Multi-million dollar capelin fishery is a bust for eastern Newfoundland

The Lone Wolf is lying idle at the wharf in Hickman’s Harbour, Trinity Bay. The only sound is the lap of water against hull, the occasional screech of sea gulls flying past, hunting for food. Earlier this year the Department of Fisheries and Oceans (DFO) set a quota of around 15,000 metric tonnes for fishing zones from the south coast (area 3Ps) to the North East coast (2J, 3K and 3L zones). Inshore licenses, like the one the Marshes have, grant them just 12,000 pounds of crab. “This year we landed $82,000 worth,” she said. And that’s not a whole lot of money to pay a crew and cover the expenses of running a boat. “Last year I could fuel up my boat for $800,” she noted. “This year it costs $1600.” Capelin could have added another $30-40,000 to their seasonal revenue, making it the second most important fishery for their enterprise. But they’re not fishing it. Why not? It’s complicated. >click to read< 11:05

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