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Graphic Online BY: Zadok Kwame Gyesi 705 Ghana currently does not have any locally trained captains or engineers to operate industrial fishing vessels. This has led to the country engaging expatriates, such as Japanese, Chinese and Koreans, to man industrial fishing vessels in its waters. Speaking with the Daily Graphic in Accra last Thursday, the Office Manager of the Ghana Industrial Trawlers Association (GITA), Mr Gilbert Sam, said since Ghana did not have any locally trained captains and other key staff to operate and man industrial fishing vessels, it had no option but to rely on expatr...

  Research in the country’s marine resources claims that nine out of every 10 fishing trawlers operating in the country are beneficially owned by Chinese corporations. This is in spite of a prohibition against foreign ownership or control of trawlers flying the country’s flags. According to findings of the study, the foreign owners usually operated through local front companies using opaque corporate structures to import their vessels, which they registered and with which they obtained licences to fish. It also estimated that Ghana was currently losing between $14.4 million and $23.7 mil...