date:Jun 29, 2012
cod trawlers were owned by a total of 15 different ownership groupings. The largest of these controlled around one-third of the rights, while the second largest controlled around 15 per cent.
This means that two ownership groups controlled around half the rights in 2010. In comparison, in 2004 the two largest owners controlled 34 percent of the rights.
Increased Profitability and New Boats
The oldest trawlers were built in the early 1970s and no new ones have been built since 2003. Several ve