May 24, 2016 โ NEW BEDFORD, Mass. โ The fish auction thatโs been a daily institution on the cityโs waterfront for decades could see periodic closures over the next month or so, as a co-owner said Monday that this yearโs significant cut to the cod quota is keeping many boats tied to the docks, rather than bringing in fish.
Richard Canastra, co-owner of the Whaling City Seafood Display Auction since 1994, said Monday morning that in his view, โthere wonโt beโ fish auctions on some days between now and July 4, when he expects commercial fishing activity to pick up again.
โThereโs not many fishermen fishing anymore,โ Canastra said as he stood outside the auction building on Hassey Street. โA lot of the boats are just tied up โ theyโre not going to fish. Why would they fish if thereโs only so much (allowable) cod?โ
The National Oceanic and Atmospheric Administration (NOAA), in conjunction with the New England Fishery Management Council, instituted a 62-percent reduction in the allowable catch for Georges Bank cod this year, in quotas that took effect May 1.
Former New Bedford Mayor John Bullard, now regional administrator for NOAA fisheries, has said the new regulations create โabout a 95 percent cutโ since 2012 in catch limits for Georges Bank cod, a key species for New Bedfordโs fishing industry.
Government documents detailing the quotas say theyโre, โintended to help prevent overfishing, rebuild overfished stocks, achieve optimum yieldโ and ensure that fishery management is based on the best data available.