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Thursday, May 14, 2009

Mozambique Loses Millions To Illegal Shark Fishing

Mozambique Loses Millions To Illegal Shark Fishing
May 14, 2009 11:18 AM, Bernama.com

MAPUTO, May 14 (Bernama) -- The Mozambican state has been losing millions of US dollars because of illegal shark fishing by foreign vessels in the country's waters, the Mozambican news agency (AIM) said quoting a report in Wednesday's issue of the Maputo daily "Noticias".

The illegal vessels mostly come from Tanzania and operate in the waters off the coat of Memba and Nacala districts, in the northern province of Nampula. The local maritime administration currently lacks the resources to inspect the coastal waters effectively.

A kilo of shark fins is sold for about US$750 in the international market, but fetches much higher prices in the Asian shops and restaurants where it is regarded as a delicacy.

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