The IVQ regime in Norway: A stable alternative to an ITQ regime?

Since the introduction of quotas and licences as important management tools, Norway has insisted on an individual vessel quota regime (IVQ). The main argument has been to avoid market-based transactions of quotas and vessels and secure stability in regard to a diverse fleet structure and decentralized ownership of scarce cod resources. Thus, an individual transferable quota system (ITQ) with a high degree of transactions and the potential for a heavy concentration of quota ownership and fewer vessels has never been an alternative. However, since the late 80s, the trawler fleet has been trapped within a web of unprofitable overcapacity. Within the frame of a closed management regime and a path-dependent IVQ system, the quota regime has been forced towards a market-orientated system for transactions. In this article, we analyze the Norwegian IVQ system and discuss whether the aggregate effects of the IVQ regime are congruent with the models’ profound ideals.     

Direct measurements of deep current at 162°E south of the equator in the Melanesian Basin: a trial to detect a cross-equatorial deep western boundary current

We conducted 1-year-long mooring observations four times below 2000?m, slightly south of the equator (2°39?? to 4°35??S) at 162°E in the Melanesian Basin in order to detect the southward deep western boundary return current crossing the equator. Contrary to our initial expectation of the deep flow scheme in the equatorial western boundary region, the observed results indicated a fairly complicated flow configuration. We analyzed the results with the help of a high-resolution model simulation. The ensemble average of the horizontal flow at each level near the deep western boundary indicates a significant westward flow at 2000 and 2250?m, with an insignificant southward component at 2500 and 2750?m. The annual mean meridional transports are very small (>1?Sv) and insignificant, with an ensemble-averaged value of 0.3?Sv (southward) ±0.4?Sv at most. Combining this with high-resolution model results, it is deduced that the southward transport of the deep western boundary current (DWBC) leaving the equator may be smaller than those obtained by low-resolution models, because of trapping of its fairly large fraction in the equatorial zone. Annual-scale flow patterns are classified into several categories, mainly based on the meridional-flow dominating or the zonal-flow dominating pattern. A case of the meridional-flow dominating patterns may possibly capture an annual-scale variability of DWBC, because its meridional transport variation, though somewhat weak, is consistent with that simulated. The zonal-flow dominating regime includes two types: long-lasting, almost steady westward flows and long-term zonal flow oscillations. The former seems to comprise well-known zonally elongated and meridionally narrow structures of the zonal flow beneath the thermocline in the equatorial region. The ensemble-averaged flow mentioned above is dominated by this type at the upper two levels 2000 and 2250?m, with total westward transport of 1.6?±?0.7?Sv. The latter type seems to be a manifestation of the vertically propagating equatorial annual Rossby waves.