Catch Quota Exchange market - call for tenders

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 4 of Regulation on commercial fishing for the fishing year 2023/2024.

When evaluating offers, the average price of the catch quota for the last month is used, which for cod is ISK 487.67 per/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 regulations.