September 23, 2020 — The Atlantic sea scallop fishery is a success story, at least in terms of stock rebuilding and biological sustainability. From an efficiency perspective, however, the fishery is off course.
The outdated management approach for the limited access scallop fleet of one boat-one permit-one allocation has tied the hands of vessel owners, increased operational costs, effectively barring captains and crews from the pathways to ownership that their predecessors enjoyed, and added unnecessary safety risks on the water. There are too many boats spending too few days on the water, leaving the scallop fleet hamstrung as it navigates the choppy waters of a global pandemic and lower predicted harvests.
A typical full-time limited-access scallop vessel harvests its annual scallop allocation in around 70 days, leaving vessels tied to the dock more than 80 percent of the year. The only growth option is to buy another permit, which means buying another vessel. This is a cost-prohibitive option for independent operators, since it forces them to take on steep capital costs and pay for ongoing maintenance expenses for a redundant vessel.
Although one vessel could easily harvest the allocation of two limited-access permits, the fleet has no flexibility to do so. With harvests predicted to decline, meaning even fewer days on the water, the lack of flexibility will only cost more and leave more boats tied to the dock for more days. What’s more, the current system means that if a captain or crew get sick (a serious possibility in the age of covid-19), a vessel breaks down, or some other calamity hits, there is no back-up plan to fish the allocation.