Written by Jen Finn
Over the first two years of catch share fishing, through 2011, debt to the Gloucester Fishing Community Preservation Fund for the lease of the allocation of fish from the permits acquired by the fund to help keep Gloucester boats active climbed almost 700 percent to nearly $800,000, according to the fund's 2011 filings with the Internal Revenue Service and the state attorney general.
Gloucester fishermen interviewed for this story said the spike in debt for the lease of quota reflects the increasing desperation of fishermen to remain at work even without the resources to pay or provide collateral for the additional fishing rights that the preservation fund provides.
A number of fishermen said they had leased quota in small amounts — no more than $3,000 — without providing collateral, and were appreciative of the courtesy.
Read the full story at Gloucester Times>>
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
Alaska Gov. Bill Walker is required by state statute to appoint someone to the Board of Fisheries by today, Tuesday, May 19. However, his efforts to fill the seat have gone unfulfilled since he took office in January. The seven-member board serves as an in-state fishery management council for fisheries in state waters.
The resignation of Walker’s director of Boards and Commissions, Karen Gillis, fanned the flames of controversy late last week.
Keith Decker, president and COO of High Liner Foods, will take over for the outgoing CEO, Harry Demone, who will assume the role as chairman of the board of directors. The Lunenburg, Nova Scotia-based seafood supplier boasts sales in excess of $310 million (American) for the first quarter of the year.Read more...