Gloucester to take brunt of new NOAA fishing hits

manatthewheelThe port of Gloucester and its sector-based commercial fishermen could be crushed under emergency measures NOAA Fisheries is considering for Gulf of Maine cod, potentially losing as much as one-quarter of all groundfish revenues, according to a NOAA economic report. The ultimate revenue loss will be contingent on how far NOAA cuts the Gulf of Maine cod quota as part of the emergency measures to combat what the agency has described as the continued decimation of the area’s cod stock. Read the rest here 12:52