Fishermen Put Boats Up for Sale

Photo illustration, New England Boating
Photo illustration, New England Boating

GloucesterTimes: A few years back, when the feds advised Joe Orlando to increase his number of fishing permits, he invested some $400,000, continuing to follow all the rules and expecting to see the industry bounce back as promised.

He still signs checks to pay off those permits — permits he says are now all but worthless since the National Oceanic and Atmospheric Administration sliced quotas and landing limits by up to 78 percent this spring.

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Gloucester Times