Iceland’s Fisheries Ministry allocates 32,000 tonne special purpose quota

Icelandic Fisheries Minister Kristján Thór Júlíusson has acted on the legislation that allows 5.3% of the overall quota to be held back for a range of particular purposes, including supporting coastal communities, quota markups for longliners, coastal fisheries, support for shrimp and shellfish vessels, sport fisheries and to met other temporary requirements.

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New Far East factory venture secures extra quota

The new Russian Pollock factory, a joint venture between The Russian Fishery Company (RFC) and the DV Invest, will net an additional 14,500 tonnes of pollock and herring quotas once it is operational. The factory, due to be built in the Nadezhdinskaya priority development territory near Vladivostok, represents an investment of $12-15 million.

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Capelin at the heart of Iceland-Faroes dispute

Faroese fisheries minister Høgni Hoydal has expressed his surprise at the turn of events that resulted in Iceland suspending access for the Faroese fleet to Icelandic waters, not least at the actions of the Icelandic authorities. He has protested at the decision to rescind the fisheries agreement between the two nations, which he has described as unusual and illegal.

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