to boat, season to season. Crab fisherman Cade Smith was quoted in an article by Business Week as saying, "There was always a top boat where the crew members raked in $50,000 during the three- to five-day king crab season—or $100,000 for the longer snow crab season".[4] That may be true, but there are also the boats who do not do well; Smith said later in the same article that his worst season left him with a loss of 500 dollars.[4]


The industry has had to adapt through the years in order to keep earning a profit. A study taken on some small family-owned commercial fishing companies showed that they adapted to continue to earn a living but not necessarily make a large profit.[1]


Many people working in commercial fishing are self-employed, with some or all of their pay dependent on the proceeds from the sale of the fish caught. In the UK, the technical term for this is share fisherman,[5] which refers to anyone working without an employment contract, on a boat crewed by more than one person, and relying for their livelihood at least partly on a share of the profits or gross sales of the fishing boat's catch.

Fishing industry

List of canneries

List of harvested aquatic animals by weight

List of seafood companies

Whaling

Sources[edit]

 This article incorporates text from a free content work. Licensed under CC BY-SA 3.0 IGO (license statement/permission). Text taken from In brief, The State of World Fisheries and Aquaculture, 2018​, FAO, FAO.

WorldFishingToday.com Internet site for and about the commercial fishing