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ECONOMY

Rising fuel costs test Costa Mar's small-boat captains

As diesel prices climb, fishers weigh quotas against working margins

Mateo Reyes1,247 wordsEdition № 168Saturday, 24 October 2026 — Edition № 168

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The diesel pump at the Puerto Azul cooperative's fuel station now reads 1.47 florins per litre, up from 1.18 just eight months ago. For a small seiner working the reef margins, that difference compounds across a week's fuel consumption—the gap between a profitable catch and a loss. Captain Hernán Vásquez, who has skippered the Esperanza del Mar since 1994, has begun cutting his outings to four days a week instead of six.

The pressure is not new to Costa Mar's fishing communities, but its timing is sharp. The federal fisheries quota for this quarter—set in Meridian in consultation with regional cooperatives—allows for increased catch limits on certain reef-adjacent species. Yet the fuel economics that made those quotas seem reasonable six months ago have shifted. Vásquez and others like him now face a choice between the permitted catch and the cost of reaching it.

The cooperative's management is watching the pattern. If captains continue to reduce their working week, the aggregate catch will fall short of the quota even though the legal ceiling remains unchanged. That gap raises a question for the Federal Hydro Authority and the Marine Ministry in Puerto Azul: whether quotas set on biological and economic assumptions need recalibration when one of those assumptions—fuel cost—moves sharply.

Vásquez sits in the cooperative's office on a Tuesday morning, studying the week's fuel-price bulletin from the Federal Treasury. His hands, weathered and scarred from net work, turn the printout slowly. He is not asking for subsidy or exemption. He is asking whether the people who set the quotas in Meridian understand that quotas exist in a world where diesel costs money.

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