Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Shetland Islands Council forced to foot the £5.6m cost of Scalloway fish market

Post Thumbnail

Shetland Islands Council (SIC) will be forced to fund the entire £5.6 million cost of building the new Scalloway fish market after the scheme missed out on European funding.

Infrastructure services director John Smith confirmed yesterday that the European Maritime and Fisheries Fund (EMFF) had rejected a bid for around half the cost of the scheme, as the pot had run out of money.

A previous council decision was for Scalloway to go ahead even if the EMFF funding was not approved as it was deemed a “strategic” boost to the economy.

Mr Smith said that there was no doubt fisheries developments would continue to be funded at Scalloway, a view reinforced by Scottish Secretary David Mundell’s announcement of a transitional fund for the industry on Monday.

Mr Smith said: “The Scalloway market happened to be a project robust enough in its own content to allow things to go ahead anyway and it is absolutely a demonstration of the council’s commitment to the sector.”

>> Keep up to date with the latest news with The P&J newsletter

The EMFF had considered the Scalloway fish market a “good” project, but the council – which runs Scalloway as well as most other ports and harbours in Shetland – had been beaten to the punch by the £51 million Peterhead harbour redevelopment and Lerwick Port Authority’s own new fish market, which had scooped most of the leftovers from the massive Peterhead bid.

“More critical to the business case for starting up the Scalloway market is the volume and value of landings being made into Scalloway. That represented a good business for the council and recognition from the council that this was a strategic decision to be made,” added Smith.

The SIC gets 2.5% of the value of landings at Scalloway, and depending on the highly uncertain future for fisheries, the new fish market may be extended further if conditions require it.

Papers for a meeting of the harbour board on Monday say that money for the project will have to be borrowed and the financial implications of missing the Euro funding will be fleshed out in a report for the next cycle of meetings.

The report says: “The application for external funding was unsuccessful. The full project cost will therefore be funded by external borrowing. A report including detailed financial implications will be brought forward to the next cycle of meetings.”

Harbour board vice-chairman Alastair Cooper said: “We are vexed that we did not get the funding. When you consider the amount of money that went into Peterhead, and that Lerwick got some of what was left, I am not surprised.

“But that said, we are doing pretty well and on the basis of how it is going, we can manage without that grant. A few years ago, if we had not got the grant, it would not have gone ahead. The value of the fish sold now is making a difference and that is because of the fortunes of the industry.”

Already a subscriber? Sign in



More from the Press and Journal News team

More from the Press and Journal