Blue Harvest to shut down, ending reign over New England groundfish

September 1, 2023 Featured, National, New England

Blue Harvest Fisheries is set to shut down all fishing operations on Friday, its fishermen were told this week. It marks the last in a cascade of sales and closures for the billionaire-backed business venture that once aimed to “dominate” the New England fishing industry but ended up overcapitalized and belly up on the dock. The company launched in 2015, flush with private equity capital, and expanded at a rapid clip to become the single-largest groundfish permit holder in New England. It still owns the permits and vessels, but seafood industry sources say, after the shut down, a quick sale or bankruptcy filing is likely. “A big rise leads to a big fall,” said Luke deWildt, captain of the Teresa Marie IV, >>click to read<< 07:52

all fishing operations, Blue Harvest Fisheries, massachusetts, New Bedford, New Bedford’s groundfish fleet, to shut down

One Response to Blue Harvest to shut down, ending reign over New England groundfish

John N Costa says:

September 2, 2023 at 12:57 pm

It was these big fleets in New Bedford that killed the fishing for all of independently owned fishing boats from Chatham to Maine as well the Provincetown fleet. Causing the NOAA officials to put in ridiculous restrictions on those said boats. Now look at them they are folding up and going away!

Reply

Leave a ReplyCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ocean Resource Privatization

Articles Posted by Date
April 2024

M T W T F S S

1 2 3 4 5 6 7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30

« Mar

April 2024
M	T	W	T	F	S	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30

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

Recent Posts
- Northern Dynasty comments on National Marine Fisheries Service status review of Lake Iliamna Seals
  
  Ultimately, whether the Lake Iliamna seals are considered to be a distinct population segment or not, Northern Dynasty is confident that development of the project by Read More »
- Vineyard Wind Delay could be fatal; developer said it needed approval by end of August
  
  IN A DECISION that could derail Vineyard Wind, federal regulators on Friday put their review of the project on hold temporarily while they seek to better Read More »
- Council has 4 months to fix Cook Inlet salmon fishery management plan
  
  The future of the Cook Inlet salmon fishery is again in the air as the North Pacific Fishery Management Council debates how to manage it after Read More »
- RI Energy rejects plan for nearly 1000MW offshore wind project
  
  Rhode Island Energy, formerly known as National Grid Rhode Island, announced Tuesday it’s ending a long-term power purchase agreement proposal with offshore wind companies Orsted and Read More »
- The Nova Scotia lobster fishery fight – Year in Review
  
  Sept. 17, the Sipekne’katik First Nation launched a self-regulated lobster fishery outside the federally-regulated commercial fishing season. On Sept. 18, two people are arrested on assault Read More »
- Aww, shucks: shucking event a hit at Digby’s Scallop Days
  
  You could say the 2017 Digby Scallop Days didn’t start off with a bang, but rather, a shuck. The scallop shucking event took place Friday, August 11. Read More »
- BREAKING: $33 Million to New England in Disaster Funding.
  
  Bruce Tarr confirms officials expect NOAA to announce about $33 million in fish disaster aid for New England. More to follow. 11:36 Read More »
- Punitive New Rules Will Crush CA Dungeness Crab Fishing Families, Threaten Holiday Crab Traditions
  
  This week, the California Department of Fish and Wildlife (CDFW) put into effect onerous new regulations that among other things, could delay or close the state’s Read More »
- Middle school lobstermen take survival training
  
  On May 26, a group of 10 middle schoolers gathered for a U.S. Coast Guard-certified drill conductor training session at the Blue Hill YMCA/Lawrence Fitness Center. The kids, whose Read More »
- More Tidal – The Race for an alternative energy source
  
  The Day, New London – Because of the strong tidal force — ranging from about 4.4 to 6.7 mph — The Race is among three dozen Read More »
- Coastal Alabama Rep. slams NOAA ‘junk science’ behind shortest red snapper season ever
  
  Alabama Rep. Bradley Byrne shares the frustration of most in his district when it comes to the federal government’s overregulation of red snapper fishing. According to Read More »
- NEFMC asking NOAA to increase catch limit for haddock in Gulf of Maine to protect fishermen
  
  In a statement issued April 20, the New England Fishery Management Council, which oversees fishing issues for the region, said the catch limit for the season that Read More »
- Editorial: Naive fishing ‘bridge’ plan wrongly lets NOAA off hook
  
  But the idea of “redeploying” shut down fishing vessels for research, and a hope of “working with” NOAA leaders on that and other projects comes across Read More »
- Apalachicola Bay Oyster Restoration to get $4.1 Million in Funding
  
  New help is on the way for Florida’s ravaged oyster industry, and fisheries and marine projects hurt by the BP oil spill in 2010, according to Read More »
- Fraser River sockeye run may be a no-go for local fishermen
  
  With fish counts remaining extremely low, it’s looking less likely that local commercial and tribal fishermen will get a chance to catch Fraser River sockeye salmon Read More »
- U.S. lobster fishing vessel caught trapping lobster in Canadian waters
  
  The Department of Fisheries and Oceans intercepted a vessel fishing illegally in Canadian waters and reported it to U.S. authorities, an official confirmed Friday. The incident Read More »
- 2016 Blessing of the Fleet – Tradition in Chauvin draws crowds
  
  Sunny skies and a light breeze greeted local fishermen and their families as they gathered Sunday morning to pray for a safe and bountiful brown-shrimp season Read More »
- Editorial: Fishing limits may be inexact, but reflect a real problem (the problem is, some people lap this crap up!)
  
  But Coakley’s decision also has more destructive potential — both in unfairly reinforcing perceptions of the federal government as an enemy of fishermen and, if she Read More »
- Sad news from San Diego – Cathy Driscoll, owner of popular commercial fishing wharf, dies in reported suicide
  
  San Diego’s commercial fishing industry took a major hit today upon learning of the death of Cathy Driscoll, owner of Driscoll’s Wharf Marina at America Cup’s Read More »
- Salmon and steelhead Band-Aids
  
  Here we go again putting a Band-Aid over a sucking chest wound. Ask anyone who spends time on Washington and Idaho salmon and steelhead waters why Read More »
- Time is running out to protect the Atlantic coast
  
  President Trump has proclaimed that his administration is seeking “American energy dominance.” The reality is we’re already there. The United States produces more natural gas and Read More »
- THREATENED – Scallop fishing off the coast of Long Island
  
  Scallop fisherman Chris Scola pilots his 39-foot dredging boat out of the port at Montauk, steaming 10 miles out to sea. The bearded 44-year-old captain says Read More »
- Rally for fair sharing of Northern Shrimp on Mar. 21
  
  The rally will take place at Plum Point Motel in Plum Point, beginning at 1 pm this Friday, March 21, 2014. Read more here 09:15 Read More »
- Commercial Lobster Season off to a Good Start as Keys Fishermen Deal with Increased Materials and Gas Prices
  
  The Upper Keys boats have been “killing it,” with lobsters spilling out of containers onto decks, crews have been coming back to the docks earlier in Read More »
- Seaforth man who fell off fishing vessel remembered for his ‘irrepressible spirit’
  
  A 58-year-old Seaforth, N.S., man who fell off a fishing boat late Thursday night, is being remembered for his dedication to saving wild animals and his Read More »