The industrial fishery in Liberia involves bottom trawlers targeting demersal fish and shrimp, purse seiners and long liners targeting off shore tuna resources, crab vessels and on-shore cold storage facilities. All industrial fishing vessels fishing in Liberian waters must carry observers and Vessel Monitoring Systems (VMS) as a requirement of obtaining a license.
Fishing vessels, as well as vessels importing fish, are required to land their catches under inspection at the fishing pier in the Free Port of Monrovia; transhipment must also take place in port under inspection. Fishing vessels that fish in Liberian waters and companies that import fish are required to pay taxes to the Liberian Government.
Industrial Fisheries are regulated by the Regulations Relating to Fisheries, Fishing and Related Activities for the Marine Fisheries Sector in the Republic of Liberia.