$6.4 million for Nicaraguan fisheries sector

The financing is coming from loans obtained from the World Bank and Alba Caruna, for the modernization of the fishing sector.

Friday, January 9, 2009

According to elnuevodiario.com.ni "the objective of the program is to improve security conditions throughout each step in the fishing process, and hence loans will be made available to fishermen who are members of cooperatives or who work individually.

As a part of the security program, each boat will be required to have a satellite system to that they can be located at all times.

More on this topic

Problems in Fisheries Sector in Costa Rica

January 2014

Fishermen are calling for attention from the national authorities over the recovery of the activity which is now mostly performed by foreign companies.

They are asking the next government to seek solutions to the difficulties they face by dealing with illegal fishing and promoting financing options, among other things.

Costa Rica to Control Fishing via Satellite

January 2010

Authorities intend to monitor fishing boats via GPS devices.

The initiative is part of a program fostering responsible fishing, and could be implemented in the first half of 2010.

"Sector authorities want fishermen to adhere to the program by reaching an agreement between all involved parties. If this is not possible, the program will be made compulsory via an executive decree", reported Nacion.com.

$2.2 Million for the Central American Fishing Sector

February 2009

Governments of the region signed two regional aid covenants with The Billfish Foundation and OSPESCA to benefit the fishing sector.

The website of El Nuevo Diario reports: "The first signed approval of cooperation is for $ 1.5 million designated to protect Marlins in the Atlantic and Pacific oceans, to do more sustainable commercial fishing and to incentive sporting fishing to be carried out in a more responsible manner."

Panama to Realize Satellite Control on Fishing

February 2009

Starting on March 17th, fishing vessels must install a radar system that will enable them to be located and tracked by ARAP.

Prensa.com reports in their website: "Industrial vessels will have to have an incorporated radar, which will permit open communication with the Panama Authority of Aquatic Resources (ARAP) in order to obtain better control of fishing in common and territorial waters.

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