August 27, 2026 — With the current moratorium set to expire later this year, NOAA Fisheries has moved to extend a ban on new federal shrimp permits for the Gulf of Mexico by another 10 years.
While the Gulf of Mexico federal shrimp fishery supported more than 4,000 commercial shrimping vessels, rising fuel prices and competition from cheaper imported shrimp drove many of those vessel owners to call it quits. Still, regulators believed that there were too many shrimp vessels operating to be profitable, so in 2006, NOAA Fisheries issued a 10-year moratorium on new commercial shrimp vessel permits. In 2008, the government issued just 1,933 vessel permits.