Decision ID: 000395

In October 1994 the 1971 Fund Executive Committee considered a claim by a company operating a salmon farm outside the exclusion zone established by the United Kingdom Government for loss of profit as a result of not introducing smolt into the farm in 1993 as planned. It was noted that the company had maintained that it had intended to purchase new equipment as part of its expansion programme, but that due to the uncertainty within the Shetland salmon industry in the aftermath of the incident and the depression in the price of salmon, the company had lost confidence and had decided not to purchase the equipmet, which prevented it from introducing the smolt as planned. The Committee decided to reject the claim on the grounds that the alleged losses could not be considered as damage caused by contamination, but were a result of the claimant’s decision not to order equipment.

Date: 30.09.1994
Category: Pure economic loss (fisheries and mariculture)
Subject: Specific claims considered by the governing bodies