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Higher Output from S. Korean Fisheries Last Year

Sustainability Economics Politics +4 more

SOUTH KOREA - South Korea's fisheries output grew 4.5 per cent in 2011 thanks to increased hauls in coastal areas, a government report showed Thursday.

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YonhapNewsAgency reports that fisheries production amounted to 3.25 million tons last year, compared with 3.11 million tons caught a year earlier, according to the report by Statistics Korea.

The output was worth 8.09 trillion won (US$7.18 billion), up nine per cent from 2010, the report showed.

The amount of fish caught in coastal waters jumped 9.1 per cent on-year to 1.24 million tons and played a role in pushing up overall output. The gain was attributed to an overall rise in water temperature that helped draw more fish.

Deep-water fishing, however, plunged 14.6 per cent to 506,000 tons, affected mostly by overall dwindling maritime resources, the report showed.