The Danish authorities have approved grants totalling DKK203 million to decommission 31 fishing vessels.
This round of scrapping grants is directly as a result of lost fishing opportunities due to Brexit. The scheme opened in September, providing fishermen with opportunities to apply for decommissioning support and to mitigate the negative effects of Brexit.
As the scheme closed for applications on 1st November, 54 applications with a total value of close to DKK500 million had been received, well in excess of the DKK204 million made available under the budget available.
As the 54 were reviewed, the total was whittled down as only 35 applications were found to meet the full criteria.
These have been prioritised according to set criteria, and 31 vessels selected for being taken permanently out of operation and scrapped not later than 31st July 2023.
