The east Atlantic-Mediterranean penaeid Melicertus kerathurus constitutes a valuable resource for Mediterranean fisheries. In recent years, its world production is almost totally based on the yields from Greece and Tunisia. A two-year study of prawn stock in Thermaikos Gulf (NW Aegean Sea) provided information on age, growth and mortality of the species. M. kerathurus exhibits a marked sexual growth dimorphism, with females showing an overall wider size range and greater size than males. Mean monthly size, CL max were also in favor of females. Monthly age classes varied from one to four for females and from one to three for males, and corresponded to three generations (0 +, 1 +, 2 +). New generation (0 +) cohorts recruited into fishery in waves, from late summer to February. According to the von Bertalanffy growth curve, females grow larger than males, but there is a prominent seasonal growth oscillation in both sexes (females: CL ∞ = 62.48, K = 1.15, C = 0.87, WP = 0.16, Rn = 0.170; males: CL ∞ = 47.78, K = 1.28, C = 0.97, WP = 0.12, Rn = 0.205). Growth performance indices ( φ′, φ) and longevity were in favor of females. K values for both sexes in Thermaikos Gulf are the highest reported for the species, suggesting a higher growth rate and a lower longevity. Estimated values for total, natural and fishery mortality were greater in males. In both sexes, an exploitation rate E > 0.5 was found, implying an intense fishing impact on M. kerathurus stock in Thermaikos Gulf. Intense exploitation in other parts of the Mediterranean and eastern Atlantic, along with the replacement of the species by Eritrean penaeid prawns in the eastern Mediterranean, has resulted in a severe reduction in catches, in most countries. Thus, existing stocks of M. kerathurus should be considered as potentially endangered, and species-specific initiatives towards sustainable management of this resource should be implemented.
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