The Environmental Justice Foundation published on 23 March 2021 a major report titled "At What Cost? How Ghana Is Losing Out in Fishing Arrangements with China's Distant Water Fleet."
The report details how Chinese owners control up to 93 percent of Ghana's trawler vessels, which are beneficially owned by Chinese corporations in spite of a prohibition against foreign ownership or control of trawlers flying the Ghanaian flag. These corporations operate through local front companies, using opaque corporate structures to import their vessels, register and obtain a license to fish. Ghana is now losing between $14.4 and $23.7 million annually in fishing license fees and fines from trawlers.
