Koo's partnership still going strong

The Marshall 201, which brought in nearly $800,000 for MIMRA in 2016

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MIMRA continues to benefit from its joint venture with Koo’s Fishing Company for the operation of purse seine vessel, Marshalls 201.

It is managed by the joint venture company, Marshall Islands Fishing Company. MIMRA’s share of revenue from the vessel in 2016 was $794,704. From 2014 through 2016, the vessel generated over $2 million for the Marshall Islands, averaging $718,000 per year.

Observer fees down

Fisheries observer fees declined in 2016 to $544,040 from $647,419 the year before. Fisheries enforcement fines generated $380,000.

Total Catch Purse Seine Fleets in the Marshall Islands EEZ 2012-2016

Total Catch Longline Fleets in the Marshall Islands EEZ 2012-2016

Year
2012
2013
2014
2015
2016
BET
416
538
668
126
569
SKJ
22,977
40,113
66,196
21,923
70,172
YFT
835
1,514
3,477
4,295
5,643
OTH
14
6
18
TOTAL
24,242
42,171
70,359
26,344
76,384
Year
2012
2013
2014
2015
2016
BET
254
237
172
122
71
SKJ
4,027
2,972
4,680
2,286
1,616
YFT
1,372
2,014
2,346
1,380
1,168
OTH
737
779
600
309
TOTAL
6,390
6,002
7,798
4,097
2,855

Total Catch Pole-and-Line Fleet in the Marshall Islands EEZ 2012-2016

Year
2012
2013
2014
2015
2016
BET
3
3
3
SKJ
3,578
1,719
3,317
615
429
YFT
15
4
21
2
1
TOTAL
3,596
1,726
3,341
618
430
© 2017 Marshall Islands Marine Resources Authority. All Rights Reserved.