Marine Life & Conservation
SeaWorld plans to block shareholder vote aimed at ‘retiring’ killer whales
SeaWorld Entertainment Inc. intends to block shareholders from voting on a measure that urges the Orlando-based company to develop “coastal sanctuaries” and use them as retirement homes for its collection of captive killer whales.
The proposal was submitted by the People for the Ethical Treatment of Animals in advance of SeaWorld’s first annual shareholders meeting, where shareholders will be asked to elect directors and vote on other company business. PETA owns 80 shares of SeaWorld stock.
But SeaWorld has told federal regulators it plans to ignore PETA’s request. The reason: Federal rules require shareholders to have held stock in a company for at least a year before they can submit recommendations for a vote. SeaWorld has been a publicly traded company for less than a year, making it impossible for any shareholder to meet that criterion.
“Because the proponent [PETA] had not — and could not have — held shares in the company for at least one year prior to the date on which it submitted the proposal, it is ineligible to submit a stockholder proposal at this time,” the company wrote in a recent letter to the U.S. Securities and Exchange Commission.
The marine-park owner went public on April 19 of last year. PETA bought its shares in the company on the same day.
What’s more, SeaWorld says it plans to file its annual “proxy statement,” a document that must be mailed to shareholders before its yearly meeting and that must include any proposals to be voted on April 17, two days before its first anniversary as a publicly traded company.
To cover its bases, SeaWorld has asked the SEC for assurance that the agency will not take legal action should it exclude PETA’s recommendation from its proxy materials.
PETA, which has asked the SEC to deny SeaWorld’s request, accuses SeaWorld of hiding behind federal rules. The organization notes that it has held SeaWorld stock for as long as possible and that it does not intend to get rid of its stake in the company — which is currently valued at about $2,500 — before the annual meeting.
“SeaWorld shareholders should have an opportunity to improve the company’s reputation and preserve its future by making the progressive decision to transfer these intelligent mammals to sea sanctuaries where they finally have the opportunity to be whales again,” said Jared Goodman, PETA’s director of animal law.
SeaWorld defended its decision in a written statement Monday. “We owe it to our shareholders to conduct our annual proxy process in accordance with the Securities and Exchange Commission rules and regulations,” the company said.
Marine Life & Conservation
Leading UK-based shark conservation charity, the Shark Trust, is delighted to announce tour operator Diverse Travel as a Corporate Patron
Corporate Patrons provide a valuable boost to the work of The Shark Trust. The Trust team works globally to safeguard the future of sharks, and their close cousins, the skates and rays, engaging with a global network of scientists, policymakers, conservation professionals, businesses and supporters to further shark conservation.
Specialist tour operator Diverse Travel has operated since 2014 and is committed to offering its guests high quality, sustainable scuba diving holidays worldwide. Working together with the Shark Trust will enable both organisations to widen engagement and encourage divers and snorkellers to actively get involved in shark conservation.
“Sharks are truly at the heart of every diver and at Diverse Travel, we absolutely share that passion. There is nothing like seeing a shark in the wild – it’s a moment that stays with you forever!” says Holly Bredin, Sales & Marketing Manager, Diverse Travel.
“We’re delighted to celebrate our 10th year of business by becoming a Corporate Patron of the Shark Trust. This is an exciting partnership for Diverse and our guests. We will be donating on behalf of every person who books a holiday with us to contribute towards their vital shark conservation initiatives around the world. We will also be working together with the Trust to inspire divers, snorkellers and other travellers to take an active role – at home and abroad – in citizen science projects and other activities.”
Paul Cox, CEO of The Shark Trust, said:
“It’s an exciting partnership and we’re thrilled to be working with Diverse Travel to enable more divers and travellers to get involved with sharks and shark conservation. Sharks face considerable conservation challenges but, through collaboration and collective action, we can secure a brighter future for sharks and their ocean home. This new partnership takes us one more valuable step towards that goal.”
For more information about the Shark Trust visit their website here.
For more about Diverse Travel click here.
Marine Life & Conservation
Shark Trust Asks Divers to help with Shark Sightings this Global Citizen Science Month
Whether you are stuck for ideas of what to do with the kids or are off on the dive trip of your dreams. You can get involved in Citizen Science Month and help the Shark Trust by providing vital data about sharks are rays both close to home and further afield.
In addition to reporting the sharks and rays you see on your dives, the eggcases you find on the beach, the Shark Trust is looking for some specific data from divers who are asked to report any Oceanic Whitetip and Basking Sharks.
Oceanic Whitetip Sharks
The Shark Trust are looking specifically for Oceanic Whitetip Shark sightings over the coming weeks and months. So, if you are diving anywhere in the world, please report your sightings via the website or app.
Website: https://recording.sharktrust.org/
App: Search The Shark Trust in your app store
The Oceanic Whitetip. Known for their incredibly long dorsal and pectoral fins, this species was once the most abundant oceanic-pelagic species of shark on the planet.
Large and stocky, they are grey or brown above, and white below and famous for their huge rounded first dorsal fin and paddle-like pectoral fins. The fins also highly prized within the shark fin trade. Whilst they are mostly solitary, Oceanic Whitetips do occasionally hunt in groups.
An inquisitive species, they were easy prey for fisheries. Combined with their low reproductive rate, they were inevitably at high risk of population depletion. And declines of up to 99% have been reported in certain sea areas. They are listed as Critically Endangered on the IUCN Redlist (2019).
Conservation efforts to discourage further declines include listing on CITES Appendix II and CMS Appendix I. They’re also the only species prohibited from take by all the Tuna RFMOs (Regional Fisheries Management Organisations). However, these measures do not mean that Oceanic Whitetips are not still caught – whether targeted or as bycatch – in some parts of the world. With populations declining at such a high rate, effective implementation of management measures is essential to ensure that the species can recover.
If you are lucky enough to get an image of an Oceanic Whitetip and you record your sighting on the Shark Trust app or website YOU CAN WIN! All images submitted with sightings, that also give consent to use in conservation messaging, will be in with a chance to win an Oceanic Whitetip T-shirt and mug. The competition will run until the end of “Shark Month” in July – so keep those sightings (and images) coming in.
Basking Sharks
Basking Shark (Cetorhinus maximus) season is upon us, and the Shark Trust is asking everyone to keep an eye out for these majestic giants over the summer months. If you see any, you can record your sighting to the Basking Shark Sightings database.
Each year, these mighty fish return to British waters to feed on plankton. You may see one, (or a few if you’re really lucky) from around April-October. They can be seen feeding at the surface of the water, where they look like they’re basking in the sun. Thus, their name!
Sighting hotspots around the British Isles include southwest England, Isle of Man, north coast of Ireland, and western Scotland. The Sea of the Hebrides is the most prolific sightings area in Scotland, but they have been spotted all around the coast and have even ventured into some of the sea lochs. The Shark Trust has received thousands of sightings since the Basking Shark project began, but more data is needed to truly understand what is going on with population numbers and distribution. You can help by recording your sightings this summer.
Great Eggcase Hunt
The Shark Trust has an Easter Egg Hunt with a difference for you to try. Take part in the Great Eggcase Hunt and get involved with a big citizen science project that helps shark, ray and skate conservation. And it’s an enjoyable activity for all the family.
The Shark Trust also want snorkellers and divers to record their underwater eggcase findings. Underwater records help pinpoint exactly where sharks and skates are laying their eggs and can help link to beach records. Learning the depth and substrate that they lay on also helps better understand the species.
Find out more: https://www.sharktrust.org/great-eggcase-hunt
Whether you are diving, snorkelling or exploring on the beach you can take part in Citizen Science Month and get actively involved in shark and ray conservation. Find out more: www.sharktrust.org
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