Federal ban on shark fin trade reshapes small‑boat fisheries

At dawn on the mangrove inlet of Playa Verde, Captain Luis Ortega checked the fuel gauge of his 12‑metre panga and prepared his nets. The familiar weight of the morning tide lifted a modest haul of snapper, but the usual basket of shark fins was missing. The captain recalled the announcement made two weeks ago by the Marine Ministry in Puerto Azul, which declared a total ban on the capture, sale, and export of shark fins from Costa Mar waters.

The decree, published in the Federal Gazette on 12 October, prohibits any commercial activity involving shark fins, including processing and transport. It replaces a 2019 quota system that allowed a limited number of fins under strict monitoring. The Ministry cited rising concerns from the Costa Mar Reef Monitoring Network, which documented a 38 % decline in reef‑associated shark sightings over the past five years.

The Reef Monitoring Network released its latest report on 20 October, noting that the loss of apex predators has altered the balance of reef fish populations. Cooperative leaders from the Costa Mar Small‑Boat Fishermen’s Union voiced alarm that the ban could cut average monthly earnings by up to 22 % unless alternative catch options are provided. The Union has requested a transition fund to support new gear and training.

The full story examines the policy’s background, the response of the fishing cooperative, and the federal measures planned to mitigate economic impact.