BATON ROUGE, La. (BRPROUD) — A study analyzing the economic impact of recent hurricanes on the state’s fishing industry found losses estimating $579 million.
The study conducted by the Louisiana Department of Wildlife and Fisheries (LDWF), LSU, and Louisiana Sea Grant focused on coastal damages created by Hurricanes Laura, Delta, Zeta and Ida.
Financial losses, according to the study, to the fishing industry included fisheries infrastructure (including vessels), sales or gross revenue, and resource losses to fish and oysters. LDWF’s summarization of the study said losses will continue into 2022.
Hurricane-force winds were the main cause of damage in all four storms, accounting for 80% or more of the damage to vessels, processors, dealers, and charters.
Twenty-two parishes were included in the study. Those parishes were Acadia, Ascension, Assumption, Calcasieu, Cameron, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, and Vermilion. Damages to all parishes affected totaled $155 million in revenue losses, according to the study.
The fishing industry received $304 million in hurricane damage from the four storms, according to the study. The majority of damages came from Hurricane Ida, which the study says was responsible for 70% of damages.
The study reported resource losses for 2020-2021 are estimated to be at $118 million.
For more about this study, click here.