Chilean Langostino Colorado (Red Prawn/Squat Lobster) Fishery

Management
Country: 
Chile
Program Start Date: 
1992
Management Authority: 
Subsecretaria de Pesca
Management Oversight: 
Servicio Nacional de Pesca
Region: 
Americas
Large Marine Ecosystem: 
Humboldt Current
Species Information
Common name Fish type Genus Species
Langostino colorado Crustaceans (e.g., Lobster & Shrimp) Pleuroncodes monodon
Fishing Mortality Control: 
Total Allowable Catch
Program Attributes
Approach: 
Quota-Based
Program Type: 
Individual Transferable Quota (ITQ)
Species: 
Single-species
Number of species: 
1
Marine or Freshwater: 
Marine
Fishing Rights Holder: 
Individual
Tenure of Shares: 
10-14 yrs
Secure: 
Yes
Transferable: 
Yes
Monitoring Requirements: 
Unknown
Gear Type: 
Unknown
Participation
Initial Allocation Method: 
Unknown