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===Over-exploitation=== Due to [[over-fishing]], Argentine hake catches have declined drastically. About 80% of adult hake has apparently disappeared from Argentine waters. Argentine hake is not expected to disappear, but the stock may be so low that it is no longer economical for commercial fishing.<ref>{{Cite web|url=http://en.mercopress.com/2010/03/22/argentine-hake-fishery-and-markets-at-risk-because-of-over-fishing-says-ngo |title=Argentine hake fishery and markets at risk because of over-fishing, says NGO β MercoPress |publisher=En.mercopress.com |date=2010-03-22 |access-date=2010-09-15}}</ref> In addition, this adversely affects Argentine employment, because of many jobs in the fishing industries. Conversely, Argentine hake prices rose due to hake scarcity, reducing exports and affecting the economy.<ref name="globefish1">{{Cite web|url=http://www.globefish.org/hake-january-2010.html |title=Fao Globefish |publisher=Globefish.org |access-date=2010-09-15}}</ref> In Chile, seafood exports, especially Chilean hake, have decreased dramatically. Hake export has decreased by almost 19 percent. The main cause of this decline is the February [[2010 Chile earthquake]] and [[tsunami]]. These disasters destroyed most processing plants, especially manufacturing companies that produce [[fish meal]] and frozen fillets.<ref>{{Cite web |url=http://www.fis.com/fis/worldnews/worldnews.asp?monthyear=&day=27&id=37905&l=e&special=&ndb=1%20target= |title=Worldnews - Sharp decline in exports to the south-central area |publisher=FIS |date=2010-08-27 |access-date=2010-09-15}}</ref> European hake catches are well below historical levels because of hake [[Resource depletion|depletion]] in the [[Mediterranean]] and [[Black Sea]]. Various factors might have caused this decline, including a too-high [[total allowable catch]], unsustainable fishing, [[ecology|ecological]] problems, juvenile catches, or non-registered catches. Namibia is the only country that has increased its hake quota, from {{convert|130,000|t}} in 2009 to {{convert|145,000|t}} in 2010.<ref>{{cite web|url=https://old.namibian.com.na/6228320/archive-read/Katti-could-pocket-N$42m-from-1pct-oil-block-sale|title=Katti could pocket N$42m from 1% oil block sale|website=The Namibian|date=8 March 2023|author-first1=Shinovene|author-last1=Immanuel|author-first2=Timo|author-last2=Shihepo|url-status=live|archive-date=20 May 2025|archive-url=https://web.archive.org/web/20250520110251/https://old.namibian.com.na/6228320/archive-read/Katti-could-pocket-N$42m-from-1pct-oil-block-sale}}</ref> Furthermore, the [[Namibian Ministry of Fisheries]] adheres to strict rules regarding the catch of hake. For example, the closed seasons for hake lasts approximately two months, in September and October, depending on the level of stock. This rule has been applied to ensure the regrowth of the hake population. Supplemental restrictions forbid [[trawling]] for Hake in waters less than {{convert|200|m|ft|0}} deep (to avoid damaging non-target species [[natural habitat|habitat]]) and to minimize [[by-catch]].
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