New Bedford Declared Nation’s Richest Port

By The Standard-Times.

New Bedford’s reign as the most valuable port in the country reached 19 straight years as NOAA released its report on U.S. Fisheries for 2018.

U.S. fishermen landed 9.4 billion pounds of fish valued at $5.6 billion at ports around the nation — consistently high figures on par with recent years, which bring economic benefits up and down the seafood supply chain, a press release from NOAA stated.

New Bedford and Dutch Harbor in Alaska continue to dominate the list of top ports driven by landings of top-valued sea scallops locally and pollock for Alaska — the nation’s largest commercial fishery.

New Bedford brought in $431 million in 2018, up from $390 million in 2017, making it the top port by value in the country for the 19th straight year. Other top ports by value in the New England/Mid-Atlantic region include Cape May/Wildwood, New Jersey ($66 million), Point Judith, Rhode Island ($64 million), Stonington, Maine ($60 million), Hampton Roads Area, Virginia ($55 million), and Gloucester ($53 million).

According to the Fisheries of the United States report, which is compiled by NOAA, U.S. highest value species groups in 2018 included lobster ($684 million), crabs ($645 million), salmon ($598 million), scallops ($541 million), and shrimp ($496 million).