danish compensation baltic sea

The Danish Government has issued notice of compensation for cod and herring fishers in the Baltic Sea

The Danish Government has announced the payment of compensation to fishers affected by the quota reductions for cod and herring in the Baltic Sea during 2020.

The Danish Fisheries Agency is initiating the payment of compensation to 86 fishermen and fishing companies who have been hit by the changes.

In connection with the quota negotiations, the cod quotas for 2020 were reduced by 92 per cent in the eastern Baltic Sea and 60 per cent in the western Baltic Sea compared to 2019. 

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Likewise, the quota for herring in the western Baltic Sea in 2020 has been reduced by 65 per cent. The reductions have put further pressure on fishermen in the Baltic Sea, who in recent years have experienced significant reductions in fishing opportunities, especially for cod.

The government and a broad majority of the parliamentary parties therefore decided in February 2020 to establish a support scheme for fishermen in the Baltic Sea.

Against this background, the Danish Fisheries Agency has set up a compensation scheme, the purpose of which is to provide support to the cod and herring fishermen who in the years 2017-2019 have had at least 30 percent of their total landings in the Baltic Sea and which are therefore significantly affected by quota reductions for cod and herring in the Baltic Sea in 2020.

A total of DKK 10 million (€1.4m/£1.2m) has been set aside for the scheme which is funded by national funds.

The compensation is provided within the EU rules on legal state aid (de minimis aid) in the fisheries and aquaculture sector. This means that each applicant can receive a maximum of EUR 30,000 (approx. DKK 223,000) in support over a three-year accounting period.

The Danish Fisheries Agency has received a total of 120 applications for compensation. Of these, 86 applications comply with the conditions of the scheme, while 34 do not comply with the conditions of the scheme and are rejected. Compensation is paid for so far is approx. 8.5 million kr (€1.14m/£1.0m) but the scheme is still open to vessel owners.

Source

Brian J McMullin Solicitors
MMG Welding Killybegs

Compensation announced for Danish Baltic Sea Cod and Herring fishers

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