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
November 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

« Oct

November 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
- Harvey Jarvis: Blame for fisheries woes lies with the union
  
  Lately there seems to be more news stories about problems in the fishery then there are rodents at the Robin Hood Bay landfill. The province is Read More »
- Federal carbon tax could ‘degrade’ Canadian fishing industry’s competitiveness
  
  The federal government’s carbon tax could take a toll on Canada’s fishing industry, causing its competitiveness to “degrade relative to other nations,” according to an analysis Read More »
- Maine is being set up to sell its coastline to Industrial Scale Aquaculture
  
  On March 18th, a letter was sent to Gayle Zydlewski the Director of the Maine Sea Grant College Program, signed by several academics from the University of Maine, Bates College, Read More »
- Fishermen’s voices will not fall silent
  
  As we look to the summer ahead, the Bristol Bay commercial fishing fleet again faces a season of uncertainty. To be sure, our fishermen face unknowns Read More »
- Alaska commercial fishing fatalities decline, reflecting national trend
  
  Commercial fishing in Alaska, long notorious as a dangerous and potentially deadly occupation, is getting safer, according to data presented this week to federal regulators. Alaska Read More »
- Fisherman must shell out $100,000 for three rock lobsters caught illegally in marine park
  
  Two years ago, commercial fisherman Christopher George Hansen caught what might be the most expensive rock lobsters ever netted. The Tasmanian delicacies should have brought him about $200 at market; instead, he Read More »
- SFA: No evidence that a fishing vessel caused telecom cable damage
  
  Shetland suffered a major blackout last Thursday when the Faroese owned subsea cable, which already was damaged halfway between Faroe and Shetland, got another hit just Read More »
- Interior secretary won’t eliminate any national monuments
  
  Interior Secretary Ryan Zinke said he’s recommending that none of 27 national monuments carved from wilderness and ocean and under review by the Trump administration be Read More »
- Dead plankton, stunned fish: the harms of man-made ocean noise
  
  Human-caused ocean noise and its dangers to marine life are the focus of meetings at the United Nations this week, a victory for advocacy groups that Read More »
- Commercial diver dies after Port Angeles accident; benefit concert planned to aid his family
  
  PORT ANGELES — A benefit concert is planned in June for a Bremerton diver who died Sunday after he was pulled from the waters off Green Read More »
- Commercial Fishing Vessel Runs Aground off Truro
  
  A fishing vessel ran aground in Truro Tuesday. The 78 foot F/V Carrabassett, home ported in New Bedford, came ashore in the area of Long Nook Read More »
- New Maryland director of fisheries named
  
  David Blazer, deputy director of harbor development for the Maryland Port Administration, takes over Sept. 21 as director of fisheries, DNR announced Wednesday.The announcement comes more Read More »
- Female blue crabs getting tagged in Gulf migration study
  
  Their scientific name – Callinectes sapidus – means “beautiful swimmer.” But just where, when and how far do blue crabs – specifically, the Gulf of Mexico’s Read More »
- Opinion: The politically corrupt management of the wild salmon resource in Canada is a sinking ship
  
  Salmon are forest creatures. When forest structures are in decline, creatures of the forest including wild salmon are in decline. When the forest is gone, wild Read More »
- “Deadliest Catch” Vessel Aleutian Ballad, From a Colorful Past to Industrial Tourism
  
  The Aleutian Ballad was a crab boat for 23 years before it was converted into an industrial tourism ship. The crabber was shown on the Discovery Read More »
- Trial for fishermen netted in federal probe set for September
  
  The trial of six fishermen, two seafood dealers, along with corporations they own, who are charged in connection with a multi-year scheme to sell unreported Atlantic Read More »
- Lobsters Are A Prawn In The Trade Wars
  
  American lobster and lobster fishers got caught in a trade war being fought on multiple fronts. The United States is battling China on one major front Read More »
- F/V Arctic Storm Coast Guard escorted back to Kodiak after discovering numerous safety violations following at-sea boarding
  
  KODIAK, Alaska — A boarding team from the Coast Guard Cutter SPAR terminated the voyage of the fishing vessel Arctic Storm after discovering numerous safety violations Read More »
- Army Corps of Engineers’ Draft Environmental Impact Statement for Pebble Project is inadequate and underestimates potential impacts
  
  Congress yesterday completed a spending deal that includes a stern warning to the U.S. Army Corps of Engineers regarding its rushed and flawed permitting process for Read More »
- The History of the Downeasters at Wesmac Custom Boats
  
  Downeasters, aka lobsterboats, are renowned for their seakeeping ability and classic, thrifty, Yankee good looks. Bred in Maine a century ago, they serve as cruisers, sport-fishers Read More »
- MFV Louisa Fisherman Lachlann Armstrong’s battle for survival: “I didn’t know if I’d make it”
  
  A fisherman who swam through icy waters and clung onto rocks after his boat sank off the Outer Hebrides has spoken of his dramatic battle for survival Read More »
- It’s Raining Ratepayer Money! Wind Goes A’Wooing in $70 Billion Race for Offshore U.S. Market
  
  Want to spruce up your downtown, or maybe get $10 million to support workforce training at the local college? How about investments to help rebuild aging Read More »
- Scallop survey technologies get grilling by select NOAA panel
  
  In the scallop science world, what’s going on this week on the waterfront is a little like a battle of the bands: three competing methods of Read More »
- Fishing industry welcomes move as WA government puts proposed legislation on ice
  
  New fishing laws a decade in the making have been put on hold by the Western Australian government just months before they are due to come Read More »
- Lawsuit seeks to protect whales, turtles from California gillnets
  
  Oceana filed a lawsuit seeking to force U.S. fisheries managers to implement plans for restricting the number of whales and turtles permitted to be inadvertently snared Read More »