The Icelandic pelagic sector and its development under an ITQ management system

During the past three decades considerable changes have taken place within the Icelandic pelagic industry which, previously considered rather fragmented, is now a highly concentrated vertically integrated industry due to considerable consolidations of quotas. During this period, changes in the ecosystem around Iceland have also brought valuable pelagic species such as Atlanto-Scandian herring and Atlantic mackerel to the EEZ, while other species...