The Faroe Islands decision to unilaterally set a quota for herring of 105,023 metric tons (MT) has dealt another big blow to the sustainable management of Northeast Atlantic (NEA) pelagic stocks.
While the Faroes’ new quota is three times greater than the share it was entitled to under the five-party management agreement with Norway, EU, Iceland and Russia, the move wasn’t that much of a surprise to many stakeholders who felt the writing was on the wall even before the island group that und…
