For Sale

December 13, 2023 International, International News, National, North Pacific, Pacific

In the wake of a November warning that the entire industry is in trouble because of global market conditions, Trident Tuesday announced that it was launching a “comprehensive restructuring initiative” that called for “streamlining” and modernizing its 49th state operations. Or, in other words, it is trying to offload a third of its 12 processing operations, including one of the biggest. Industry insiders had been forecasting significant changes in one of the state’s main industries since processors paid high prices for a record run of Bristol Bay sockeye in 2022 only to be left holding the bag as both demand and prices dropped. But major downsizing by Trident, which has long promoted itself as “Anchored in Alaska,” still caught many by surprise. more, >>click to read<< 06:27

Columnist Craig Medred, For Sale, processing operations, Seattle-based Trident Seafoods

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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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