Tag Archives: Rock Lobster Industry Council
Coronavirus: Crayfish ‘losses will compound financial hardship’ for fishers
Moves by the government to support the crayfish sector in the wake of the Covid-19 outbreak may not be enough to stop some businesses going under,,, New Zealand fishers had already paid to catch those 400 tonnes at $50 a kilo, because the right to catch fish costs money, under a system known as ACE, or Annual Catch Entitlement. This is part of the quota management system. To alleviate those losses, after consultation with the industry the government yesterday announced it would allow fishing companies to carry forward 10 percent of the unused catch entitlements to next year.,, >click to read< 11:00
