National Fisherman


The U.S. Small Business Administration has announced the availability of long-term, low-interest loans for people affected by chinook salmon fishery disaster declaration. However, some local fishermen say they are uninterested in taking out loans to recover from last season.

Businesses in affected areas in the Kenai Peninsula Borough, Lower Kuskokwim and Lower Yukon Rural Education Attendance Areas, the Matanuska Susitna Borough, and some neighboring areas, can apply for the loans until Aug. 21, 2013.

Applicants must have a credit history "acceptable to the SBA," must prove that they can repay the loan and must provide collatoral for all loans over $5,000 according to the SBA fact sheet on economic injury disaster loans. While the SBA will not decline loans based on a lack of collateral it will require borrowers pledge collateral that is available.

Read the full story at Homer News>>

Inside the Industry

The National Fish and Wildlife Foundation announced last week the sixth round of grant awards from its Fisheries Innovation Fund, a program launched in 2010 to foster innovations that support sustainable fisheries in the United States. 

The goal of the Fisheries Innovation Fund is to sustain fishermen and fishing communities while simultaneously rebuilding fish stocks.

Read more...

Alaskan Leader Fisheries will give Inmarsat’s new high-speed broadband maritime communications service, Fleet Xpress, a try on the 150-foot longline cod catcher/processor Alaskan Leader.

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