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Massachusetts Fishery Losses

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Massachusetts Governor Deval Patrick says direct and indirect revenue losses to the state’s fishing industry because of lower fish landings in 2013 will amount to about $103 million. Patrick cited the figures in a letter to Commerce Secretary Penny Pritzker. Patrick’s letter, written in support of federal disaster aid for the Northeast Groundfish fishery, maintains that the funds will provide “both immediate relief and targeted investments to ensure our fleet becomes more sustainable in the future.” The Governor also endorsed the concept of loan assistance programs using a long-term, revolving loan fund and stated the need for shoreside infrastructure support. He says Massachusetts accounts for roughly 90 percent of groundfish landings in the Northeast region.

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