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 Individual fishing quota Individual fishing quotas (IFQs) also known as "individual transferable quotas" (ITQs) are one kind of "catch share", a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries (generally, a single species in a single fishing ground) around the world had adopted some variant of this approach, along with approximately