S. 1369: Protecting Global Fisheries Act of 2025

The Protecting Global Fisheries Act of 2025 aims to address illegal, unreported, or unregulated fishing practices and the trade in endangered species. The bill establishes a framework for the United States to work with international partners to combat these issues through various means, including imposing sanctions on individuals and entities involved in such activities.

Key Provisions

• International Collaboration: The bill emphasizes the importance of cooperation with allied countries to combat illegal fishing. The U.S. Secretary of State is tasked with promoting the use of advanced technology in enforcing maritime laws alongside these countries.
• Sanctions Authority: The President is granted the power to impose sanctions on foreign individuals or vessels implicated in illegal fishing activities or in the trade of endangered species. This includes:
  • Freezing assets of relevant foreign entities within U.S. jurisdiction.
  • Denying entry to the U.S. for specific foreign individuals.
  • Prohibiting access to U.S. ports for certain foreign vessels.
  • Restricting financial services from U.S. financial institutions to those involved in prohibited activities.
• Reporting Requirements: The President must submit annual reports on the sanctions imposed and their impacts, along with assessments of global fishing practices.
• Exceptions: The bill includes provisions that allow exceptions for humanitarian aid and safety of vessels and crew, as well as compliance with international agreements.

Focus on Accountability

The legislation specifically aims to hold accountable those involved in illegal fishing and to mitigate the harmful impact of such practices, particularly regarding actions tied to China. There is also a mandate for U.S. representatives at the United Nations to advocate for more stringent global actions against illegal fishing.

Implementation and Oversight

Federal agencies responsible for executing this bill will be allowed to create rules and regulations as necessary. The legislation also highlights the collaboration between various governmental departments to enhance maritime law enforcement and address challenges in combating illegal fishing.

Relevant Companies

• DIS - The Walt Disney Company: If Disney's cruise operations are affected by U.S. port access prohibitions related to foreign fishing activities, it may need to adjust its logistics and operations.
• NCLH - Norwegian Cruise Line Holdings Ltd: Similar to Disney, Norwegian Cruise Line's operations could face regulations impacting its access to ports and vessels, especially if they rely on international fishing practices.