New Wave Media

May 21, 2020

US Gives $88 Mln Relief to Gulf Fishing Communities

© jenniveve84 / Adobe Stock

© jenniveve84 / Adobe Stock

U.S. Secretary of Commerce Wilbur Ross announced the allocation of $88 million in fishery disaster funding to Alabama, Louisiana and Mississippi, where a catastrophic regional fishery disaster occurred due to extreme freshwater flooding in 2019 associated with the unprecedented opening of the Bonnet Carre Spillway.

“The Department of Commerce stands with our U.S. fishing communities, especially in times of hardship,” said Secretary of Commerce Wilbur Ross. “These funds will help industries and individuals recover from this disaster, and build resilience for the future.”

Funds can be used to address a range of impacts including impacts to commercial fishermen, recreational fishermen, charter businesses, subsistence users, processors, shore-side infrastructure, and the fishing ecosystem and environment. Activities that can be considered for funding include infrastructure projects, habitat restoration, state-run vessel and fishing permit buybacks and job retraining.

In addition to these funds, the President recently signed into law other Federal financial assistance programs, including several programs at the Small Business Administration and U.S. Department of Agriculture that can provide help to some fishermen and related businesses.

In this edition MTR explores the drivers for subsea exploration in 2025 and beyond
Read the Magazine Sponsored by

Canadian Shipwreck Hunters

Marine Technology Magazine Cover May 2025 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news