Fishery Management
- NOAA Fisheries and the New England Fishery Management Council manage this fishery.
- Managed under the Northeast Multispecies Fishery Management Plan, which includes:
- Permitting requirements.
- Time/area closures to control fishing effort and protect spawning fish and habitat.
- A limit on the amount of all groundfish that can be caught (annual catch limits), as well as response measures if the catch limits are exceeded.
- A number of measures to reduce the fishery’s impact on habitat and other species.
- Minimum size limits to ensure that fish are able to spawn at least once before being caught.
- The optional catch share program can be used for cod and other groundfish species, and does the following:
- Allows fishing vessels to fish together in groups (sectors).
- Exempts sectors from many gear and area restrictions, but they must stop fishing for groundfish once the sector catches a predetermined allotment of fish, or acquire additional quota from other sectors.
- Allows fishermen more control over when, where, and how they fish, as well as the ability to target healthier stocks rather than overfished stocks.
- Fishermen who choose not to join a sector must fish under regulations that limit the number of days they can fish, amount they can catch, and when and where they can fish.
- Because the Georges Bank stock is also found in Canadian waters, the United States coordinates management of a portion of this stock with Canada. Each country carefully monitors catch to ensure that the harvest is fairly and sustainably managed.