NOAA 96-R714
 
Contact: Matt Stout                    FOR IMMEDIATE RELEASE
                                       12/10/96

VESSEL BUYOUT APPLICANTS SELECTED IN NEW ENGLAND

Applications from 76 fishermen have been selected for further review under the Northeast vessel buyout program, the National Marine Fisheries Service announced today. The program is designed to provide economic assistance to fishermen adversely affected by the collapse of the groundfish fishery, while helping fish stocks recover to a sustainable level.

The successful applicants, who were selected from a total of 164, are mostly from Massachusetts and Maine, with one each from New Hampshire and New York.

"We want to quickly process these applications, approve them, buy out the vessels and have the owners dispose of them as soon as possible," said Leo Erwin, chief of NMFS' financial services branch. "But first we need to ensure the vessel owners are eligible, qualified, and meet the requirements of the Fishing Capacity Reduction Initiative."

These 76 vessel owners must now provide full documentation for all aspects of the original bid statements, including number of fishing trips over the past two years, gross revenues for all species and New England multispecies for years 1991-94, records of trips made during and after the application period, and other financial information. The fisheries service will then verify all information before processing the buyout.

The remaining applications will be held by NOAA. If the low scoring applications drop out either because they are found to be ineligible or because the applicants voluntarily withdraw, NOAA will notify the next lowest scoring applicants.


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Editors note: The list of selected applicants is attached.

APPLICANTS SELECTED UNDER BUYOUT PROGRAM

STATE/ NAME                           CITY
MA        TRIPOLINA  INC.                       BOSTON
          TAYLOR, PETER W.                      CHATHAM
          TOLLEY, STUART WAYNE                  CHATHAM
          HORNE, ROGER W.                       CHATHAM
          KAMINSKI, BRUCE                       CHATHAM
          JACOBSEN FISHING CO. INC.             FAIRHAVEN
          GIUSSEPPE & CATERINA, INC.            GLOUCESTER
          GIACALONE, ANTONIO                    GLOUCESTER
          S. ANTONIO CORP.                      GLOUCESTER
          LADY FRANCESCA INC.                   GLOUCESTER
          THREE FRIENDS VESSEL CORP.            GLOUCESTER
          BRANCALEONE, GAETANO G.               GLOUCESTER
          BROWN, WILLIAM G. IV                  GLOUCESTER
          BALBO, DANIEL                         GLOUCESTER
          ALL TRAWL INC.                        GLOUCESTER
          SANTAPAOLA, JAMES                     GLOUCESTER
          RUSSO, VINCENZO                       GLOUCESTER
          NAPOLI, FRANCESCO P.                  GLOUCESTER
          VINCIE & JOSEPHINE ,INC.              GLOUCESTER
          C & N FISHING CORPORATION             GLOUCESTER
          GPN CORP.                             GLOUCESTER
          DIDRIKSEN FISHING CORP.               MATTAPOISETT
          J & A  FISHING CORP.                  NEW BEDFORD
          AM FISHING CORPORATION                NEW BEDFORD
          BARCELONA GROUP INC.                  NEW BEDFORD
          BOAT IMIGRANTE INC.                   NEW BEDFORD
          DE CAMPOS, ANTONIO J.                 NEW BEDFORD
          THREE FRIENDS FISHING CORP.           NEW BEDFORD
          R & P FISHING CORP.                   NEW BEDFORD
          MARINALDO FISHERIES, INC.             NEW BEDFORD
          S & S FISHERIES INC.                  NEW BEDFORD
          CURLEW II, INC.                       NEW BEDFORD
          COWBOY FISHING CORP.                  NEW BEDFORD
          RAFAEL, CARLOS                        NEW BEDFORD
          KAVANAGH FISHERIES INC.               NEW BEDFORD
          SLEEPY HOLLOW FISHERIES               NEW BEDFORD
          LANE FISHERIES INC.                   NEW BEDFORD
          MURTOSA FISHING CORP.                 NEW BEDFORD
          SANTO ANTONIO FISHING CORP.           NEW BEDFORD
          CRUZ FISHING CORP.                    NEW BEDFORD
          F.A.T. FISHING CORP.                  NEW BEDFORD
          OLIVEIRA & SILVA FISHING CORP.        NEW BEDFORD
          LADY LAURA FISHING  CORPORATION       NEW BEDFORD
          NEVES & SON FISHING CORP.             NEW BEDFORD
          WALSH FISHING CORP.                   NEW BEDFORD
          BOA VIAGEM FISHING CORP.              NEW BEDFORD
          S & N FISHERIES, INC.                 NEW BEDFORD
          BOAT MONDEGO INC.                     NEW BEDFORD
          SHEENA CORP.                          NEW BEDFORD
          INDEPENDENT FISHING CORP.             NEW BEDFORD
          JOAO CARLOS FISHING CORP.             NEW BEDFROD
          LITTLEFIELD, FREDERIC  K.,  JR.       NEWBURY
          VASQUES, JOHN T                       PROVINCETOWN
          ALBA,  JEAN CATHERINE                 REVERE, MA. 02151
          SHEA, KEVIN ROBERT                    SCITUATE
          CHRIS-STAM INC.                       UPTON
          DWYER FISHING CORP.                   WAKEFIELD
          L& H FISHING CORP.                    WESTPORT
**** ----------------------------------------
count                                       58


ME        BREWER, ROBERT E.                      BOOTHBAY
          COUSINS, JOHN D. JR.                   BROOKSVILLE
          HANSON, STEVEN MICHAEL                 CAPE ELIZABETH
          MCLELLAN,  MYRON CAMERON               NEWCASTLE
          MOORE, LEWIS C                         PHIPPSBERG
          RO-JO INC                              PORT CLYDE
          FAIRTRY INC.                           PORTLAND
          NORTH  ATLANTIC  GROUP INC.            PORTLAND
          CELTIC PRIDE II  INC.                  PORTLAND
          HAROLD F. SEAL INC.                    PORTLAND
          ATLANTIC RESOURCE CORP.                PORTLAND
          GUOBA, THOMAS                          RAYMOND
          KEENE, BRUCE G.                        SOUTH PORTLAND
          F/V SCOTSMAN JAMES & CATHY HOMSTEAD    SOUTH PORTLAND
          STODWELL, ERNEST F. IV                 SOUTHPORT
          RAMS CORP.                             TENANTS HARBOR
***** ----------------------------------------
count                                       16

NH        STEVENS, LEILAND                       HAMPTON FALLS
***** ----------------------------------------
count                                        1

NY        TRAWLER GOLDEN EAGLE INC.              BROOKLYN
***** ----------------------------------------
count                                        1

76  selected.