Tag Archives: compensation fund

Island Fishermen Unlikely to Benefit from Vineyard Wind Fund

A program aimed at compensating fishermen for lost revenues during the construction and operation of the first offshore wind farm south of the Vineyard will not benefit Island-based fishermen, according to a representative from the Martha’s Vineyard Fishermen’s Preservation Trust. But according to Martha’s Vineyard Fishermen’s Preservation Trust president John Keene, the restrictive requirements to qualify for the fund will leave local fishermen in the lurch. Mr. Keene also noted that money from the fund will go to vessel owner/operators, who are not obligated to distribute funds to their crew. Island fishermen who crew for New Bedford-based vessels as part of the season, therefore, might also be left out of the compensation, even if they work on ships in the lease area. more, >>click to read<< 12:07

RI Coastal Resources Management Council backs South Fork Offshore Wind Farm, fishermen object

The vote by the Rhode Island Coastal Resources Management Council in favor of the wind farm was made over the objections of fishermen, who argued that a mitigation package agreed to with developers Ørsted and Eversource would fall well short of adequately compensating them for losses caused by the installation and operation of the project’s 12 turbines. Certification that the wind farm is consistent with state coastal policies also came despite concerns raised by Save The Bay and others about the council’s permitting process for the wind farm, which would be built in an area called Cox Ledge in Rhode Island Sound that is home to a rich diversity of fish, including species of tuna and Atlantic cod. >click to read< 16:29

‘Shafted’ by FFAW, Flowers Cove fisherman tells court

A fish harvester from Flowers Cove says he feels “shafted” by his union because of the terms of a compensation fund negotiated with Nalcor, to offset the loss of scallop grounds in the Strait of Belle Isle. Edmund Moores is one of 71 people who are suing the union, in a trial that continued Wednesday in the . The Fish, Food and Allied Workers argues that the $2,590,875 should be paid out in annual installments over 30 years. The court has been told they believed the money would be paid out in a lump sum. Read the article here 08:27