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 of the US Gulf Red Snapper quota. The consolidation results in job loss, reduced wages, and decreased entry opportunities into the fishery. Many IFQ systems involve the temporary transfer of fishing rights, whereby the owner of quota leases the fishing rights to active fishermen in exchange for a fixed percentage of the landed value of fish. Since quota acquisition is often beyond the financial means of many fishermen, they are forced to sacrifice substantial portions of their income in order to lease fishing rights. For example, Bering Sea crab lease fees can be as high as 80% of the landed