🌊Business Implications of Papahānaumokuākea National Marine Sanctuary Regulations
Papahānaumokuākea National Marine Sanctuary; Final Regulations
Summary
NOAA is designating Papah[amacr]naumoku[amacr]kea National Marine Sanctuary (sanctuary) to protect nationally significant biological, cultural, and historical resources and to manage this special place as part of the National Marine Sanctuary System. The sanctuary consists of an area of approximately 582,570 square statute miles (439,910 square nautical miles) of Pacific Ocean waters surrounding the Northwestern Hawaiian Islands and the submerged lands thereunder. NOAA is establishing the terms of designation for the sanctuary and the regulations to implement the national marine sanctuary designation. NOAA has also published a final environmental impact statement (final EIS) in coordination with the State of Hawai[revaps]i, final management plan, and Record of Decision.
Agencies
- Commerce Department
- National Oceanic and Atmospheric Administration
Business Impact
$$ - Med
The regulations establish compliance requirements for businesses operating in the sanctuary area, including vessel monitoring and prohibitions on certain activities such as commercial fishing and oil exploration. This may impact sectors engaged in fishing, shipping, or marine resource development. Financial implications arise from potential permitting fees and penalties for non-compliance.