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Hundreds of Va. watermen offer to sell back licenses

Published 11/07/09

RICHMOND, Va. (AP) - One-third of Virginia's watermen have offered to sell their licenses back to the state under a buyback program intended to ease pressure on the Chesapeake Bay crab.

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The bids, however, far exceed the $6.7 million in federal disaster aid bankrolling the buyback, meaning only a fraction of the watermen who bid will likely be leaving the water.

The 665 bids received by a Nov. 1 deadline totaled $30.4 million, ranging from a low of $500 to a high of $665,000, which was submitted by a part-time waterman. Virginia has approximately 1,800 licensed watermen, most of whom are part-time. Many others rarely go out...

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Buyback? - 2009-11-07 07:00:10

Why is there a buyback? Does the state not really own the licenses? If the license has been inactive, just cancel it like they do with other licenses.

unhide Comment hidden due to low ranking. Why is this comment hidden?

ok walters - eustis, fl - Karma: Neutral

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