Tag Archives: MV Osprey Ltd

Last In First Out – Shrimp quota change may be ‘disastrous’ for Nova Scotia fishery

doc_505_2A massive decline in northern shrimp stocks off the northeastern coast of Newfoundland could cost Nova Scotia fish companies millions. That has one Nova Scotia fishermen worried about his own commitment to buy a $60-million factory freezer trawler that could fish year-round. “Changing the ground rules at this point in time could have a disastrous impact upon us,” said Liverpool’s Ulf Snarby. With partners in New Brunswick and Labrador, he has been fishing northern shrimp off the northeastern coast of Newfoundland, called Area 6, since 1977. Fishable shrimp stocks declined by 41 per cent in Area 6 from 2014 to 2015, the Department of Fisheries and Oceans reported in January.  With that dramatic decline in the stock, many in the industry expect quotas to be reduced. That’s caused a fight to brew between fishermen in Newfoundland and those in Nova Scotia over who can fish what’s left. Read the rest here – The new $60 million factory freezer trawler Click here 10:34