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Fishery Alert – March 2025

ALERT - FISHERY

New Fishery Management Regulation for Giant Squid

Supreme Decree N° 003-2025-PRODUCE, published on March 11, 2025, established the new Fishery Management Regulation (ROP) for the giant squid resource.  The objective of the ROP is to regulate access and strengthen this fishery, promote the competitiveness of a specialized national fleet and guarantee the sustainability and legality of the exploitation of this resource, in accordance with national and international regulations.

The scope of application is for natural or legal persons that carry out extractive and processing activities.

It is reiterated that their destination is exclusively for direct human consumption and that the vessels use only passive fishery gear and exclusively the pot line and vessels larger than 32.6 m3 must carry out their extractive activities outside the 80 miles. The PRODUCE will establish a maximum total allowable catch limit (catch quota) on an annual basis. Measures will be established to promote the participation of fishery vessels in the high seas zone by implementing the Virtual System for Registration in the SPRFMO-PS (SIVIROP) and to facilitate their registration in the single registry of vessels that carry out activities in the high seas.

With this provision, the previous ROP approved by Supreme Decree No. 014.2011-PRODUCE is repealed.


For further information, contact Richard Inurritegui (rinurritegui@estudiorodrigo.com).