The EU estimates some 70 fishing vessels operate illegally out of Tanzania, costing the national economy a fortune in lost revenue, reports IPP Media

Tanzania to curb illegal fishing
IPP Media
25 September 2008

Tanzania is reported to be losing a fortune to illegal fishing every year and European Union sources estimate that some 70 ships are operating illegally, targeting tuna, kingfish, lobsters and prawns.

One of the ships reportedly does not even have a licence, despite the newly introduced regulations by the ministry of natural resources and tourism aimed at protecting Tanzania`s dwindling fish stocks.

A licence costs some USD18,000 a year, which some experts say is very low, when a medium-sized tuna sells for about USD5. Legal foreign trawlers catch between 4-5,000 tons of tuna per day.

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