Introduction to New Zealand's Fishing Industry
New Zealand is renowned for its rich marine biodiversity and thriving fishing industry. With over 15,000 kilometers of coastline, the country boasts a variety of fish species, making it a prime location for both commercial and recreational fishing. The fishing sector significantly contributes to the national economy, providing jobs and supporting local communities.
Commercial Fishing
The commercial fishing industry in New Zealand is highly regulated to ensure sustainability. The Quota Management System (QMS) was introduced to manage fish stocks effectively. This system allocates specific quotas to fishing companies, helping to prevent overfishing and protect marine ecosystems.