# Decree opens Peru to imported fishing capacity

> A Peruvian government decree issued at the end of September lets fishing companies import second-hand vessels for fully exploited fisheries such as anchovy. Shipyards and analysts were surprised and raised concerns about fleet renewal and competition with local builders.

- Date: 2020-10-08 · published 2020-10-08T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/50532-decree-opens-peru-to-imported-fishing-capacity
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Easier access to imported used boats could modernise Peru's anchovy fleet and raise catching capacity in a fishery that already limits fishmeal output, which could eventually add supply to the fishmeal market.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- mag.hookandnet.com: https://mag.hookandnet.com/2020/10/08/2020-10peruvesselseng/content.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.