To combat IUU fishing, countries such as the Philippines have made the Vessel Monitoring System (VMS) mandatory from the year 2022 under the Philippine Fisheries Code. Sadly, IUU is the challenge facing both the aquaculture and fishing industries.
CHALLENGEĪccording to the Food and Agriculture Organization of the United Nations, trade and seafood consumption reached an all-time record in 2018 and together with it illegal, unreported, and unregulated (aka IUU) fishing occurred which costs around $10 - 23 billion of loss for the economy each year. This has led to the introduction of many fishing restrictions and regulations worldwide, but they need to be monitored and Teltonika Telematics can help. There is clearly a need to preserve aquaculture for present and future generations. Global seafood consumption has more than doubled in the last 50 years, with overfishing, bottom trawling, the use of explosives and a wide range of illegal and/or unauthorised fishing.
