Overfishing is a situation where one or more fish stocks are reduced below predefined levels of acceptance by fishing activities. More precise definitions are provided in biology and bioeconomics. Biological overfishing occurs when fishing mortality has reached a level where the stock biomass has negative marginal growth (slowing down biomass growth), as indicated by the red area in the figure. Economic or bioeconomic overfishing in addition to the biological dynamics takes into consideration the cost of fishing and defines overfishing as a situation of negative marginal growth of resource rent. A more dynamic definition may also include a relevant discount rate and present value of flow of resource rent over all future catches.
Ultimately overfishing may lead to depletion in cases of subsidised fishing, low biological growth rates and critical low biomass levels (e.g. by critical depensation growth properties).
The ability for nature to restore the fisheries is also dependent on whether the ecosystems are still in a state to allow fish numbers to build again. Dramatic changes in species composition may establish other equilibrium energy flows which involve other species compositions than before (ecosystem shift).
The FAO State of World Fisheries and Aquaculture 2004 report estimates that in 2003, of the main fish stocks or groups of resources for which assessment information is available, "approximately one-quarter were overexploited, depleted or recovering from depletion (16%, 7% and 1% respectively) and needed rebuilding."
The threat of overfishing is not limited to the target species only. As trawlers resort to deeper and deeper waters to fill their nets, they have begun to threaten delicate deep-sea ecosystems and the fish that inhabit them, such as the Coelacanth. In the May 15 2003 issue of the journal Nature, it is estimated that 10% of large predatory fish remain compared to levels before commercial fishing. Many fisheries experts, however, consider this claim to be exagerated with respect to tuna populations .
From 1950 (18 million tonnes) to 1969 (56 million tonnes) fishfood production grew by about 5% each year; from 1969 onward production has raised 8% annually. It is expected that this demand will continue to rise, and MariCulture Systems estimated in 2002 that, by 2010, seafood production would have to increase by over 15.5 million tonnes to meet the desire of Earth's growing population. This is likely to further aggravate the problem of overfishing, unless aquaculture technology expands to meet the needs of human population.
Overfishing has depleted fish populations to the point that large scale commercial fishing, on average around the world, is not economially viable without government assistance. By the 1980s, economists estimated that for every $1 earned fishing, $1.77 had to be spent in catching and marketing the fish. Some species' stocks are so depleted that consumers are often unlikely to get the particular species they think they are purchasing, due to a phenomenon called "species substitutions," where less desirable species are labeled and marketed under the names of more expensive ones. For example, genetic analysis shows that approximately 70% of fish sold as the highly-prized "red snapper" (Lutjanus campechanus) are other species.
The "United Nations Convention on the Law of the Sea" treaty deals with aspects of overfishing in articles 61, 62, and 65.
Free market environmentalists propose privatization as a solution to overfishing. Daniel K. Benjamin, in Fisheries are Classic Example of the "Tragedy of the Commons", cites research by Grafton, Squires, and Fox to support the idea that privatization can solve the overfishing problem:
On the otherhand, privatisation of the highly regulated crayfish industry of Western Australia threatens its viability.
Technology based on the splicing of certain genes in salmon and other fish, invented by Aqua Bounty Farms, a Newfoundland aquaculture company, has been shown to speed the growth rate of some fish by anywhere from 400 to 600%. They hope this will allow fish farmers using enclosed tank systems or net pens to raise their production enough to meet worldwide fish demand.
The economic system of Peruvian coastal anchovy fisheries crashed in the 1970s after overfishing, and reportedly an El Niño largely depleted anchovies from its waters. Anchovies had previously been a major natural resource in Peru; indeed, 1971 alone yielded 10.2 million metric tons of anchovies. However, in the following year, and the four after that, the Peruvian fleet's catch amounted to only about 4 million tons. This was a major loss to Peru's economy.
Ecology | Fishing industry Fisheries science Überfischung Overbevissing Sobrepesca
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