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A Spanish investigation tracks how Asia's squid fleet is upending the South Atlantic market


Spain controls much of the world's Loligo squid catch, mainly through the roughly 16 licences granted by the Falklands to fish in their waters, with catches close to 50,000 tons a year
An international investigation published by the Spanish newspaper El Confidencial, with an extensive interactive report, describes how the expansion of Asian fishing fleets in international waters —mainly Chinese— has transformed the global market for frozen squid, with a direct impact on the European fleet and consequences for fishing in the South Atlantic, one of the main sources of income for the Falklands.



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