FISHERY IMPROVEMENT PROJECT (FIP)
Tequesta Bay® Foods is a participant in the Nicaragua lobster fishery improvement project.
Nicaragua is the largest Caribbean spiny lobster fishery that supplies the U.S. Thousands of Nicaraguans earn a livelihood through the fishery, from vessel owners and fishermen to packing-plant employees. A critical issue challenging this fishery is the likelihood of illegal, unreported, and unregulated fishing that weakens management of the resource and equitable access for local livelihoods. Concurrent issues are a lack of new or improved data on stock status, bycatch, and habitat impacts from lobster traps.
In addition to participating in the FIP, Tequesta Bay Foods requires our suppliers to comply with all applicable legal requirements for the seafood we purchase, and to further the environmental and social sustainability of their local fisheries.