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12th December 2023

This news article is more than a year old

Catch Quota Exchange market - call for tenders

The exchange market opens today, Tuesday, December 12th, 2023 at 14:00. The deadline for submitting offers is until 14:00 on Tuesday 19th December 2023.

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

Type

Cod-equivalent

Quantity

Arnarfjardarshrimp

0,63

8.798

When evaluating offers, the average price of the catch quota for the last month is used, which for cod is ISK 481.09 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 14,000. according to service fees of the Directorate of Fisheries.

  • Please familiarize yourself with the exchange market regulations.