News

Dutch cutter fishing is significantly loss-making this year after a difficult 2021

Seafood
Netherlands
Published Sep 30, 2022

Tridge summary

Over the first 8 months of this year, the Dutch cutter fishery is estimated to have lost more than 20 million euros (20 to 30 million euros), whereby all fishing methods applied were on average loss-making. Boom trawl shows the most negative result of approximately -14 million euros, the twin rig fishery -4 million euros, the shrimp fishery -2 million euros, the quadriga (on Norway lobster) -1 million euros, and the fly shoot fishery (snurrevaad method, especially on mullet and squid). -3 million euros. Many cutters have been idle for a long time this year because it was expected that fishing would be unprofitable. The main reasons for the shutdown are high fuel prices (war in Ukraine), crew shortages, and cutter owners waiting to be able to remediate in the autumn of 2022.

Original content

Over the first 8 months of this year, the Dutch cutter fishery is estimated to have lost more than 20 million euros (20 to 30 million euros), whereby all fishing methods applied were on average loss-making. Boom trawl shows the most negative result of approximately -14 million euros, the twinrig fishery -4 million euros, the shrimp fishery -2 million euros, the quadrig (on Norway lobster) -1 million euros and the flyshoot fishery (snurrevaad method, especially on mullet and squid). -3 million euros. Many cutters have been idle for a long time this year because it was expected that fishing would be unprofitable. The main reasons for the shutdown are high fuel prices (war in Ukraine), crew shortages and cutter owners waiting to be able to remediate in the autumn of 2022. Downward trend The year 2021 (an entire year) shows a preliminary result of -3 million euros . In the years 2018, 2019 and 2020, the results were respectively +48, +9 and +5 million euros. It is expected that ...
Source: Agrimatie
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