Just to answer your first question, yes, there are fleets or fisheries in which there may be more licences than there are fish, or there are not enough fish to provide for them. There might be, but you have that on the east coast as well. The argument that we have to have open ownership because of the overcapacity is a false argument. The same problem has existed in Atlantic fisheries, in groundfish and so on, and has been resolved.
On February 20th, 2019. See this statement in context.