The recommendation from the International Council for the Exploration of the Sea (ICES) that there should be a substantial cut in catches of Barents Sea cod (Gadus morhua) in 2015 has brought some much-needed optimism to the Norwegian whitefish sector.

In June, ICES’ scientists announced that on the basis on the joint Russian-Norwegian Fisheries Commission management plan, next year’s total allowable catch (TAC) for Barents Sea and Norwegian Sea cod should be set at 894,000 metric tons (MT)…