Fishing industry in Denmark for mackerel fish is also the same on one vessel. Additional sprat quota/sandeel quota may be purchased for Baltic Sea sprat and Norway pout fishing. The type of vessels forming the fishing fleets are; trawlers, gill netters and poundnets (50% in this category but with capacity of less than 5GT mostly gill netter); trawlers and purse seiners of 150 GT. A substantial part of the fleet operate under depths of 24 m. After a few prosperous years for Denmark's fishing industry, figures for 2012 were not so good with profits falling to some DKK 600 million from DKK 900 million
Individual fishing quota increased productivity, reduced waste, and higher revenues for fishermen. More than a dozen other U.S. fisheries are now managed by catch shares. Fishery managers say that in Alaska, where catch shares have been in place for several years, fishermen are now achieving higher prices for their catch. IFQs are usually initiated through the de facto privatisation of an otherwise public resource: the fisheries. Initial recipients of quota receive windfall profits through the gifting of share ownership, while all future entrants are forced to purchase or lease the right harvest fish. Many have questioned both the ethical and economic repercussions of