Only three owners out of 57 paid in full months after fishing boat decommissioning scheme starts

Eight of the 57 fishing boats accepted for decommissioning have been scrapped but just three of their owners have received their money in full from the State. According to Bord Iascaigh Mhara (BIM), which administers the government scheme, another six boat owners are still waiting for 50% of the monies they are due. As the decommissioned boats have to be destroyed, there is now a waiting list for the country’s two specialist recyclers, in New Ross and Limerick. As of May 2, BIM says there were 11 boats waiting to be destroyed under the decommissioning scheme, which was set up to cut the size of the national fishing fleet because of reduced quotas in the wake of Brexit. >click to read< 10:16

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