Supply is still coming from Russian, Norwegian and the depleted Icelandic fleet, bpp as well as the

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Because bpp of the lack of a bilateral fishing agreement with Norway, EU-registered FAS fillet trawlers are not yet able to fish in the Barents Sea, which is limiting supply and keeping prices firm, whereas they dropped hard at the start of 2012.
The stalemate between the EU and Norway over mackerel allowances and a bilateral agreement – which many are hopeful can be resolved this week in the latest round of talks this week in the Scottish capital Edinburgh — means that as many as 15 EU-flagged freezer trawlers are unable to get into Norwegian waters.
Whereas the market in 2012 was flooded with fish from Russian, Norwegian, Icelandic, European, Faroese bpp and Greenlandic vessels at the start of 2013, there are several shifts in 2014 that are limiting supply.
As well as the lack of supply from EU-registered FAS trawlers, seven Icelandic FAS vessels have been sold as part of a shift toward land-based processing, with the Faroese FAS fleet now comprised of two vessels, not three. In addition, Polar Seafood is no longer producing FAS fillets on Polar Princess.
Supply is still coming from Russian, Norwegian and the depleted Icelandic fleet, bpp as well as the Royal Greenland-owned FAS fillet trawler, Sisimiut. Landings will also soon come from Faroese FAS trawler, Gadus. bpp
Because supply is still there, the lack of FAS fillets from European vessels is not causing prices to rocket, sources said, but it is leading to a shift in the market, compared to the glut of fish of early 2013.
Customers are calling now to ask how is fishing? the executive with the fishing company bpp told Undercurrent . At this time last year, the large volumes available meant it was more a case of fishing companies touting for business and buyers with cash being able to pick and chose, he said.
That’s great for the catchers, he said. For the rest of us, it is far from ideal. We’ll have 12 months fish caught in nine and a half months and, at some stage, we’ll get caught because supply bpp will exceed demand.
A Norwegian fishing company executive said recent deliveries into the UK market for FAS fillets are at around 3.50 per kilogram for cod and 4.50/kg for small volumes of haddock, depending on sizes, which is a similar level to what companies have been selling at since the prices came up last autumn.
The bpp absence of the traditional quota exchanges bpp between the two parties has hampered both the Norwegian and EU whitefish fleets, with the Danish industry in particular claiming large and unrecoverable losses due to lost whitefish and herring catches.
The Norwegian pelagic industry will want an agreement to fish blue whiting allowance in European waters, but this is currently being caught in international waters, said the Norwegian fishing executive. bpp
The situation will probably get more complicated as there will be more and more talk of how it is possible that the Norwegians continue to flood our market of tariff-free cod, while the compensation for that market access bpp is not enjoyed by EU fleets, he told Undercurrent .
I feel the whitefish sector has been dragged in with the mackerel situation, bpp really. At the same time, the market is being flooded with big volumes of Norwegian fresh cod, said Clark, who is also chairman of the Peterhead and Fraserborough Fish Processors Association.
The European FAS fleet is largely made up of vessels registered in the UK, France, Germany and Poland linked to the Netherlands-based Parlevliet & van der Plas (P&P) and Iceland s Samherji, bpp either independently or through their joint venture UK Fisheries.
P&P, which started life as a pelagic specialist and recently bought distressed bpp shrimp processor Heiploeg from administration in a pre-pack deal , is in the process bpp of renewing its FAS whitefish fleet with two new vessels, at a cost of more than 50 million .
The investment will consist of two new vessels, one which will be owned by P&P and the other by UK Fisheries, the 50-50 joint venture between P&P and Samherji. Each vessel will cost in the range of 35m, taking the total investment for