No shark finning policy

ALBACORA S.A., an environmentally responsible company, hereby publicly states the prohibition to practice shark finning aboard its vessels and requires that all sharks are, if retained, stored and landed with fins naturally attached.

ALBACORA S.A, also publicly states the prohibition to conduct business with operators that do not enforce the “fins naturally attached” policy.

As defined in the CM 3.1 of the International Seafood Sustainability Foundation, shark finning implies retaining shark fins and discarding the remaining carcass while at sea. Such practice contributes to major uncertainties about the total biomass and species composition of sharks caught.

It also contravenes international rules and regulations, including:

 

I. The FAO Code of Conduct for Responsible Fisheries, and its International Plan of Action for the Conservation and Management of Sharks.

II. The Resolutions of a number of other international marine bodies, all of which call for minimizing waste and discards.

III. Shark – related Conservation and Management Measures of the Regional Fisheries Management Organizations (RFMOs) that restrict finning, regardless of fishing vessel gear type, through a provision that the weight of fins landed cannot exceed 5% of the total shark catch on board.

IV. National laws enacted by several countries, both abolishing shark finning and requiring that fins remain naturally attached to sharks´ bodies.

To reinforce this policy, ISSF adopted Conservation Measure 3.1 Prohibition of transactions with Companies without a Public Policy Prohibiting Shark Finning.

Concerned about this issue, ALBACORA, S.A. does not permit aboard its vessels the practice of shark finning, which is the retention of any fins while discarding the carcass at sea. Any shark, if retained, must be landed with fins naturally attached.

This statement is visibly onboard every fishing vessel in the ALBACORA fleet, in all languages commonly spoken onboard.

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