Commercial fishing is a major global industry. In the United States alone, commercial fisheries create 1.8 million jobs a year, while generating more than $255 billion in sales. As fresh, quality seafood is always in high demand, enterprising commercial fishermen can stand to turn tidy profits with the right strategy. Though part of the allure…
Having a commercial fishing permit is required if you plan to operate your vessel as part of your business. This can be quite a lucrative job that allows you to work for yourself, but there are plenty of considerations to keep in mind if you’re just starting out, including being properly licensed to operate. Even…
The commercial fishing industry has a big impact on the economies of many coastal states in the United States. Due to the strict rules that are in place, fishermen who want to do commercial fishing in a legal way must first get the commercial fishing permit and licenses they need. The process of acquiring all…
If you are looking to file for federal permits for commercial fishing, you will need to look for permits specific to your region. Here’s a quick guide for you to figure out what divisions your operation falls under. Federal Permits For Commercial Fishing As you are probably aware, federal permits for commercial fishing are categorized…
There are a number of reasons to document a commercial vessel with the United States Coast Guard (USCG). Perhaps you want a federal registration for your vessel to solidify potential financing? Maybe you are looking to ease your international travel activities with a piece of formal documentation from the U.S. Government? While these are certainly…
Although it isn’t always simple, commercial fishing is often one of the most financially rewarding methods to generate money and maintain a family. The ordinary person has a relatively limited understanding of commercial fishing, even though it has a long history in the United States and continues to be a significant business. This might be…
Compared to sport fishing, commercial fishing offers a unique and distinct experience. The gathering of seafood is the primary objective of the commercial fishery, while the primary goals of sport fishing are to make a fantastic catch and to enjoy one’s time spent fishing. Commercial fishing often involves more significant crew numbers and typically adheres…
Maine is known for its picturesque coastline, vibrant seafood industry, and rich fishery resources. The commercial fishing industry plays a significant role in the state’s economy, generating jobs, income, and revenue for both fishermen and fisher businesses. The industry’s economic impact extends beyond the coast to other sectors, including seafood processing, transportation, and tourism. However,…
Historically, the permit application process for the commercial fishing industry, which is renowned for its demanding nature and difficult environment, has been a complex labyrinth. Numerous forms, regulatory compliance, and frequent visits to government offices have been a part of the industry’s logistical reality, frequently taking away from the task at hand: fishing. Meet the…
New England commercial fishing can be a lucrative business and if you’re interested in it, there are some things to know about the industry before you get started. Being well-educated will serve you well and you apply for a commercial fishing license and acquire the equipment and funding to get your business off the ground…