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Addressing Economic Challenges of Trawlers in Denmark through Innovative Mortgage Solutions

In Denmark, we chose ITQ to tackle the significant economic challenges faced by trawler owners. By establishing a new mortgage security system, we aimed to assist boat owners in obtaining necessary quotas to bolster their investments. This innovative approach enhances the financial stability of large-scale trawlers and purse seiners. The success of this initiative has initiated an irreversible trend toward increased quota concentration among a select group of large vessels, transforming the economic landscape of the fishing industry.

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Addressing Economic Challenges of Trawlers in Denmark through Innovative Mortgage Solutions

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  1. Why did wechoose ITQ in Denmark • To solve the bigtrawler´seconomic problems • by creating a new mortgagesecurity for thoseboatownerswhoneeded more quota • to strengthentheirinvestments in capitaldemanding large scaleadvantages • Thiswas the succes: an irreversible proces increasing the concentration of quotason a few large trawlers and purseseiners

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