obligations on the quota holders. This process would continue until such time as it appeared that no more modifications were necessary.
Amount or mass of some organism, such as fish.
Quota shares in the Alaskan halibut and sablefish IFQ program that are not allowed to be subdivided when transferred. There are limits on the size of the blocked quota and on the number of blocks that an individual may own in a given area. This is intended to ensure the availability of small units of quota for purchase by new entrants.
Fish other than the primary target species that are caught incidental to the harvest of the primary target species. Bycatch may be retained or discarded. Discards may occur for regulatory or economic reasons.
Investing in gear, technology, engines, processing lines, and other capital components of a fishing operation in order to maximize the ability of a vessel or processing facility to harvest or process fish. These investments are made so that the vessel or processing facility can harvest and process fish as rapidly as possible under a derby fishery or in a race for fish.
Caribbean Fishery Management Council (CFMC):
One of eight regional councils mandated in the MSFCMA to develop management plans for fisheries in federal waters. The CFMC develops fishery management plans for fisheries off the coast of the U.S. Virgin Islands and the Commonwealth of Puerto Rico.
Vessel that harvests fish but does not have onboard processing capacity.
Vessel that can both catch fish and process the catch on-board. Also referred to as factory trawlers or freezer-longliners.
catch per unit effort (CPUE):
Weight of fish harvested for each unit of effort expended by vessels in the fishery. CPUE can be expressed as weight of fish captured per fishing trip, per hour spent at sea, or through other standardized measures.
Boat designed for carrying for hire a group of passengers who are engaged in recreational fishing.
coefficient of variation:
Standard deviation divided by the mean, showing standard deviation as a percentage of the mean. A high coefficient of variation is indicative of wide variation in the data being analyzed.