View Single Post
Old 10-21-2008, 09:03 PM   #6
dr5662
Member
 
Join Date: Oct 2008
Posts: 7
RE: PNW fishboat conversion

The first buyback programe occured about 5 years ago.* The Fisheries Department asked interested fishers that wanted to retire or leave the industry to submit their licence offer with the $ amount the licence owner wanted.* If the offer was accepted the licence was purchased, not the vessel.* The fisherman could keep the boat or sell it.* I purchased an all fiberglass 40' Permaglass west coast troller that I have been working for 4 years now.* I heard just yesterday that there is another round of licence buy backs in progress now so there may be another lot of vessel coming up for sale.* Many of the better vessel from the first round were purchased by other fishermen to upgrade then they sold there older or tired vessel. As you stated many of the conversion were not mutch to look at but I have seen some very nice ones. Dave
dr5662 is offline   Reply With Quote