National Fisherman


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>>

Inside the Industry

The New England Fishery Management Council recently elected Dr. John F. Quinn of Massachusetts and E. F. “Terry” Stockwell III of Maine to serve respectively as chairman and vice chairman in the year ahead. The two have led the Council since 2014 but reversed roles this year. 

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Vigor will debut an affordable 142-foot freezer longliner designed specifically for North Pacific fishing at the 2016 Pacific Marine Expo in Seattle.

 

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