Government intervention called for with 'fuel cost rises catastrophic for fishing'

The Seafood Ireland Alliance (SIA) is urging the government to consider support measures as fuel prices surge.

“Fuel is the single largest operational cost for many vessels”, says Irish Fish Producers Organisation chief executive Aodh O'Donnell. “So, escalating fuel costs are placing severe pressure on Ireland’s fishing fleet and coastal economies, at a critical time for our sector.”

“Even though, fishing is recognised as having a low-carbon footprint, fuel is essential. When prices escalate to current levels and supply is reduced, the viability of many vessels is threatened.  For some operators, the economics of putting to sea are becoming increasingly difficult.”

“If vessels are forced to tie-up due to fuel costs, the consequences will impact on the entire seafood supply chain.  That includes landing ports, processors, exporters and the many coastal jobs linked to fishing activity.”

John Lynch CEO of The Irish South and East Producers Organisation says the pressure comes at a time when the Irish seafood sector is already facing a combination of economic shocks.

“The industry is confronting unprecedented challenges in 2026 due to significant quota reductions,” he said. “These cuts are expected to remove around €94 million in value at first point of sale. Increases in costs on top of these cuts will further degrade profitability.”

Patrick Murphy, CEO of the Irish South and West Producers Organisation, says the consequences extend well beyond the fleet itself. “This is not just about vessels.  In towns such as Killybegs, Clogherhead and Castletownbere, when vessels tie up, processors, transport operators and local businesses all feel the impact.”

He noted the industry has already absorbed a series of shocks in recent years. “Brexit quota losses, ongoing reductions in fishing opportunities and rising operating costs have already placed the sector under enormous strain.”

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Dominic Rihan CEO of the Killybegs Fishermen’s Organisation says Irish fishermen have shown resilience to previous fuel crises. However, sustained price increases risk creating a situation where vessels simply cannot operate at a viable level.”

Rihan said Government should examine all available measures to address extraordinary fuel cost increases and support the fleet during this period of adjustment.

“Other European fleets have previously benefited more than us from measures designed to offset exceptional fuel price spikes,” O Donnell said. “It is important Irish fishermen are not placed at a competitive disadvantage within the European sector.”

O Donnell says the SIA will continue engaging with Government and industry stakeholders as the situation develops, including through the Food Vision Seafood Group.