Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


'Boat owners, most of whom have only reluctantly applied for the scheme because they cannot survive in the industry...'

Number of fishing boats to be scrapped doubles since February

Click on the flag for more information about Republic of Ireland REPUBLIC OF IRELAND
Friday, March 24, 2023, 07:00 (GMT + 9)

The number of fishing boat owners applying for decommissioning has more than doubled since last month.
 
According to Bord Iascaigh Mhara (BIM), which is administering the Department of Agriculture’s €75m Voluntary Decommissioning Scheme, 42 fishing boats are to be scrapped — up from a figure of 20 issued in February.
 
This is out of a total of 57 letters of offer that have been issued to the 64 owners who had initially applied last year from the 180-strong fleet eligible for decommissioning.
 
It is believed the largest number of boats from a single port to be scrapped are from Castletownbere, from where some 19 boat owners had originally applied to the scheme. The West Cork town heavily reliant on the fishing industry.
 
Image: courtesy The Fishing Daily
 
Vessel owners that avail of the scheme have to decommission their boat, and have it destroyed, by October 31.
 
BIM has said that four vessels have so far been decommissioned by specialist recyclers based in New Ross and Limerick, and the scheduling of the rest of the vessels for decommissioning is under way.
 
BIM chief executive Caroline Bocquel said: “We understand that any decision to voluntarily decommission vessels is a very difficult one for vessel owners.

“BIM has been working closely with the industry in recent months to assist vessel owners through the process."
 
As a result of the numbers accepting offers, BIM says this will free up an estimated €30m of quota — the amount of fish the EU said those boat owners would land — to be shared out among the remaining offshore fleet.
 
Brexit impact
 
The scheme, as well as a number of tie-up initiatives over the past two years, are designed to help mitigate against the quota and financial losses Irish fishers sustained because of Brexit.
 
Both schemes are funded by the EU’s Brexit Adjustment Reserve (BAR) fund, of which Ireland has been allocated €1.2bn.
 
To date, it is estimated that around €60m has been spent by the fishing industry since Agriculture Minister Charlie McConalogue's seafood taskforce recommended in 2021 that the industry get €423m in BAR-related funding.

Criticism of scheme
 
As of January this year, the total allocated to sectors in the fishing industry schemes was around €267m, far short of the original recommended figure.
 
This BAR fund was set up to help member states most affected by the Brexit deal with the resulting adverse economic, social, territorial, and environmental consequences.
 
Boat owners, most of whom have only reluctantly applied for the scheme because they cannot survive in the industry, will only get a proportion of the total value of their boats back.

Any fishing boat owners accepted for decommissioning will not only have to pay off any outstanding loans on their scrapped boats, but will also have to pay back EU funds they received during the pandemic.

Industry representatives have previously said the decommissioning scheme would have been more successful if it was better funded. 

Author / Source: Neil Michael / Irish Examiner

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Jul 8, 06:10 (GMT + 9):
Norwegian Cod Exports Navigate Quota Cuts with Record-High Prices and Strategic Market Shifts
Spain
Jul 8, 06:00 (GMT + 9):
Galician Fleet Sets Sail for Falklands with Cautious Optimism Amid Loligo Squid Uncertainty
Norway
Jul 8, 05:00 (GMT + 9):
Norway Pelagic Fishing Update Week 27
Chile
Jul 8, 00:10 (GMT + 9):
Chilean Aquaculture Rocked: FNE Seeks Record Fines for Millionaire Salmon Feed Collusion
Brazil
Jul 8, 00:10 (GMT + 9):
Sergipe's Shrimp Industry Thrives, Bolstered by Small Producers and Innovative School Lunch Program
Norway
Jul 8, 00:10 (GMT + 9):
Norwegian Shellfish Exports Shatter Records: King Crab, Snow Crab, and Prawns Drive Unprecedented Growth in First Half of 2025
New Zealand
Jul 8, 00:10 (GMT + 9):
Under Secretary Jenny Marcroft Urges Resilience: New Zealand's Seafood Sector 'Valued and Understood' Amidst Challenges
Chile
Jul 8, 00:00 (GMT + 9):
Other media | MundoAcuicola: King crab exports reach new record in 2025
Chile
Jul 8, 00:00 (GMT + 9):
Other Media | fishfarmingexpert: Two former salmon farming executives handed 800-day sentences
Chile
Jul 8, 00:00 (GMT + 9):
Other Media | SeafoodSource: Multi X defines the 'ABCs' of responsible farming in new sustainability strategy
Denmark
Jul 8, 00:00 (GMT + 9):
Other Media | SalmonBusiness: Why BioMar is quietly adding this ingredient to every salmon feed
Norway
Jul 7, 00:10 (GMT + 9):
Norwegian Seafood Exports Soar: Herring and Mackerel See Record Prices and Strong Demand in First Half of 2025
United States
Jul 7, 00:10 (GMT + 9):
End of an Era: Beloved US Lobster Purveyor Files for Bankruptcy After Decades of Service
Mexico
Jul 7, 00:10 (GMT + 9):
Mexico Bets Big on Tilapia Self-Sufficiency: Boosting Aquaculture as a Pillar of Food Sovereignty
Spain
Jul 7, 00:10 (GMT + 9):
Spanish Fishing Seeks Revival: II Seafood Forum Drives Innovation and Sustainability Amid Falling Consumption



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Global Squid Prices See Significant Rise in June Driven by Supply Shocks
China The overall price index for China's ocean-going squid surged in June 2025, reaching 281.07 points. While the Southwest Atlantic saw a supply glut, sudden fishing closures in the Southeast Pacific and ...
South Korea's Frozen Mackerel Imports Skyrocket in First Half of 2025
South Korea Imports surge by 51% year-on-year, driven by strong demand and market fluctuations, prompting the government to implement a zero-tariff policy to stabilize soaring domestic prices. SEOUL – Sout...
Sardines Sizzle as Mackerel Stabilizes in French Canned Fish Market
France Consumer demand for affordable, healthy protein fuels sardine's surge, while mackerel stabilizes amidst evolving market and supply pressures Paris – The French market for canned seafood is...
Norwegian Seafood Exports Soar: Herring and Mackerel See Record Prices and Strong Demand in First Half of 2025
Norway Buoyed by strong international demand and strategic shifts, Norway's pelagic sector defies global uncertainties with impressive value growth Oslo – Norway's pelagic seafood sector has repo...
 

Umios Corporation | Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Aquaculture Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER