Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


'Boat owners, most of whom have only reluctantly applied for the scheme because they cannot survive in the industry...'

Number of fishing boats to be scrapped doubles since February

Click on the flag for more information about Republic of Ireland REPUBLIC OF IRELAND
Friday, March 24, 2023, 07:00 (GMT + 9)

The number of fishing boat owners applying for decommissioning has more than doubled since last month.
 
According to Bord Iascaigh Mhara (BIM), which is administering the Department of Agriculture’s €75m Voluntary Decommissioning Scheme, 42 fishing boats are to be scrapped — up from a figure of 20 issued in February.
 
This is out of a total of 57 letters of offer that have been issued to the 64 owners who had initially applied last year from the 180-strong fleet eligible for decommissioning.
 
It is believed the largest number of boats from a single port to be scrapped are from Castletownbere, from where some 19 boat owners had originally applied to the scheme. The West Cork town heavily reliant on the fishing industry.
 
Image: courtesy The Fishing Daily
 
Vessel owners that avail of the scheme have to decommission their boat, and have it destroyed, by October 31.
 
BIM has said that four vessels have so far been decommissioned by specialist recyclers based in New Ross and Limerick, and the scheduling of the rest of the vessels for decommissioning is under way.
 
BIM chief executive Caroline Bocquel said: “We understand that any decision to voluntarily decommission vessels is a very difficult one for vessel owners.

“BIM has been working closely with the industry in recent months to assist vessel owners through the process."
 
As a result of the numbers accepting offers, BIM says this will free up an estimated €30m of quota — the amount of fish the EU said those boat owners would land — to be shared out among the remaining offshore fleet.
 
Brexit impact
 
The scheme, as well as a number of tie-up initiatives over the past two years, are designed to help mitigate against the quota and financial losses Irish fishers sustained because of Brexit.
 
Both schemes are funded by the EU’s Brexit Adjustment Reserve (BAR) fund, of which Ireland has been allocated €1.2bn.
 
To date, it is estimated that around €60m has been spent by the fishing industry since Agriculture Minister Charlie McConalogue's seafood taskforce recommended in 2021 that the industry get €423m in BAR-related funding.

Criticism of scheme
 
As of January this year, the total allocated to sectors in the fishing industry schemes was around €267m, far short of the original recommended figure.
 
This BAR fund was set up to help member states most affected by the Brexit deal with the resulting adverse economic, social, territorial, and environmental consequences.
 
Boat owners, most of whom have only reluctantly applied for the scheme because they cannot survive in the industry, will only get a proportion of the total value of their boats back.

Any fishing boat owners accepted for decommissioning will not only have to pay off any outstanding loans on their scrapped boats, but will also have to pay back EU funds they received during the pandemic.

Industry representatives have previously said the decommissioning scheme would have been more successful if it was better funded. 

Author / Source: Neil Michael / Irish Examiner

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Orpagu and ABANCA strengthen ties to improve the financing and modernization of the fishing fleet
Spain • The new deal includes a variety of credit solutions tailored to address the industry's key challenges  • Products such as the naval mortgage stand out, which will allow longliners ...
US expands ban on Chinese seafood
United States The US Department of Homeland Security (DHS) has added another major Chinese seafood processor to its list of companies banned from exporting to the US due to forced labor concerns while closing t...
India’s seafood exports reach record high
India Frozen shrimp continued to be the top export item, both in quantity and value India's seafood exports achieved a record high in volume for the financial year 2023-24, overcoming challenges in major e...
VASEP Releases ´Vietnam Seafood Enterprises Map 2024´
Viet Nam In July 2024, VASEP will release "Map of Vietnam Seafood Enterprises 2024" updating the list and information of seafood processing and exporting companies by locality...The handheld publicat...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER