The Solomon Islands tuna fishery : realizing better returns

Lefoto'o-Kaua, Linda. (2006). The Solomon Islands tuna fishery : realizing better returns Master's Thesis, School of Economics, The University of Queensland.

       
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Author Lefoto'o-Kaua, Linda.
Thesis Title The Solomon Islands tuna fishery : realizing better returns
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 2006
Thesis type Master's Thesis
Total pages 79
Language eng
Subjects 14 Economics
Formatted abstract Despite the Solomon Islands tuna fishery being one of the fisheries in the Pacific with the longest history and being one of the richest fishing grounds, there have been concerns that the government, the people and the domestic operators have not been able to fully realise the benefits. The government has been collecting revenue from this fishery in the form of licences and other fees but these are known to be one of the lowest in the region. This raises the need to place more priority on this fishery so that better returns are realised. The people who own bait fishing grounds feel that they have not received a satisfactory return from this industry. Furthermore, those in the rural communities think that they have not been benefiting from the funds the government has been collecting from the foreign vessels and the domestic operators.

There has been growing demand for tuna fish in the Solomon Islands and abroad but the lack of capacity experienced by one of the major domestic operators inhibits its ability to meet the demand for its products and at the same time experience better financial returns. The pole and line fishery compared to the purse seine fishery is struggling to remain viable especially when purse seine vessels are able to catch more skipjack and yellowfin for canning at lower cost compared to pole and line vessels. The major domestic pole and line operator needs the assistance of the government to increase its capacity. Furthermore, the sustainability of the tuna fishery in the long term requires the cooperation of the government of Pacific Island Countries and multinational organisations.

 
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Created: Fri, 08 Oct 2010, 15:35:26 EST by Muhammad Noman Ali on behalf of Social Sciences and Humanities Library Service