Responsible Management
Management of the fishing grounds around Iceland is based on allocating a fixed share of the permitted catch of the various species to each vessel. The government, spearheaded by the Ministry of Fisheries, works tirelessly to ensure self-sustaining utilization of the natural resources. All decisions are based on scientific criteria and the careful work of the Marine Research Institute.
Protection of the fish in Iceland’s fishing grounds is based on three main methods:
Catch regulations, which are developed for each utilizable fish stock. This involves deciding yearly how large a proportion of the stocks may be allocated for fishing.
Regulations controlling the fishing gear. Emphasis is placed on the efficacy of the equipment used, which means that effort is made to fish only those species and sizes that are sought.
Protection and closing of specific areas. This means that use of certain equipment is banned in specific areas or the area is completely closed to fishing. This is done to protect, for example, spawning fish or the juvenile fish.
These regulations are enforced with extensive policing that is second to none in the world.