Gloucester's fishing schooners used about 40,000 tons of ice a year in 1876, and when father and son Dick and Scott Memhard acquired Cape Pond Ice Co. more than a century later in 1983, the boats were still using about the same amount.
But now, with the industry in free fall, the company's fish ice sales have fallen by 90 percent, to 4,000 tons a year. And with far worse times around the corner assured by federal regulators, the Memhards have put the business up for sale.
Scott Memhard cited the decision by NOAA against allowing the industry a second year of relief via interim catch levels as forcing his hand. The first year of interim limits held the reduction in Gulf of Maine cod to only 22 percent but without the same for the 2013 fishing year beginning May 1, landings will be compressed by 77 percent. And with $1 million in debt coming due, Memhard said he has little choice.
Read the full story at Gloucester Times>>
National Fisherman Live: 9/9/14
In this episode:
Seafood Watch upgrades status of 21 fish species
Calif. bill attacking seafood mislabeling approved
Ballot item would protect Bristol Bay salmon
NOAA closes cod, yellowtail fishing areas
Pacific panel halves young bluefin harvest
National Fisherman Live: 8/26/14
In this episode, National Fisherman Publisher Jerry Fraser talks about his early days dragging for redfish on the Vandal.
More than a dozen higher education institutions and federal and local fishery management agencies and organizations in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands and Hawaii have signed a memorandum of understanding aimed at building the capacity of the U.S. Pacific Island territories to manage their fisheries and fishery-related resources.