Fishing Speed

is the amount of time it takes the player to catch an item or Sea Creature.

Mechanic
The amount of ticks it will take for the player to catch something is dependent on these formulae:

$$ \begin{align} BaseTicks &= \text{Random number between }200 \text{ and } (400 - 10 \times LureEnchantmentTier) \\ Ticks &= BaseTicks \times OtherMultipliers \\ No. of Seconds &= \left\lfloor\frac{Ticks}{TicksPerSecond}\right\rfloor \end{align} $$

The amount of OtherMultipliers are specified from different Talismans, Fishing Rods, Fishing Baits, and Pets. The amount of TicksPerSecond can vary, but is 20 by default.

Ways to Increase
A Fishing Speed equates to an  discount to the Ticks in the equation above.

Maximum Fishing Speed
The maximum fishing speed can be obtained through the following method, using these items:
 * Shredder, Auger Rod, or Rod of the Sea (+75 )
 * Enchant your fishing rod with
 * Note: Fishing reforges/recombobulators on fishing rods are not necessary for increasing this stat.
 * Note: The enchantments and  are not needed for the maximum.
 * Flying Fish Pet ( - ) Lvl 100 (+40 )
 * Fish Bait (+30 )

Trivia

 * stacks multiplicatively.
 * The stat reduces the fishing time directly by the.
 * For example, a rod with 50% faster will fish substantially more than 50% more items in the same period compared to a rod with 0% faster . If the rod with 50% faster  takes 15 seconds to fish something up, it actually takes 7.5 instead (15 * (1 - 0.5) = 7.5 seconds).