Tag Archives: Northern shrimp quotas

Gail Shea’s stance on shrimp allocations may be softening – Province delivers shrimp impact report to feds

The shrimp fishery in this province is basically divided into a large factory freezer fleet in the offshore, and the smaller vessel fleet in the inshore. Under the last in, first out (LIFO) policy, the inshore is forced to contend with the bulk of any quota reductions that come about. In 2014, the LIFO policy resulted in the inshore losing more than 30 per cent of its shrimp, while the offshore fleets lost less than five per cent. The province’s report states that current sharing arrangement, if continued, would prove disastrous for many rural regions. Read the rest here 09:59