SCOQStanding Committee on Quality
SCOQSurf Clam and Ocean Quahog (fishery)
References in periodicals archive ?
In the SCOQ fishery, the National Westminister Bank and Bank of New Jersey have fashioned agreements with fishers in which ITQs used as loan guarantee are actually transferred to the bank with the understanding that they will be transferred back to the borrower when the loan in repaid.
Currently about 9% of SCOQ quota is owned by National Westminister Bank and 3% by the Bank of New Jersey (National Marine Fisheries Service, list of registered owners of SCOQ quota).
Since the implementation of ITQ management, the SCOQ fishery, which was already a large firm fishery, has become more concentrated with large corporate actors.