Scottish fishing leaders warn of £16 million blow as 44% cod cut hits Shetland fleet

Scottish fishing leaders warn of £16 million blow as 44% cod cut hits Shetland fleet

Scottish fishing leaders have warned of a punishing year ahead for Shetland and the wider Scottish industry after a 44% cut to cod quotas agreed in UK, EU and Norwegian talks. The Shetland Fishermen’s Association estimates the reduction will wipe more than £16 million from the islands’ economy in 2026, with family-owned boats and shareholder crews in one of Scotland’s most fishing-dependent communities under particular strain. Daniel Lawson, SFA…