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Option a.  Vessel permits may only be transferred to a vessel of equal or lesser size (in length)

Option b. Vessel permits may only be transferred to a vessel of equal or lesser horsepower

Option c.  Vessel permits may only be transferred to a vessel or person (corporate or otherwise) that can demonstrate landings of shrimp in 1 of the past 3 years (or can demonstrate that the permittee or vessel could legally land and sell shrimp in a state in 1 of the past 3 years)

Discussion: Potentially limiting transfer of permits to vessels of the same or lesser size would tend to keep effort from increasing thereby adding stability to the fishery.  It may also have implications to bycatch and EFH that may increase with increasing size of vessels and the possibility of vessels using more and larger gear.  On the other hand, a downsizing of the fleet in terms of the size of vessels could increase risks in terms of vessel safety.  Limiting transferability to vessels that can demonstrate participation in the shrimp fishery would also help maintain stability, allow state-permitted vessels/persons to enter the offshore fishery, and prevent speculative entry into the fishery.  On the other hand, limitations on the transferability have produced negative economic impacts in other fisheries.

Alternative 3.  Further reduce effort by eliminating latent permits  

Option a. Vessel permits will not be renewed unless a vessel has demonstrated commercial landings of shrimp in 2 of the 3 years preceding/following implementation of this amendment

Option b. Vessel permits will not be renewed unless a vessel has demonstrated commercial landings of shrimp in 3 of the 5 years preceding/following implementation of this amendment

Option c. Vessel permits will not be renewed unless a vessel has demonstrated commercial landings of shrimp in excess of 10,000 pounds in 2 of the 3 years or 3 of the 5 years preceding/following implementation of this amendment

Option d. Vessel permits will not be renewed unless a vessel has demonstrated commercial landings of shrimp in excess of 15,000 pounds in 2 of the 3 years or 3 of the 5 years preceding/following implementation of this amendment

Discussion: In recent years, there has been a large amount of latent effort in the shrimp fishery due to economic conditions that have resulted in inactivity of vessels due to high fuel costs and low market prices.  Some of these vessels may be precluded from the shrimp fishery of the EEZ under action to implement a moratorium that is part of Amendment 13 to the Shrimp FMP.  Although not currently fishing, many of these vessels would potentially qualify for reissuance of permits under the moratorium.  Additionally, federal permits have been issued to vessels that are probably not fishing in the EEZ and were obtained on speculation.  For example, as of November 30, 2004, there were 84 permitted vessels that are under 30 feet in length, and 10 of those vessels were under 20 feet in length.  Such vessels are not likely to be operating in the EEZ for any

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