National Fisherman

During a visit to Eureka Tuesday, Congressman Jared Huffman announced plans to introduce legislation aimed at alleviating the financial hardship of a federal loan that has been weighing on Pacific Coast groundfish fishermen for just under a decade.

Huffman's "Revitalizing the Economy of Fisheries in the Pacific Act" picks up where a bipartisan bill introduced in Sept. 2012 by former North Coast Congressmen Mike Thompson left off and would allow for the refinancing of a $35.7 million buyback loan authorized by Congress in 2003.

The opportunity to refinance the loan at a lower interest rate would give local groundfish fishermen the same opportunities as any homeowner or business, Huffman said during a news conference to announce the bill held outside the Humboldt Bay Aquatic Center Tuesday afternoon. The bipartisan bill would not require the federal government to spend any new money.

"It is becoming increasingly difficult for them (fishermen) -- especially small businesses -- to repay that debt, plus new fees -- higher fuel costs, higher health care costs -- and to remain in business," he said. "Like any of us, they would like to refinance. They would like to take advantage of these historically low interest rates that we have today, but they need an act of Congress to do that."

Read the full story at Willits News>>

Inside the Industry

Abe Williams, who was elected to the Bristol Bay Regional Seafood Development Association board last spring, has been selected as the new president as of September.

Williams fishes the F/V Crimson Fury, and is president of Nuna Resources, a nonprofit that supports sustainable resource development in rural Alaska, including fighting for an international solution to issues raised by the proposed Pebble Mine project.


The Harte Research Institute for Gulf of Mexico Studies at Texas A&M University-Corpus Christi is teaming up with leading shark-tracking nonprofit Ocearch to build the most extensive shark-tagging program in the Gulf of Mexico region.

In October, Ocearch is bringing its unique research vessel, the M/V Ocearch, to the gulf for a multi-species study to generate previously unattainable data on critical shark species, including hammerhead, tiger and mako sharks.

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