- Commissioner Damanaki visit the Faroe Islands
- 10 ocean technology companies introduce green marine technology
- Rio 2016 to Support MSC and ASC Certified Seafood
- New Fishing Catalogue from Vónin
- NFFO responds to today's government announcement on marine conservation zones
- Chilean mussel fishery gains MSC certification
- Fish fair with new exhibitors and new topics
- Gearing up for Fish Quota negotiations for 2014
- Statement on Greece's decision on fisheries data collection
- The fair in Germany about fish
- Swedish freshwater fishery gains international recognition
- Bristols commersial Fisheries show hailed a great success
- Meeting with Norwegian Minister of Fisheries & Coastal Affairs, Ms Aspaker
- Accessing more quota for small boat fishermen
- Sustainable Seafood Week Germany
US commercial fishing industry report
Research and Market has announced a report on US commercial fishing industry, revealed a media report.
As per the report there are about 2000 companies in the US commercial fishing industry with combined annual revenue of $4 billion. No major companies dominate the industry, which is highly fragmented. The commercial fishing industry includes the wild catching of finfish, shellfish, and other marine products from their natural habitat. Seafood processing and distribution and fish farming (aquaculture) are covered in separate industry profiles.
It is no doubt that the US commercial fishing industry is facing tough competition from imports because demand is driven by domestic trends in fish consumption and imports. The profitability of individual companies depends on maximizing yield without depleting stocks. Industrial fisheries have advantages in fleet size and access to experienced crew members.
The report also states that the revenue of the industry is split between shellfish and finfish. Major shellfish products are crab, shrimp, lobster, and scallops (each with about 10 percent of industry revenue). Major finfish products include Alaskan pollock, salmon, halibut, and cod. The US lands 8 billion pounds of fish and shellfish annually, around 5 percent of the worlds total. The US Exclusive Economic Zone (EEZ), the federal territory that extends 200 miles offshore, accounts for the majority of US landings.
WorldFishingToday d. 01-09-2010