Arnold Hansen Director Marine Technology Centre Trondheim Norway Norwegian fisheries are presently facing serious problems, but also some promising challenges. Most important is the fact that nearly all the major fish stocks have been over-exploited, either by an overall too large fishing effort or a too large effort on wrong year-classes, resulting in stock-sizes reduced well below an economically optimum level or even nearly depleted. The atlanto-scandic herrings, for instance, has been below an exploitable level for several years. The recommended total allowable catch of Norwegian-Arctic...