15 Apr 2011

Taiwan fishing boat posts bond to leave Marshall Islands

3:38 pm on 15 April 2011

A Taiwanese fishing boat is facing four million US dollars in fines after running afoul of fisheries rules in the Marshall Islands.

The Fong Seong Fisheries Group has posted a 100,000 dollar bond to secure release of the vessel from Majuro after it was charged with 29 counts of breaking fisheries regulations.

The multiple violations given to the company's purse seiner, FV Taumoana, are a rare enforcement action taken by the Marshall Islands Marine Resources Authority.

The charges suggest problems with the fishing vessel have been occurring regularly but were only recently reported by an onboard observer.

A High Court Judge James Plasman ordered Fong Seong to post a 350,000 dollar bond to continue using the vessel while the court process proceeds.

The company has made the initial payment and has to meet the balance by June the 1st or the vessel will be seized by the Marshalls government.