Tag Archives: fleet rationalization
Five years after ‘catch shares’ and ‘sectors,’ groundfish industry is on the rocks
Five years have now gone by since the reshaping of the Northeast fishery, five years that the the Northeast groundfishing industry does the best it can under a new set of rules. Five years ago, few knew the definition of the word “sector” as Fisheries was suddenly using it. Basically they are what most people would call co-operatives. “Catch shares” were a bit easier; it’s another word for quotas. And it’s the catch shares, not so much the sectors, that many believe are at the root of the problem. Read the rest here 09:00
