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Cooke Aquaculture acquires Houston fishing company in $650M deal

December 20, 2017 Canada, Gulf of Mexico, Mid Atlantic, National

Cooke Aquaculture acquired Omega Protein Corp. in a $500 million USD deal — approximately $650 million (Canadian) — in one of the single largest foreign investment deals a New Brunswick company has ever done in the United States. “It’s the single largest acquisition [our] company has ever made,” said Joel Richardson, vice-president of communications for Cooke. “When a New Brunswick company reaches beyond our borders and acquires a company outside our province, it helps strengthen jobs back here and at home.” click here to read the story 12:03

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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