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Jakarta Post

Eliminate transnational organized crime in fishing industry

  • Mas Achmad Santosa and Januar Dwi Putra

    Jakarta

Jakarta   /   Sat, July 11 2020   /  01:00 am
A Thai-flagged fishing boat was submerged in the waters of Langsa Aceh, Oct. 20, 2015. The Indonesian government is intensively sinking a boat that was caught doing illegal fishing activities in Indonesian waters. (JP/Hotli Simanjuntak)

The ocean provides humans with many valuable live-sustaining resources. Its global economic value of US$24 trillion dwarfs the largest sovereign wealth funds owned by Norway, the United Arab Emirates, Saudi Arabia and China, which total $3.1 trillion, according to the World Wide Fund for Nature (WWF) and Boston Consulting Group in 2015. The ocean’s economic value derives from marine living resources at $6.9 trillion, shipping lanes at $5.2 trillion, the productive coastline at $7.8 trillion and carbon absorption at $4.3 trillion. However, the vastness of the ocean also creates challenges to monitor and enforce all activities taking place in it. The ocean’s economic value is dwindling rapidly due to habitat destruction, pollution, impacts of climate change and overfishing. The Food Agriculture Organization (FAO) found in its latest report that 34.2 percent of the global fis...