New England Fishmongers say catch shares are driving them out of business

September 8, 2019 New England

If things can’t turn around for Capt. Tim Rider, the owner of New England Fishmongers, he and his business partner will be out of business at the end of this month.,,, Beto,,, The biggest economic hurdle for Rider, who still uses a rod and reel to bring in most of his fish, is catch shares. That’s when part of a share of a species of fish is allocated to individual fishermen or groups. In most cases, fishermen or groups can buy or sell or lease shares. “Someone owns the rights to the fish and can sell the rights to the highest bidder,” >click to read< 18:40

Beto ORourke, Capt. Tim Rider, Catch Shares, driving them out of business, Kayla Cox

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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