To control overfishing, the government set a cap on how much crab fishermen could collectively catch, and we all had to stop when that limit was reached. Some years that meant we had seasons as short as three days. As in a car race, boats used to line up for the minute the season began. 

This intense competition was thrilling but it was also incredibly dangerous. Crabbers worked around the clock, sometimes in terrible weather. There was no time to go back and forth to the docks, so some boats would be overloaded with too many crab pots, making them unstable. The result was that from 1990 to 2005 an average of five crabbers died a year.

Part of my finger was cut off during a violent storm when I got knocked off of my feet and landed on an air compressor. I decided against going to the hospital to have it stitched back on because I knew the fishing season could end any day and my crew had mortgages to pay. I nearly lost my hand after developing a nasty infection.

If that accident happened today, there wouldn't be nearly as much pressure to keep fishing. Since August 2005, we fish under a much better system called "catch shares," which are also in place in some other fisheries. Now regulators divide up how much crab the fleet can catch among individual fishermen, as opposed to collectively, so we can fish at our own pace during significantly longer seasons. Tighter Coast Guard requirements have also improved safety.

Read the complete opinion piece at The Wall Street Journal.