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News overview

24th October 2024

News overview

24th October 2024

Catch Quota Exchange market - call for tenders

The exchange market has opened. Deadline for submitting tenders is until 12:00 on Thursday the 31st of October 2024.

fiskistofa fish in net photo

The Directorate of Fisheries calls for tenders for exchange of catch quotas in specified specie below in exchange for catch quota in cod. According to Article 8 of Regulation on commercial fishing.

Type

Cod values

Quantity

Haddock

0,64

71.450

Saithe

0,67

50.048

Redfish

0,61

1.453.944

Ling

0,57

42.242

Blue Ling

0,43

12.720

Tusk

0,29

80.064

Catfish

0,47

6.331

Spotted Catfish

0,64

14.119

Monkfish

1,17

8.968

Greater Argentine

0,26

650.469

Greenland Halibut

1,92

491.988

Plaice

0,91

384.131

Lemon sole

1,32

47.346

Witch

0,62

71.970

Dab

0,34

17.602

Icelandic Summer-spawning Herring

0,19

4.047

Deep-sea Shrimp

0,81

240.461

Shrimp off Snæfellsnes

0,86

19.875

Norway Haddock

0,21

30.157

Sea Cucumber Area A

0,19

8.321

Sea Cucumber Area B

0,19

2.756

Sea Cucumber Area C

0,19

2.120

Sea Cucumber Area D

0,19

2.385

Sea Cucumber Area E

0,19

21.730

Sea Cucumber Area F

0,19

12.985

Sea Cucumber Area G

0,19

52.841

Sea Cucumber Area H

0,19

17.490

Sea Urchin Area A

0,36

2.597

Sea Urchin Area B

0,36

4.611

Sea Urchin Area C

0,36

3.074

Breiðasund Scallop

0,21

2.650

Hvammsfjörður Scallop

0,21

1.325

When evaluating offers, the average price of the catch quota for the last month is used, which for cod is ISK 507,35 kr/kg.

Offer is sent through the Directorate of Fisheries new tender market system. Authorized signatories or persons who have been granted a power of attorney, see instructions, can submit an offer to the tender market in a user-friendly and simple way.

  • There is no minimum bid requirement.

  • Each allocation of quota costs ISK 15,400. according to service fees of the Directorate of Fisheries.

  • Please familiarize yourself with the exchange market regulation.