Directorate of Fisheries
Catch Quota Exchange market - call for tenders
10th June 2024
The exchange market opens Monday, 10th of June 2024 at 12:00. The deadline for submitting tenders is until 12:00 on Tuesday the 18th of June 2024.
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 values | Quantity |
|---|---|---|
Mackerel | 0,16 | 6.465.947 Kilos |
Shrimp at Snæfellsnes | 0,8 | 19.875 kilos |
When evaluating offers, the average price of the catch quota for the last month is used, which for cod is ISK 473,34 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 regulations.