Tag Archives: quota reductions

Norway and Russia agree to slash cod, haddock quotas in Barents Sea, suspend capelin catch

The joint Norwegian-Russian Fishery Commission decides to reduce next year’s quotas to 725,000 tons. “After another round of constructive and good negotiations with Russia I am pleased that we have reached an agreement for 2019,” says Norwegian Fisheries Minister Harald T. Nesvik. “This will allow us to continue to harvest our joint fisheries in the Barents Sea in a sustainable way,” he adds. In 2019, the Barents fisheries will also see haddock quotas reduced quotas. The capelin catch will be halted. <click to read<

Arnold’s Cove plant owner anxiously awaiting decision on offshore 3Ps

Alberto Warehem is both frustrated and worried. The owner of Icewater Seafoods Inc. in Arnold’s Cove has yet to receive his allocation of offshore 3Ps Cod, even though the Department of Fisheries and Oceans (DFO) announced cod quotas for that fishing zone on Friday, May 19. For the 2017-18 season, the Total Allowable Catch (TAC) for 3Ps cod is 6,500 tonnes. This is a nearly 50 percent reduction from the 2015-2016 TAC of 13,490 tonnes. Wareham needs more detail, however, on how the quota reductions will impact his business. He has 200 workers who depend on the offshore cod quota. For the past several years, the offshore quota of cod gave them 10-12 weeks of work each season; or about 30-40 percent of their annual employment. click here to read the story 19:14