Fishing Industry

Topics: Overfishing, Fish, Fishing industry Pages: 3 (1011 words) Published: May 11, 2010
The world’s fisheries are a huge resource that our society has overused and therefore, has caused a decline in fish stocks, which has lead to a world fishery crisis. Fish have been a vital resource for many years and are essential to the lifestyles of many people. It is also a huge economic industry for many countries. Over the past decade, fish stocks have been exploited and we have witnessed a huge decline; fish farms were created as an alternative. The fishing industry is a multibillion-dollar industry and has now created empty nets due to years of overfishing, exploitation, and inhumane fishing techniques. Overfishing is a non-sustainable use of the oceans caused by a degradation of the system due to catching too many fish for the system to support. When too many fish are caught, they cannot sustain their population, which leads to there being no more fish to be caught. Overfishing is caused because of fishing fleets worldwide that are three times larger than needed to sustain our population. “Over 25% of all the world's fish stocks are either overexploited or depleted. Another 52% is fully exploited; these are in imminent danger of overexploitation (maximum sustainable production level) and collapse. Thus a total of almost 80% of the world's fisheries are fully exploited, depleted, or in a state of collapse. Worldwide about 90% of the stocks of large predatory fish stocks are already gone.” ( An example of overfishing is the collapse of the cod fishing industry in Newfoundland in 1992, which collapsed due to the mismanagement of overfishing and fisheries. This lead to the loss of over 40,000 jobs and had a devastating effect on the economy. The cod fishing industry in Newfoundland is still recovering today and will probably never be the same as it once used to be.“The reality of modern fishing is that the industry is dominated by fishing vessels that far out-match nature's ability to replenish fish. Giant ships using...
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