Tag Archives: Peterhead Fish Market
The Evolution of Auctions: Peterhead Fish Market Considers Electronic System
In the heart of Aberdeenshire lies Peterhead, the UK’s largest fishing port, where age-old traditions meet the winds of change. At its bustling fish market, buyers have long engaged in the lively ritual of the “shout auction,” where bids for boxes of fish echo through the air. However, the familiar cadence of voices may soon give way to the quiet hum of technology, as the Peterhead Port Authority finds the possibility of introducing an electronic auction system. This potential transition seeks to adapt to modern realities and enhance efficiency in fish trading. Photos, more, >>CLICK TO READ<< 06:50
No auction at Peterhead Fish Market after boycott by processors
The Aberdeenshire town is the biggest white fish port in Europe and the market is one of the largest. The dispute centres around Peterhead Port Authority’s decision to stop certain buying practices which it said are anti-competitive. It operates as a traditional shout auction with processors bidding for boxes of fish landed at the harbour. Until recently, as part of that, the practice of so-called bid sharing or ringing was commonly used, which is when buyers sometimes bid in groups rather than individually. However, Peterhead Port Authority, which runs the market, is putting a stop to this. >click to read< 07:29
