• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Retailfishing

Your seafood was probably produced by modern slaves, bombshell report on ‘widespread human rights crisis’ finds

By
Joshua Goodman
Joshua Goodman
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Joshua Goodman
Joshua Goodman
and
The Associated Press
The Associated Press
Down Arrow Button Icon
November 16, 2023, 2:47 PM ET
Fishing
In this July 2021 photo provided by Sea Shepherd, the Chang Tai 802, a Chinese-flagged ship, fishes for squid at night on the high seas off the west coast of South America. Isaac Haslam/Sea Shepherd via AP, File
Add Fortune on Google for similar content.

Hazardous, forced work conditions sometimes akin to slavery have been detected on nearly 500 industrial fishing vessels around the world, but identifying those responsible for abuses at sea is hampered by a lack of transparency and regulatory oversight, a new report concluded.

The research by the Financial Transparency Coalition, a Washington, D.C.-based nonprofit organization that tracks illicit money flows, is the most comprehensive attempt to date to identify the companies operating vessels where tens of thousands of workers every year are estimated to be trapped in unsafe conditions.

The report, published Wednesday, found that a quarter of vessels suspected of abusing workers are flagged to China, whose distant water fleet dominates fishing on the high seas, traditionally lawless areas beyond the jurisdiction of any single country. Vessels from Russia, Spain, Thailand, Taiwan and South Korea were also accused of mistreatment of fishers.

___

This story was supported by funding from the Walton Family Foundation. The AP is solely responsible for all content.

___

Forced labor in the seafood industry is a rarely seen but common phenomenon, one increasingly recognized as a “widespread human rights crisis,” according to the report’s authors. The Associated Press in 2015 uncovered the plight of thousands of migrant workers from Myanmar, Cambodia and Laos who were abused while employed on Thai vessels whose catch often ended up in the United States.

Globally, as many as 128,000 fishers face threats of violence, debt bondage, excessive overtime and other conditions indicative of forced labor, according to the U.N.’s International Labor Organization.

U.S. and European companies are under increasing pressure to clean up supply chains in labor-intensive industries where worker abuse is widespread. The Financial Action Task Force set up by the Group of Seven wealthiest democracies has identified illegal logging and mining as a key driver of money laundering and encouraged its members to set up publicly available databases to raise awareness about the financial flows that fuel environmental crimes.

However, the seafood industry has so far escaped the same scrutiny, in part because governments often lack the tools to regulate what takes place hundreds of miles from land. This week, President Joe Biden’s administration decided to abandon a planned expansion of the flagship Seafood Import Monitoring Program used to prevent illegal fishing and forced labor on foreign vessels, which supply about 80% of the seafood Americans eat.

“We are once again seeing the heartbreaking reality of what is happening on some commercial fishing vessels out at sea and it’s completely unacceptable,” Beth Lowell, vice president in the U.S. for the conservation group Oceana, said about the report, which she had no role in. “Forced labor and other human rights abuses should not be the cost for a seafood dinner.”

The National Oceanic and Atmospheric Administration said Tuesday that it decided to shelve the planned expansion after receiving public feedback on the proposed rule changes and would instead focus its attention on improving the impact of the current import monitoring program, which covers around 1,100 species.

Another obstacle to transparency: offenders are frequently licensed by governments like Panama and Belize with reputations for financial secrecy and minimal oversight of their fleets. Of the vessels suspected of abuse and whose ownership could be identified by the Financial Transparency Coalition, 18% flew so-called flags of convenience companies use to avoid careful examination and hide their shareholder structure.

The report identified two Chinese companies — ZheJiang Hairong Ocean Fisheries Co. and Pingtan Marine Enterprises — as the worst offenders, with 10 and seven vessels, respectively, accused of human rights violations. A third company, state-owned China National Fisheries Corp., had five.

None of the companies responded to AP’s request for comment. But ZheJiang Hairong in a statement last year to the state-owned Fujian Daily claimed ownership of only five of the 10 vessels that would later appear on the Financial Transparency Coalition’s list. Pingtan last year was sanctioned by the Biden administration over allegations of illegal fishing and labor abuse. and later saw its shares delisted from the New York Stock Exchange.

The Financial Transparency Coalition scoured government reports, media accounts and complaints by advocacy groups to come up with a list of 475 individual vessels suspected of forced labor since 2010. Of that amount, flag information was available for only about half of the total — another indication of the need for greater ownership transparency, the group says.

—

AP Reporter Fu Ting in Washington, D.C., and AP researcher Wanqing Chen in Beijing contributed.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Joshua Goodman
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Retail

Lauren Sánchez Bezos put $34 million behind reinventing what clothes are made of—and stirred a debate about Amazon
Environmentphilanthropy
Lauren Sánchez Bezos put $34 million behind reinventing what clothes are made of—and stirred a debate about Amazon
By Sydney LakeJuly 21, 2026
2 hours ago
wilt
Arts & EntertainmentAuction
Gen Z entrepreneur found a Wilt Chamberlain Lakers warm-up for $3.07 outside Portland — it was a $90,000 genuine article
By Claire Rush and The Associated PressJuly 21, 2026
9 hours ago
‘We all failed’: Former Disney CEO Michael Eisner on Hollywood, video games and the big question of IP
Arts & EntertainmentDisney
‘We all failed’: Former Disney CEO Michael Eisner on Hollywood, video games and the big question of IP
By Joshua HongJuly 21, 2026
10 hours ago
A Jersey Mike's logo is displayed outside one of their stores in San Diego, California.
InvestingIPOs
Jersey Mike’s IPO valuation could reach eight times Sweetgreen’s market cap
By Sheryl EstradaJuly 21, 2026
15 hours ago
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
AISports
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
By Catherina GioinoJuly 20, 2026
1 day ago
A hand types on a computer with a screen displaying the AliExpress logo from Google Images.
RetailRetail
‘It is a failure by AliExpress’: European Commission fines the Chinese marketplace $629 million for not blocking counterfeit goods
By The Associated Press and Mike CorderJuly 20, 2026
1 day ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
1 day ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
1 day ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
1 day ago
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
Economy
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
By Eleanor PringleJuly 21, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.