The 2014 shrimp season in the Gulf of Maine has been cancelled — the first such shutdown since 1978, The New York Times reports.
Regulators cited historic low stocks of shrimp due to overfishing and warming waters before voting to cancel the season.
The newspaper says the northern shrimp (or pink shrimp) fishery was worth about $1.2 million in a shortened 2013 season and more than $10 million in 2011.
Big and small business must join governments and the science community to help reverse damage to the world’s oceans, according to a panel convened in October by the World Bank.
Also in October, Environmental Defense Fund launched a Fisheries Toolkit to help fishermen and seafood companies design and implement management systems to restore the sustainability and profitability to fisheries around the world.