A report published today by international maritime intelligence organisations TMT and I.R. Consilium, examines both how foreign fishing operators are accessing and exploiting African flag registries for their fishing vessels in pursuit of legal impunity, and how weaknesses in African flagging regimes attract this exploitation.
Image Credits: TM-Tracking
The global fishing market is projected to be worth $194 billion by 2027, so there is ample financial reward to be gained by fishing illegally....