Tag Archives: CEO Chris Flanagan

Canada’s largest fishing vessel will be ready for 2024, says Baffin Fisheries CEO

A ship being described as Canada’s largest fishing vessel — one that will soon make regular ports of call in Newfoundland harbours like St. Anthony, Harbour Grace and Bay Roberts was launched this week from a yard in Turkey, and the Nunavut-based owners say it’s on track to be harvesting turbot and shrimp from Arctic waters by next year. The vessel will also bear a name that’s quite familiar to ship-spotters in Newfoundland and Labrador: Inuksuk II. Baffin Fisheries currently operates a fleet of three fishing vessels, including the MV Inuksuk I. The vessel is 80 metres long, 18 metres wide, and will be capable of carrying up to 1,300 tonnes of frozen-at-sea turbot or 930 tonnes of shrimp. In comparison, the Inuksuk II is six metres longer than the Calvert, the newest vessel in Ocean Choice International’s fleet. >>click to read<< 14:30

Fraud, breach of trust charges dropped against former Baffin Fisheries Coalition CEO

Garth Reid, 52, was charged in March 2021 with fraud over $5,000 and criminal breach of trust, stemming from his time as the company’s leader between October 2016 and April 2017. In the fall of 2017, Baffin Fisheries terminated Reid and sued him in civil court for $1.4 million, alleging that he built on his private property in Winterton, N.L. and billed the company for the work. In a statement of defence, Reid denied the allegations against him and said if any payments were made by Baffin Fisheries for his own property, he didn’t know about it and they were done out of negligence by the company. He counter sued for $20 million over breach of contract and defamation. >click to read< 09:35

Baffin Fisheries buying $72M fishing vessel

Baffin Fisheries says it’s buying what will be the largest Canadian owned fishing vessel. The new ship will be much safer and cost efficient than the vessel it replaces, says CEO Chris Flanagan. The company held a news conference Friday morning to announce the newest addition to its fleet: a $72.5 million, 80-metre stern trawler that can carry a max of 1,320 tonnes of frozen turbot or 930 tonnes of cold-water shrimp. The trawler will be designed by Norwegian company Skipsteknisk A/S and constructed in Turkey by Tersan Shipyard. Baffin Fisheries is expecting it to be delivered in February 2024. >click to read< 10:04