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Commercial Fisheries News
Volume 34 Number 6
February 2007
NFI-SMC auction of Mid-Atlantic quota raises record $$
CAPE MAY, NJ – A Dec. 18 auction of rights to fish for specific lots of Mid-Atlantic species raised more than $800,000 to fund cooperative research projects. That compares to the $700,000-plus raised during last year’s auction.
Representatives of about 43 vessels from Rhode Island, Massachusetts, Connecticut, New York, and New Jersey participated in the bidding, which was moderated by the National Fisheries Institute-Scientific Monitoring Committee (NFI-SMC) via telephone conference call.
This was the fifth annual auction conducted by the NFI-SMC.
As part of its specification process each year, the Mid-Atlantic Fishery Management Council reserves poundage for research purposes through its research set-aside (RSA) program.
NFI-SMC auctioned off the following amounts: bluefish, 363,677 pounds; black sea bass, 101,858 pounds; Loligo squid, 973,157 pounds; summer flounder, 360,201 pounds; and scup, 320,000 pounds.
The money raised by the auction will be used to fund the 2007 Supplemental Finfish Survey of Mid-Atlantic species and a Loligo net testing study, as well as a discard mortality study of summer flounder in the inshore otter trawl fishery that will be conducted by Cornell Cooperative Extension.
The Dec. 18 auction poundage came from the 2007 RSA program, which is administered by the National Marine Fisheries Service. The agency recently issued a call for proposals for the 2008 RSA program. /cfn/
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