The Icelandic Marine Institute is recommending a quota of 32,000 tons compared to 45,000 tons for the current year.

Research suggests that the stock is declining rapidly due to poor recruitment and the situation is not likely to improve for the next year or two at least.

The long term outlook, however, is a bit brighter, but it will be some time before there can be an increase in haddock catches.

The haddock situation is in stark contrast to that of cod. As reported yesterday, the new cod quota has been increase by 19,000 tons to 196,000 tons for the 2012-13 fishing year, and further increases can be expected in the future.

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