Iceland has significantly raised its cod and haddock quotas for the new fishing year which begins on September 1st. The decision, particularly on haddock is certain to be welcomes by processors in the UK and Europe. Haddock remains a firm favourite in Britain.
The Minister of Fisheries has decided that the catch quota for cod should be raised to 255,172 metric tons, up by around 11,000 tons on the current fishing year. The figure is slightly less than the 257,572 tons recommended by Iceland’s Marine Research Institute.
The haddock quota goes up by over 5,000 tons to 39,890 tons. This is the first significant haddock..