Feds Steer $10 Million in Aid for Fishery

Commercial Fishing Vessel, photo/USCG/Dann Blackwood.
Commercial Fishing Vessel, photo/USCG/Dann Blackwood.

GloucesterTimes.com: As numerous Gloucester [Massachusetts] fishing vessels rest at the dock, with fishermen unable to cut a profit, NOAA announced Thursday a plan not to directly bail out fishermen but to fund projects that the agency expects to eventually rebuild the industry.

The $5 to $10 million in potential funds for the current fiscal year would allow the National Oceanic and Atmospheric Administration to dole out awards that would mostly range between $30,000 and $250,000 for fishing-related projects.

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Gloucester Times