Simulated Economic Impact of TED Regulations on Selected Vessels in the Texas Shrimp Fishery

Shrimp fishermen trawling in the Gulf of Mexico and south Atlantic inadvertently capture and kill sea turtles which are classified as endangered species. Recent legislation requires the use of a Turtle Excluder Device(TED) which, when in place in the shrimp trawl, reduces sea turtle mortality. The impact of the TED on shrimp production is not known. This intermediate analysis of the TED regulations using an annual firm level simulation model indicated that the average Texas shrimp vessel had a low probability of being an economic success before regulations were enacted. An assumption that the TED regulations resulted in decreased production aggravated this condition and the change in Ending Net Worth and Net Present Value of Ending Net Worth before and after a TED was placed in the net was significant at the 5 percent level. However, the difference in the Internal Rate of Return for the TED and non-TED simulations was not significant unless the TED caused a substantial change in catch. This analysis did not allow for interactions between the fishermen in the shrimp industry, an assumption which could significantly alter the impact of TED use on the catch and earnings of the individual shrimp vessel.

Reducing sea turtle bycatch in trawl nets: a history of NMFS turtle excluder device (TED) research

Thirty-six years ago, NOAA’s National Marine Fisheries Service began research on how to reduce mortality of sea turtles, Chelonioidea, in shrimp trawls. As a result of efforts of NMFS and many stakeholders, including domestic and foreign fishermen, environmentalists, Sea Grant agents, and government agencies, many trawl fisheries around the world use a version of the turtle excluder device (TED). This article chronicles the contributions of NMFS to this effort, much of which occurred at the NMFS Mississippi Laboratories in Pascagoula. Specifically, it summarizes the impetus for and results of major developments and little known events in the TED research and discusses how these influenced the course of subsequent research.