Victory | March 23, 2022
Norwegian Insurance Company Hydor Ends Coverage of Three Illegal Fishing Vessels
Hydor AS, a Norwegian-based insurance company, ended its contract with a fleet of vessels that were listed by the International Commission for the Conservation of Atlantic Tunas (ICCAT) for illegally fishing across the Atlantic. This decision follows campaigning by Oceana and its ally the Environmental Justice Foundation, who together warned Hydor about its unwitting support of illegal fishing operators. This victory will help to mobilize other companies to fight against illegal, unregulated, and unreported (IUU) fishing, a criminal activity that hurts law-abiding fishers and puts companies at legal, financial, and reputational risk.