Key terms to help explain the industry.
Renewable resource- A resource that is able to replenish itself and is typically good for the environment.
Groundfish- Fish that feed, live and are caught at the bottom of the sea, such as cod and sole.
Pelagic fish- Fish that live and feed in open ocean, such as tuna and salmon.
Shellfish- Molluscs and crustaceans such as oysters, shrimps and lobsters.
Balance of trade- The difference between the value of imports and the value of exports. If exports exceed imports, then there is a trade surplus. If imports exceed imports, there is a trade deficit.
Continental shelf- The sloping outer edge of a continent that carries into the ocean to a max depth of around 200 meters.
Banks-Shallow areas of a continental shelf.
Inshore fishery- Fishing that take place close to shoreline. Small fishing boats are used for this, they go out to sea and come back to shore each day.
Offshore fishery- Fishing that takes place farther out in the sea. Boats longer than 25m are used for this. Boats stay out at sea for several days before coming back to shore.
Sustained yield management- The use of renewable resources at a rate that allows the resource to be able to renew itself.
Aquaculture- The production of fish and other marine products on fish farms.
Groundfish- Fish that feed, live and are caught at the bottom of the sea, such as cod and sole.
Pelagic fish- Fish that live and feed in open ocean, such as tuna and salmon.
Shellfish- Molluscs and crustaceans such as oysters, shrimps and lobsters.
Balance of trade- The difference between the value of imports and the value of exports. If exports exceed imports, then there is a trade surplus. If imports exceed imports, there is a trade deficit.
Continental shelf- The sloping outer edge of a continent that carries into the ocean to a max depth of around 200 meters.
Banks-Shallow areas of a continental shelf.
Inshore fishery- Fishing that take place close to shoreline. Small fishing boats are used for this, they go out to sea and come back to shore each day.
Offshore fishery- Fishing that takes place farther out in the sea. Boats longer than 25m are used for this. Boats stay out at sea for several days before coming back to shore.
Sustained yield management- The use of renewable resources at a rate that allows the resource to be able to renew itself.
Aquaculture- The production of fish and other marine products on fish farms.