BIM has opened applications for the Brexit Temporary Fleet Tie-up Scheme targeted at whitefish vessels impacted by quota transfers
BIM has today opened applications for grant funding targeted at whitefish vessels impacted by quota transfers to the UK under the Trade and Cooperation Agreement (TCA).
The Brexit Temporary Fleet Tie-up Scheme was announced by Minster of the Marine, Charlie McConalogue on Wednesday 11 May 2022.
The purpose of the scheme is to temporarily mitigate the negative impacts on the white fish sector from:
- The reduction in quotas for 2021 arising from the Trade and Cooperation Agreement. The Scheme aims to mitigate losses associated with certain stocks included in Annex FISH.1 and FISH.2 of the TCA.
- Difficulties in accessing UK waters or third country waters due to Brexit.
The scheme will support white fish vessels in the Polyvalent and Beam Trawl segments to temporarily cease all fishing activity in a particular calendar month, thus increasing the quota available for remaining vessels.
Rockall Squid Vessel Option (RSVO) – extra month tie-up
Qualifying vessels meeting the following additional criteria may participate in the Scheme for either one or two calendar months in 2022:
Polyvalent vessels that have recorded total landings over 2019/20 of at least 5 tonnes of squid species , or at least 3 tonnes in either 2019 or 2020, logged as caught in ICES statistical rectangles 43D5, 43D6, 44D5 and 44D6 in area 27.6.b.2.
Who is Eligible?
- This Scheme is available to fishing licence holders of Irish sea-fishing Vessels licensed in the Polyvalent or Beam Trawl segment of the Irish sea-fishing fleet. Applicants must be actively engaged in fisheries for quota species covered by the TCA agreement.
- A vessel may participate in the Scheme for a maximum of two non-consecutive months in 2022. Vessels choosing to tie-up for two months must maintain a two-month gap between tie-up months.
- Applicants must have carried out and logged fishing activities at sea for at least 120 days in total over two consecutive calendar years, in either 2018/19 or 2020/21.
- Applicants who meet the requirements of the Scheme and who did not receive approval for payment and have not received a payment from BIM under the Brexit Inshore Fisheries Business Model Adjustment Scheme 2022.
What is Funded?
The scheme will offer a payment to eligible sea-fishing licence holders participating in the Scheme. Participating vessels will cease all fishing activity and remain in port for a calendar month period. The grant aided vessels in question must not engage in fishing activity of any sort for the duration of the grant aided period.