Expansion of Korean High-Seas Fisheries

Abstract

Korea’s high-seas fishery began in 1957 with a single tuna longliner. By 1971 it had increased to 351 vessels totalling 108,900 gross tons. Of these 291 are tuna vessels, the remainder fish for groundfishes, shrimps, etc. The total of 159,000 tons of product taken in 1971 was divided fairly evenly between tuna and groundfishes, but of course the tunas were much the more valuable.The high-seas fishery industry is encouraged by government assistance in financing, vessel construction, personnel training programs, marketing arrangements, fishery survey programs, and cooperation with international organizations.Continued expansion of high-seas fishing is expected through 1976 at least. For example, 282 additional or replacement vessels are being planned for 1972–76. Skipjack tuna are a prime target for expansion, and the bait required in harvesting this species is available in Korean waters.