ABSTRACT

The history of the exploitation of the living resources of the

Southern Ocean has led to the severe depletion of the stocks

of fur seals, many of the whale species, and some of the fish

stocks. Although the stocks of the fur seals have made a

remarkable recovery, the extent to which the exploited whale

and fish stocks will recover is uncertain. It is unlikely that the

seal stocks will be exploited in the foreseeable future and

currently a moratorium is in effect on the further harvesting

of whales. However, exploitation of both fish and krill

continue. The fish resources are not large and their exploita-

tion will need to be strictly controlled and limited. Although

the krill catches have exceeded 500,000 tons on only one

occasion, the potential for considerable expansion could

have serious consequences for the Southern Ocean marine

ecosystem as a whole.