Tag Archives: Richard Canastra

Canastra Brothers Offering $93 Million for ‘Codfather’s’ Fishing Fleet

One of the owners of the Whaling City Seafood Display Auction in New Bedford is shedding more light on a proposed deal to buy the “codfather’s” fishing fleet. Carlos Rafael has been sentenced to 46 months in prison for his illegal fishing scheme, and cannot be involved in the fishing industry during that time and three years after his release. In an exclusive interview with WBSM’s Phil Paleologos, Richard Canastra confirms he and his brother, Ray, have entered into a memorandum of agreement with Rafael to buy his business, Carlos Seafood, Inc, for $93 million. Video, click here to read the story 16:41

Deal between Rafael, Canastra brothers worth $93M, still needs government OK – While the Canastras and Rafael have agreed, the deal isn’t complete. NOAA and the U.S. Attorney haven’t taken a final position on the proposed sale, according to court documents click here to read the story21:03

Getting CHOKED! Cod quota cuts, boats not fishing could interrupt New Bedford fish auction trading

AR-160529774.jpg&MaxW=650The fish auction that’s been a daily institution on the city’s waterfront for decades could see periodic closures over the next month or so, as a co-owner said Monday that this year’s significant cut to the cod quota is keeping many boats tied to the docks, rather than bringing in fish. Richard Canastra, co-owner of the Whaling City Seafood Display Auction since 1994, said Monday morning that in his view, “there won’t be” fish auctions on some days between now and July 4, when he expects commercial fishing activity to pick up again. “There’s not many fishermen fishing anymore,” Canastra said as he stood outside the auction building on Hassey Street. “A lot of the boats are just tied up — they’re not going to fish. Why would they fish if there’s only so much (allowable) cod?” Former New Bedford Mayor John Bullard, now regional administrator for NOAA fisheries, has said the new regulations create “about a 95 percent cut” since 2012 in catch limits for Georges Bank cod, a key species for New Bedford’s fishing industry. Read the rest here 06:43

Video: The Phil Paleologos Show – A Talk About At Sea Monitors and Other Regulations For Fishermen

dave goethelPhil Paleologos hosts a conversation regarding a lawsuit over a provision that would require fishermen to pay for at-sea monitors. This conversation included David Geothel, a fisherman and plaintiff in the lawsuit; Richard Canastra, of the Buyers and Sellers Exchange or BASE; Don Cuddy, Program Director for the Center for Sustainable Fisheries; and , the Manager of Sector 13. A court hearing will take place January 21. Watch the video here 11:20

Your View: Cod report has no scientific value, by Richard Canastra –

The Gulf of Maine cod fishery faces some big-ticket problems. Warming waters, concerns of overfishing, an economic disaster and stock assessment controversy all threaten this essential coastal industry. The common thread between these varied issues, however, is a troubling pattern of distrust. That pattern continues, unfortunately, with this latest assessment update of Gulf of Maine cod. The process by which the assessment was conducted, and in turn its results, speak to fishermen’s valid concerns for a serious need for greater transparency and cooperation in fisheries management. Read the rest here 09:21

NOAA Reports: New England groundfisheries still struggling

sct logo“The report puts every region together with the whole country and calls it a big success, but in New England the groundfishery really isn’t doing well,” said Brian Rothschild, former dean of the School of Marine Science and Technology at UMass Dartmouth. “We still have some real problems in New England straightening out our management picture.” Read more here  08:49