Industry/Economy

 yachtseal@hotmail.com

Our Ocean’s Promise

Our Ocean’s Promise

From Aspirations to Inspirations: The Marshall Islands Fishing Story

The story of how the Marshall Islands went from being a bystander in commercial fishing in the Pacific to operating the world’s busiest tuna transshipment port, two fish processing facilities, a purse seine vessel net repair yard, and a fleet of locally-flagged and -based fishing vessels is documented in a groundbreaking new book.    “Our Read More

 yachtseal@hotmail.com

Ailuk FAD

Ailuk FAD

The Marshall Islands Marine Resources Authority is working on a long-term project to place Fish Aggregating Devices (FADs) off many of the outer islands to attract ocean-going pelagic fish such as marlin, tuna and mahi-mahi and make it easier for the islanders to catch these fish. The following is the statement from MIMRA about their latest Read More

 yachtseal@hotmail.com

Sustainable Fishing in RMI

Sustainable Fishing in RMI

The Marine Stewardship Council* is telling the world about the eight countries that make up the Parties to the Nauru Agreement (PNA), which includes the Marshall Islands. On a post it states: “Covering just over 70 square miles of land, this small island nation could more accurately be called a big ocean state. In their Read More

 yachtseal@hotmail.com

PII Facilities in High Demand

PII Facilities in High Demand

Pacific International Inc. is the Marshalls biggest construction company. It was founded by Jerry Kramer and is now owned and run by him and his family. In February the company celebrated the opening of its new dock facility, its new purse seiner net repair workshop, and the arrival of its new ship, Michelle K. The Read More

 yachtseal@hotmail.com

Copra Processing Plant

Copra Processing Plant

It’s a hot, tiring job, but the making of copra is one of the few ways Marshallese on the outer islands can make money. There are many steps in taking a coconut from a tree and turning it into sellable products, and one of the most important is undertaken by the Tobolar Copra Processing Authority Read More

 yachtseal@hotmail.com

PNA: Key to RMI Economy

PNA: Key to RMI Economy

The Parties to the Nauru Agreement (PNA) is a wonderful success story for the Pacific region, including the Marshall Islands. A minor factor is that PNA’s HQ is in Majuro… The major one is that RMI’s earnings from fisheries used to be relatively paltry, despite the value of the fish floating around in its waters. Read More

 yachtseal@hotmail.com

RMI Ship Registry

RMI Ship Registry

The Marshall Islands has the world’s third (see footnote) largest ship registry, which is administered by the American company International Registries, Inc. (IRI). From its headquarters in Reston, Virginia, IRI operates the flag of convenience ship registry. In March, 2017, the total tonnage of vessels live and under construction reached 231.8 million dead weight tons. Read More

 yachtseal@hotmail.com

Fish Markets

Fish Markets

Fresh fish from the outer islands can be found at the fish market next to Uliga Dock. Shopping at the market is win-win for you (delicious fish) and for the people on the outer islands (hard to come by dollars). The facility was built with funds from Japan and was completed in 2011. It is operated Read More