Highlights in 2016

Net operating revenues increased slightly in FY2016 to $31,666,145 compared to $31,569,468 the previous year. While Vessel Day Scheme (VDS), fishing rights, licensing and registration fees, and transshipment fees continued to grow, there was modest decline in MIMRA’s other revenue centers.
Port Majuro maintained its status as the world’s busiest tuna transshipment port with 573 transshipments transferring 410,948 metric tons from purse seiners to carrier vessels for onward transport to canneries.
The top five purse seine flag states who used Port Majuro the most in FY2016 for tuna transshipment were Taiwan (161), Marshall Islands and PNG (77), United States (74) and China (73).
MIMRA earned $794,704 in FY2016 from its partnership in the joint venture with Koo’s Fishing Company for operation of “Marshalls 201” purse seine vessel.
MIMRA contributed $26,285,938 to the Marshall Islands Government’s General Fund to meet national government budget needs in FY2016. This compares to $15,773,000 transferred in FY2015.
The 63 Marshall Islands fisheries observers monitored catches on 175 purse seine trips and 28 longline trips, as well as overseeing 573 purse seine transshipments hundreds of longline off-loadings in Port Majuro.
Purse seiners licensed to fish in Marshall Islands waters increased from 162 in 2015 to 190 in 2016. This was among factors contributing to a big increase in tuna tonnage caught in Marshall Islands waters, from 26,344mt to 76,384mt in FY2016.
Preliminary data showed purse seine vessels had interactions with three sea turtles, all of which were released alive. Interactions with 37 marine mammals were recorded. All were unintentionally caught and all released dead. No seabird interactions were observed, while four interactions with whale sharks were noted and all were released alive.
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