Illegal, unregulated and unreported fishing (known as IUU fishing) is a major global problem which undermines the international community’s efforts to protect oceans for a sustainable future.
Estimated to be worth some $10-23.5 billion annually, IUU fishing damages the livelihoods of legitimate fishing operations and communities. In some parts of the world, total catches are estimated to be up to 40% higher than reported catches. Such levels of exploitation severely hamper the sustainable management of the marine ecosystem. IUU fishing covers a wide range of activities: non-compliance with regulations, non-reporting of catch, unregulated activity in high seas waters, and “fish piracy” – fishing without licences.