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Insurance Companies Unwittingly Aid Marine Poaching

2016-06-11 13:01:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Authorities blow up a Thai fishing boat caught fishing illegally in Indonesian waters. A new study shows that some illegal vessels still carry marine insurance. Last spring, the Thunder, an alleged poaching vessel, met its end off the coast of So Tomé and sunk to its watery grave. The Thunder was allegedly part of an armada of fishing scallywags that cumulatively siphon billions of dollars a year from the global fishing economy and wreak untold damage on fisheries around the world. Now, recently...

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