The Catch 22 of New England Fisheries’ Catch Share Scheme

“Man, I was gonna hit it big,” Maxfield recalls. “When I started, I saw myself in an industry where the average age of a captain was around 55 or 60, and I’m thinking, well, these guys are gonna start retiring.” He began saving money toward buying his own boat. Maxfield, now 36, has his boat at last — but no groundfish to catch with it. Cod stocks in the Gulf of Maine have cratered. continued