Don Cuddy: Sector reopenings benefit to New Bedford remains to be seen

The news emerged on July 19 that NOAA approved a plan that may now permit some New Bedford fishermen back to work. ,,,So while this decision is a small step forward for the groundfish industry here, it is not yet time to set the church bells ringing since the majority of the inactive quota is owned by inactive fishermen. When the catch share system was introduced in 2010 it gave all permit holders a slice of the pie- the “pie” being a share of the TAC, or total allowable catch, for the annual fishing year, which for groundfish begins on May 1. Individual allocations were based on a permit holder’s catch history over a ten-year period from 1998 to 2008, I believe it was. That effectively means all of the cod, haddock and flounder swimming around on Georges Bank, more than one hundred miles offshore, have someone’s name on their backs, similar to a herd of cattle,,, leased , sold, or traded,,, >click to read<20:53

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