Norwegian and Russian researchers are recommending a 20 percent cut to the Barents Sea cod quota for 2023, setting the total allowable catch (TAC) at 566,784 metric tons.
The move, which has been largely expected by the industry, means the quota in one of the world’s most important whitefish fisheries will be at its lowest since 2009.
The quota was already slashed 20 percent for the current year to 708,480 metric tons and the latest cuts will likely put even further pressure on the current soaring prices.
