State aid approval for liquidity aid for the Irish scallop fleet

Frozen Scallop
Innovation & Technology
Supply Chain Management
Published Nov 15, 2023

Tridge summary

The Irish Scallop Fleet will receive a €560,000 support package from the government to help offset losses caused by Brexit. The fleet, which targets scallops in the Irish Sea, Celtic Sea, and the English Channel, has been significantly affected by reductions in fishing time and logistical issues since the implementation of the EU-UK Trade and Cooperation Agreement. Eligible vessel owners can receive up to €80,000 per vessel based on the number of days at sea lost compared to previous years.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Minister McConalogue said: “I am pleased to announce that I have secured €560,000 State Aid approval for support for this segment of the Irish scallop fleet. The Specific Scallop Fleet Transition Support Scheme recognises that the EU-UK Trade and Cooperation Agreement (TCA) while directly impacting quota species, has also indirectly impacted non-quota species such as the scallop sector, which has been significantly affected by reductions in fishing time and logistical issues related to landed catch.” Prior to Brexit, scallop caught in the English Channel were landed into the UK and shipped directly back to Ireland for processing. These processed scallops were then re-exported to other EU countries. Post-Brexit, as a consequence of the TCA, these operators now face significant additional logistical and administrative burdens, with associated additional costs. On average the days at sea fished by this fleet segment has reduced from 217 days in the period 2018-2020 to 142 days in ...
Source: Fish Focus
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