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Mass. sets up $1M loan fund for fishermen |
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BOSTON—Massachusetts announced Tuesday that it has set up a
$1 million loan fund to help the dwindling number of fishermen with
smaller businesses buy the rights to catch more fish.
The new Commercial Fisheries Revolving Loan Fund aims to help fishermen struggling after 2010's transition to a new management system in New England, the Patrick administration said. Read the complete Associated Press story by Jay Lindsay in The Boston Globe
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MELISSA WOOD, NATIONAL FISHERMEN: Meting out the meager
May 22, 2012 - Listening to the New England Council's Groundfish Advisory Panel talk about how that industry is going to pay for monitoring costs is kind of like trying to figure out how to pay your bills when you've just lost your job. Though monitoring is important keeping costs down is critical. As Panel Member Gary Libby pointed out, "If we had 100 percent monitoring we probably wouldn't have an industry."