Resolution 3.01 of the International Seafood Sustainability
Foundation (ISSF) defines shark finning as “the practice of cutting off
and retaining the fin and discarding into the sea the rest of the
shark’s body”.
We are aware that shark finning contravenes the Code Of Conduct For
Responsible Fishing and the FAO International Plan of Action for the
Conservation and Management of Sharks.
For these reasons, RD FISHING GROUP OF COMPANIES (in behalf of its
fishing companies South Sea Fishing Ventures, Phil. Inc. , Asia Pacific
Allied Fishing Ventures Corporation, Ocean Bounty Fishing Ventures
Corporation, South Pacific Allied Fisheries Corporation, Phil Sino
Pacific Ventures Corporation and Bismarck Pacific Sunrise Fishing
Corporation) taking into account the management measures applied by
Regional Organizations (RFMOs) and national and international norms for
the conservation of marine life has established and incorporated into
its tuna commercial policy the following points:
1) We condemn and forbid shark finning.
2) We avoid
any commercial dealings with vessels which have been identified by the
Regional Organizations (RFMOs) or by national or international
authorities as practitioners of shark finning.
3) We avoid commercial dealings with any company which has not forbidden and condemned the practice of shark finning.