(CBS News) GLOUCESTER, Mass. -- On a bright summer day, you would expect the waters off Massachusetts to be filled with fishing trawlers looking for cod. But this year, many of the boats are staying in port -- and the crews fear their way of life may be slipping away.
For 400 years, cod dominated New England's fishing industry. It was central to the economy of Gloucester, Mass.
Al Cattone has fished here for three decades.
"It's the only job I've ever had," he said. "I started when I was 12 -- summers fishing with my dad. And once I graduated high school, I started full-time."
On a great day, he could reel in 2,000 pounds. But new government limits have reduced his catch to 500 pounds a day. He's on the water just once a week now instead of six.
How does he survive off of a once-a-week catch?
"You can't," he said, and then added, "I haven't been squeezed. I have been destroyed."
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National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
Today Sen. Lisa Murkowski (R-AK) introduced legislation to extend a permanent exemption for incidental runoff from small commercial fishing boats.
The National Working Waterfront Network is now accepting abstracts and session proposals for the next National Working Waterfronts & Waterways Symposium, taking place Nov. 16-19 in Tampa, Fla. The deadline is Tax Day, April 15.Read more...