Tag Archives: to help shrimp boat owners

Port Isabel EDC helps keep shrimpers afloat with financial assistance

The Gulf shrimp industry is struggling to stay afloat against a flood of cheap imported shrimp, and Brownsville-Port Isabel’s shrimp industry is far from immune. It’s not a new problem, but this year the Port Isabel Economic Development Corporation opted to take action, in the form of financial assistance to help shrimp boat owners pay for fuel. Port Isabel City Manager Jared Hockema said the EDC provided six grants of $10,000 each to individual boat owners on a first come, first serve basis. To be eligible, boat owners had to be based in Port Isabel and had to have operated a boat or fleet last year, he said. The city, meanwhile, made sure there was no overlap in ownership among recipient companies, so no one got more than their share, Hockema said. more, >>CLICK TO READ<< 10:03