FISHERY IMPROVEMENT PROJECT (FIP)
Tequesta Bay® Foods is a participant in the Nicaragua lobster fishery improvement project. Our company has always sought to do the right thing with the seafood we purchase. We require our suppliers to comply with all applicable laws for the products we purchase and also commit to further the environmental and social sustainability of their local fisheries. However, a group effort can make a bigger difference on the broader challenges of an overall fishery.That is why we partner with other stakeholders in a fishery improvement project.
Nicaragua is the largest Caribbean spiny lobster fishery that supplies the U.S. Thousands of Nicaraguans earn a livelihood through the fishery, from vessel owners and fishermen to packing-plant employees. A critical issue challenging this fishery is the likelihood of illegal, unreported, and unregulated fishing that weakens management of the resource and equitable access for local livelihoods. Concurrent issues are a lack of new or improved data on stock status, bycatch, and habitat impacts from lobster traps.
By working together with other stakeholders, we are helping to improve the fishery for everybody.
