Regulation & law · 12/12/2002

NMFS Proposes Fishing Capacity Reduction Program for Bering Sea/Aleutian Islands King and Tanner Crabs Fishery

The National Marine Fisheries Service (NMFS) proposes a fishing capacity reduction program for the Bering Sea/Aleutian Islands King and Tanner Crabs fishery to reduce excess capacity and promote economic efficiency. The program, which would be voluntary and funded by a 30-year loan, aims to increase harvesting productivity, conserve fishery resources, and encourage rationalization of harvesting effort.