Image: Fiskeribladet / FIS
Ownership concentration in the Norwegian coastal fleet
(NORWAY, 2/16/2024)
New calculations for ownership concentration in the coastal fleet.
In the quota notification (Meld. St. 7 2023-2024 (regjeringen.no)) sreference is made to calculations for ownership concentration in the coastal fleet for figures from 2020. These calculations have now been updated with figures per 31/12/2023.
Source: Fiskeribladet
The table below shows ownership in the last level of ownership, i.e. personal level. A person can own a vessel "directly" or via a company. Quota bases in which a person, a company or an association has a direct or indirect ownership interest are assigned to the person, company or association according to the actual ownership interest. This means that if a vessel is part-owned by an industrial enterprise, it is the people behind the industrial enterprise that we have assessed the ownership concentration against.
*At first, the size of the quota factor for participant access for humphead wrasse is not indicated on the license or participant register of the Norwegian Fisheries Directorate. However, each boat has the same quota and there are no restrictions on where they can fish. To calculate the concentration of ownership of this group of vessels, for the sake of simplicity, we have set a share factor of 1 for individual participant access.
Source: Fiskeridirektoratet. Clic on the image to enlarge -->
Sources
The Directorate of Fisheries' license and participant register, the Directorate of Fisheries' brand register.
The calculations have been carried out on the basis of the information registered in these registers per 31/12/2023.
Calculation method
Ownership share for the quota is based on the ownership share an owner has in a vessel, and the vessel's quota factors are assigned to the owner relative to the ownership share in the vessel. The quota factors that are assigned to the individual owner are quota factors that are related to participant accesses that are validly associated with a vessel. We look at this against the total number of quota factors in the group.
Error sources
In the calculations of the owner's quota factors, participant accesses that are not validly associated with a vessel due to replacement permits etc. are not taken into account. However, these participant accesses are included in the total quota base in the individual group. This means that for some owners we calculate the shareholding is too low. If this applies to owners who come close to the ownership limit according to our calculations, there could be more who in reality exceed the maximum limit than what we have calculated.
Minority owners such as foreign companies, foreign nationals and persons behind foreign holdings are not registered in the Directorate of Fisheries' brand register. The same applies to shareholders in listed companies where the ownership composition changes rapidly.
Source: Fiskeridirektoratet (Translated from the original in Norwegian)
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