International trade · 06/10/2011

NMFS Establishes Fishing Capacity Reduction Program for Southeast Alaska Purse Seine Salmon Fishery

The National Marine Fisheries Service (NMFS) has implemented a fishing capacity reduction program and an industry fee system to repay a $23.5 million loan for the Southeast Alaska Purse Seine Salmon Fishery, with the goal of permanently reducing fishing capacity at the lowest cost and establishing a fee system based on future landings.