The Chilean hake sector is looking back at a several difficult years with many industry watchers naming it a "fishery in crisis."
But recent initiatives, including a fisheries improvement project (FIP) and a crackdown on illegal artisanal fishing is giving reason for muted hope there could be a recovery -- at least in the mid- to long-term.
The decision by Chile's Undersecretary of Fisheries and Aquaculture (Subpesca) to raise the quota from 19,000 metric tons in 2014 to 23,000 metric tons this year came as a surprise to many, and was set despite warnings from environmentalists that the species' biomass remains in stark decline.
"The
