Tag Archives: Economic Benefits

Removal of derelict fishing gear has major economic impact

Waterman EC Hogge with a derelict crab pot retrieved from the York River.A new study by researchers at William & Mary’s Virginia Institute of Marine Science shows that removal of derelict fishing gear could generate millions of dollars in extra harvest value for commercial fisheries worldwide. The study focused on a 6-year, collaborative program to remove derelict crab pots from Chesapeake Bay, showing that the effort generated more than $20 million in harvest value for area watermen. Extending their methodology to estimate the economic benefits of removing derelict crab pots and lobster traps on a global basis,,, Read the article here 08:49

Most of the Economic Benefits of the Bristol Bay Sockeye Fishery go to Alaska and Washington

radio-microphoneA report that was released back in May shows that the economic impact of the Bristol Bay sockeye salmon fishery extends across the country with most of the money flowing into Alaska and Washington state. KDLG’s Mike Mason recently spoke with one of the report’s co-authors for this story. [email protected]