This report is a contribution to the Strategic Environmental Assessment (SEA7) conducted by the Department of Trade and Industry (now Department of Energy and Climate Change).The class Cephalopoda comprises three major divisions, of which two: Decapoda (squids and cuttlefish) and Octopoda (octopods) are represented in the SEA 7 Area. They are highly developed, but short-lived molluscs with rapid growth rates. They are important elements in marine food webs and interact significantly with marine mammals, seabirds and commercially exploited finfish species. They also represent a promising future fishery resource in terms of market value, abundance and growth potential.

At present, only an estimated 10% of exploitable stocks are utilised worldwide. There are six marketable squid species that occur in the SEA 7 Area. These belong to the long-fin (loliginid) and short-fin (Ommastrephid) squids the two most important exploited families of decpods. In the SEA 7 Area, only one species, Loligo forbesi is commercially exploited on a regular basis, although there are significant landings of other species on occasion. The closely related Loligo vulgaris sometimes appears in catches and the small Alloteuthis subulata is thought to be naturally abundant and an important food item in the marine ecosystem.

There are other important species represented in the SEA 7 Area. These include cuttlefish, octopods, sepiolids and a number of deep-water species. Most of these are marketable and may be ecologically important. Large fisheries for some of these species, particularly octopods and cuttlefish operate in European waters further south, but they are not currently exploited in the SEA 7 Area.