Profiling Taiwanese Distant Water Vessel Owners: a missing link for a more ethical fishing supply chain
The distant water fishing industry is crucial for Taiwan, and in the past, the government has supported it through various incentive schemes. However, as the global seafood industry has evolved, with increased international regulations to limit catches for biodiversity reasons, Taiwan’s distant-water fishing industry now faces constraints on the quotas of fish that Taiwanese vessels are allowed to catch. The government of Taiwan has shifted its approach from protecting the fishing industry to incentivising many actors to get out of the industry in order to adjust to the reality of a smaller industry.