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Bumble Bee Foods to File Bankruptcy, Sell Assets to Taiwanese Firm

November 21, 2019 International News, National, Pacific, Western Pacific

Bumble Bee Foods announced Thursday it will file for bankruptcy and sell its assets to a Taiwanese company for $925 million. The bankruptcy sale comes in the aftermath of criminal fines and civil lawsuits against the San Diego company in the wake of a federal price-fixing case. “It’s been a challenging time for our company but today’s actions allow us to move forward with minimal disruption to our day-to-day operations,” said Jan Tharp, president and chief executive officer. >click to read< 16:53

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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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FISHERYNATION.COM

continuously updated

Tag Archives: FCF Fishery

Bumble Bee Foods to File Bankruptcy, Sell Assets to Taiwanese Firm

Ocean Resource Privatization

Articles Posted by Date

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

Recent Posts

Atlantic States Marine Fisheries Commission approve increase in menhaden catch limits

Bristol Bay total salmon catch #1 in 20 years, Value tops $156m

Remembrance Day: Memory of Labrador veteran killed in Afghanistan lives on

National Hurricane Center – Hurricane Maria Public Advisory

Chief Engineer tells court of alleged knife attack in Highland Harbour

VCU Receives NOAA Grant to Study Biology and Ecology of Iconic Fish The Atlantic Sturgeon

A new culprit in cod decline? – Wait. What about that computer model?!!

Oct 8, 0800 Hurricane Matthew – strong winds and dangerous storm serge affecting coast of South Carolina

Big Tuna News. Pew: Best Available Science? Credible Scientists in the Field label it an “irresponsible distortion”

Nils E. Stolpe: Flotsam and Jetsam FishNet-USA/December 8, 2013

Lifting all boats: 2018 honorees fight for the future of the New Bedford fishing industry

Athearn Marine Agency Boat of the Week: 140′ Raised Foc’sle Mid Water Trawler, (2) CATS D399’s, Federal Permits

Sockeye harvests wind down; pinks and chums slow going

On this day, January 11, 2006: Lady of Grace rescued a year before she sank

Stricter West Coast fishing rules spur new technology aimed at recovering groundfish species

Fishermen warn of ‘mayhem’ on seas in event of no-deal Brexit, concerns of conflict between trawlers from different countries

Rhode Island Commercial Summer Flounder Fishery Closure

‘Tragedy of the Commons’ Will be the Fate of Marine Environment in Atlantic Offshore Wind Farms

Hull Gaul trawler sinking anniversary events get cash boost

Fish plants are busy with crab, so here’s how harvesters are selling their catch of cod and are getting creative to sell it

Workers reeling from fish plant closures

Fishing Groups Lose Legal Battle Over Marine Monument

Fish and Game predicts average year for Cook Inlet commercial harvest

Fishing and seafood industry raises questions and concerns during MPA information session with DFO in Yarmouth

The latest spill: fuel valve to blame for power outage on Hibernia oil platform

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