FUZHOU (Yosefardi) – Pingtan Marine Enterprise Ltd., a global fishing company based in the People’s Republic of China (PRC), said its fishing vessels operating within the Arafura Sea of Indonesia have been impacted due to a number of measures enacted by the Indonesia government to combat ongoing illegal fishing activities.
In early December 2014, Indonesia initially introduced a six-month moratorium on issuing new fishing licenses and renewals so that the country’s Ministry of Maritime Affairs and Fisheries (MMAF) could monitor the operations of existing fleets.
The government of Indonesia has also announced it will revise its fisheries policy with all neighboring countries. As a result, all licensed fishing vessels, including the Pingtan Marine’s fishing vessels operating on the Arafura Sea of Indonesia, have been informed by the Indonesian government to only operate within strict guidelines in order to avoid potential enforcement actions by the Indonesian Navy such as boat seizures.
Pingtan Fishing primarily engages in ocean fishing with many of its self-owned vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia.