Bank collapse threatens fishing community in Denmark
News
16 Jun 2010 - 18 Jan 2016
When Danish fishing quotas were made transferable in 2007, fishermen in the coastal hamlet of Thorupstrand joined forces and bought fishing rights together. The fishers of Thorupstrand saw fishing activities disappear quickly from the neighbouring fishing communities, where boatowners sold their boats and quotas in order to cash in on the rapidly rising quota value. But unlike their neighbours, 20 fishers in Thorupstrand formed a co-operative and bought quota to secure the future fishing activities in the community.
Related Topics: Denmark
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