The Minister for the Marine has announcced a one month extension to the Brexit Voluntary Tie-up Scheme
McConalogue announces one month extension to the Brexit Voluntary Tie-up Scheme for fishing vessels to improve quota availability for vessels who continue fishing
Minister for Agriculture, Food and the Marine, Charlie McConalogue, has today announced an extension of the 2022 Brexit Voluntary Temporary Fishing Vessel Tie-up Scheme for the polyvalent and beam trawl fleets to include the month of November 2022.
The scheme is an extension of the 2021 Tie-up scheme, with some modifications, and will help mitigate the impacts of quota cuts for 2022 arising from the Brexit Trade and Cooperation Agreement. The scheme delivers on a recommendation of the Report of the Seafood Task Force – ‘Navigating Change’ (October 2021) and is proposed for funding under the EU Brexit Adjustment Reserve. In light of the quota cuts taking effect in 2022.
Size of vessel (overall length) Calculation based on income minus variable costs (fuel, provisions)
Payment per 1 month tie-up period
Under 10m – €4,600
10m – 11.99m – €7,100
12m – 14.99m – €14,200
15m – 17.99m – €24,500
18m – 20.99m – €45,400
21m – 23.99m – €59,000
24m – 39.99m – €88,700
The Scheme will be administered by Bord Iascaigh Mhara and further details will be available from BIM at bim.ie/fisheries/funding/