Proc 11035ProclamationTrump 47 · R Quiet signal

Proclamation 11035

Restoring American Commercial Fishing in the Pacific

This proclamation modifies four prior presidential proclamations to remove monument-based prohibitions on commercial fishing in three Pacific marine national monuments: the Mariana Trench, Papahānaumokuākea, and Rose Atoll. It restricts commercial fishing to U.S.-flagged vessels (with limited exceptions for foreign-flagged transport vessels) and directs the Secretary of Commerce to amend or repeal inconsistent regulations.

Impact dates

  1. Secretary of Commerce to amend/repeal inconsistent regulations

  2. Secretary of Commerce to assess interim enforcement discretion

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • ProtectiveDomestic producerU.S.-flagged vessels given exclusive right to commercial fishing in newly opened monument waters, creating preferential market access
  • MixedImporterForeign-flagged vessels may obtain permits to transport fish harvested by U.S. fishermen, limited role
  • UncertainDownstream manufacturerIncreased Pacific seafood supply potential but regulatory timeline unclear

Geographies

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

ADMArcher Daniels MidlandBGBungeCATCaterpillarLNGCheniere EnergyCTVACortevaFDXFedExMATXMatsonTSNTyson FoodsUPSUPS

Confidence: medium · Policy alerts

Key directives

  • Remove monument-based commercial fishing prohibitions in three specified monument areas
  • Restrict commercial fishing to U.S.-flagged vessels (with permit exception for foreign-flagged transport)
  • Secretary of Commerce shall amend or repeal inconsistent regulations
  • Secretary of Commerce shall assess interim enforcement discretion to advance proclamation policy
  • Maintain existing restrictions within 50nm of certain Northwestern Hawaiian Islands and 12nm of Rose Atoll

Who is ordered

Timeline

Immediate

  • Proclamation takes effect; monument-based fishing prohibitions removed for specified areas
  • Secretary of Commerce directed to assess interim enforcement discretion

Near term (90d)

  • Secretary of Commerce to amend/repeal inconsistent regulations
  • Rulemaking process to begin for Papahānaumokuākea Marine National Sanctuary regulations

Long term

  • Implementation of fishery management plans under Magnuson-Stevens framework
  • Potential expansion of U.S. commercial fishing operations in Pacific monument waters
  • Ongoing monitoring by Western Pacific Fishery Management Council

Risks & tensions

  • Potential conflict with conservation goals of monument designations despite existing statutory protections
  • Unclear timeline for regulatory amendments creates implementation uncertainty
  • Foreign-flagged vessel transport permit process not specified
  • May face legal challenge under Antiquities Act authority
  • Scientific adequacy of existing Magnuson-Stevens protections for monument-specific objects untested
Proclamation 11035: Restoring American Commercial Fishing in the Pacific · Executive Orders