Fishing boats worth €1.5m to be destroyed if owners take part in plan to slash fleet size

Trawlerman Manuel hauling in the fishing lines on board the Dingle-based Men Scoedec. Picture: Neil Michael

Fishing vessels worth up to €1.5m each will be destroyed if owners agree to take part in a government scheme to slash the size of the country's fleet.

The fishing industry has condemned what it called a financial “double whammy” for members taking part in the post-Brexit scheme.