EMFF: Ticking time-bomb for the ocean

Capt. John

..Seas at Risk

EMFF: Ticking time-bomb for the ocean

The European Parliament plenary voted today on how to spend approximately EUR 6 billion of European taxpayers’ money on ocean-linked activities under the European Maritime and Fisheries Fund (EMFF) 2021-2027.

The decision to reintroduce subsidies for vessel construction sees the European Parliament encouraging the small-scale fleet, in particular in the Outermost Regions, to fuel fishing overcapacity. This is despite warnings that such a move...

http://www.allaboutshipping.co.uk/2019/04/04/emff-ticking-time-bomb-for-the-ocean/

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