Rising fuel costs may force one-third of ocean-going long-line tuna fishing boats across the world to halt operations, an industry group said yesterday.
About 140 boats from Taiwan, China, South Korea, Fiji and elsewhere are already standing idle at port, said Yuichiro Harada, managing director at the Tokyo-based Organization for the Promotion of Responsible Tuna Fisheries.
“Another 260 boats are considering suspending operations, bringing the total number to about 400” out of 1,174 boats operated by members of the organization, Harada said.
“The more you operate, the more money you lose” because of high fuel costs, he said, adding that a typical Japanese boat would lose ¥100,000 (US$970) in one day of long-line open-ocean fishing.
How long the boats might stay in port for could vary from region to region and depend on whether fuel prices cool, he said.
The organization groups long-line open-ocean tuna fishing boats from Japan, Taiwan, South Korea, the Philippines, Indonesia, China, Equador, Seychelles, Fiji and Vanuatu. Most operators of such ships worldwide are members.
The halt is bound to cause a shortage in raw tuna meat used for Japan’s beloved sashimi, the organization said.
While regretting the looming shortage, Harada blamed speculative investment for pushing up oil prices.
“It is a very big problem for the food industry that it is affected by speculation,” he said.
Authorities have detained three former Taiwan Semiconductor Manufacturing Co (TMSC, 台積電) employees on suspicion of compromising classified technology used in making 2-nanometer chips, the Taiwan High Prosecutors’ Office said yesterday. Prosecutors are holding a former TSMC engineer surnamed Chen (陳) and two recently sacked TSMC engineers, including one person surnamed Wu (吳) in detention with restricted communication, following an investigation launched on July 25, a statement said. The announcement came a day after Nikkei Asia reported on the technology theft in an exclusive story, saying TSMC had fired two workers for contravening data rules on advanced chipmaking technology. Two-nanometer wafers are the most
Tsunami waves were possible in three areas of Kamchatka in Russia’s Far East, the Russian Ministry for Emergency Services said yesterday after a magnitude 7.0 earthquake hit the nearby Kuril Islands. “The expected wave heights are low, but you must still move away from the shore,” the ministry said on the Telegram messaging app, after the latest seismic activity in the area. However, the Pacific Tsunami Warning System in Hawaii said there was no tsunami warning after the quake. The Russian tsunami alert was later canceled. Overnight, the Krasheninnikov volcano in Kamchatka erupted for the first time in 600 years, Russia’s RIA
CHINA’s BULLYING: The former British prime minister said that he believes ‘Taiwan can and will’ protect its freedom and democracy, as its people are lovers of liberty Former British prime minister Boris Johnson yesterday said Western nations should have the courage to stand with and deepen their economic partnerships with Taiwan in the face of China’s intensified pressure. He made the remarks at the ninth Ketagalan Forum: 2025 Indo-Pacific Security Dialogue hosted by the Ministry of Foreign Affairs and the Prospect Foundation in Taipei. Johnson, who is visiting Taiwan for the first time, said he had seen Taiwan’s coastline on a screen on his indoor bicycle, but wanted to learn more about the nation, including its artificial intelligence (AI) development, the key technology of the 21st century. Calling himself an
South Korea yesterday said that it was removing loudspeakers used to blare K-pop and news reports to North Korea, as the new administration in Seoul tries to ease tensions with its bellicose neighbor. The nations, still technically at war, had already halted propaganda broadcasts along the demilitarized zone, Seoul’s military said in June after the election of South Korean President Lee Jae-myung. It said in June that Pyongyang stopped transmitting bizarre, unsettling noises along the border that had become a major nuisance for South Korean residents, a day after South Korea’s loudspeakers fell silent. “Starting today, the military has begun removing the loudspeakers,”
RSS