Warren, Markey and Keating demand answers from Blue Harvest owners

February 15, 2024 International, International News, National, New England

“After years of putting private equity profits ahead of workers and small businesses, Bregal Partners — which owned and stripped Blue Harvest of its assets — owes the community an explanation,” wrote Sen. Elizabeth Warren, Sen. Ed Markey and U.S. Rep Bill Keating. They each signed the joint letter addressed to Gene Yoon, managing partner of Bregal Partners, which owned 89.5% of New Bedford-based seafood giant Blue Harvest Fisheries prior to the company declaring bankruptcy in September of 2023. “Bregal’s actions with respect to Blue Harvest have left local small businesses and workers holding the bag after your firm spent years price gouging, mistreating workers, saddling consumers with junk fees, and stripping assets,” the letter continued. “Your actions have harmed New England’s fishing industry and left over 1,000 independent contractors, businesses, and other creditors saddled with debt.” more, >>click to read<< 07:18

and stripping assets, Blue Harvest Fisheries, Bregal Partners, mistreating workers, New Bedford, New England's fishing industry, price gouging, saddling consumers with junk fees, Sen. Ed Markey, Sen. Elizabeth Warren, small businesses and workers holding the bag, U.S. Rep. Bill Keating

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
- PROVINCIAL PROCESSING SYSTEM BROKEN, OUTSIDE BUYERS FOR ALL SPECIES NOW
  
  Six weeks into a provincial shutdown of the snow crab fishery and no movement on the minimum price from the Association of Seafood Producers (ASP), FFAW-Unifor Read More »
- After falling to historic lows, Alaska commercial fishing deaths on the rise
  
  After a recent historic year of no recorded deaths in Alaska’s commercial fishing industry, fatalities in the sector known for its dangers have once again spiked. Read More »
- FISH-NL to hold news conference Monday on membership drive
  
  FOR IMMEDIATE RELEASE Friday, Aug. 9th, 2019, The Federation of Independent Sea Harvesters of Newfoundland and Labrador (FISH-NL) has scheduled a news conference for Monday, Aug. Read More »
- The Last Watermen
  
  In April 2002, the city ordered Alexander “Skip” Parkinson, a crabber, to leave his permanent slip under its first-come, first-served docking policy, making him the last Read More »
- Anglers welcome offshore wind energy in the Gulf of Mexico; shrimpers skeptical
  
  While commercial shrimpers worried that turbines might crowd them out of prime harvesting areas, recreational fishing groups wanted assurances they could get as close as possible Read More »
- N.C. Marine Fisheries Commission – Certain waters to re-open to gill nets
  
  Gill net fishermen will soon be able to return to the water, but no red drum caught in their nets as bycatch can be kept before Read More »
- Calling on the president to make commercial fishing great again
  
  One boat after another offloaded their catch at Gambardella’s Wholesale Seafood. A busy day for the seafood distributor but that’s not the norm these days. Fewer Read More »
- Maryland to restrict crabbing, including first-ever limits on harvest of male blue crab
  
  Regulations issued this week, to be in effect from July through December, will limit commercial watermen to at most 15 bushels a day of male crabs Read More »
- North Carolina Fisheries Association Weekly Update for February 16, 2018
  
  Click here to read the Weekly Update, to read all the updates Click here, for older updates listed as NCFA click here 14:23 Read More »
- Conch is Big Business but Still a Mystery
  
  On a blustery November day, in choppy waters somewhere off the western shore of the Island, Capt. Otto Osmers winched in his first conch pot of Read More »
- Icelandic Cod Spray Bodes Well Against Coronavirus
  
  While several countries across the globe are vying to create a vaccine against COVID-19, Iceland, a nation of fishermen, has come up with a possible solution Read More »
- FERC Staff Recommend Removal of Lower Klamath Dams in Final Environmental Document
  
  After nearly two decades of painstaking negotiations and political turbulence, the largest river restoration project in American history is set to begin early next year. This Read More »
- Does Newfoundland Fisherman Tony Doyle have the answer NOAA Doesn’t?
  
  It’s a huge mystery to NOAA scientists. Where have the fish gone? The ENGO bunch seems happy to say that the New England fishing fleet has depleted Read More »
- R.I. fishermen critical of wind farm plan
  
  Developers Ørsted U.S. Offshore Wind and Eversource Energy say that they’ve taken into account the concerns of fishermen by configuring the wind farm’s up to 15 Read More »
- Carbon Emissions: Beef, Lamb, Lobster or Fish?
  
  A new study by the University of Tasmania, Australia, and Canadian scientists has found that catching most types of fish produces far less carbon per kilogram Read More »
- Fish and chips may ‘double’ in price without fuel help
  
  A major figure in New Zealand’s fishing industry warns more boats could be tied up and the price of fish and chips will double unless the Read More »
- Demystifying Ecosystem-Based Fisheries Management
  
  Ecosystem-based fisheries management (EBFM) became a major initiative of resource managers around the world beginning in the 1990s. Unlike traditional management approaches that focused solely on Read More »
- Coast Guard saves man aboard sinking vessel near Kake, Alaska
  
  The Coast Guard rescued a man from his fishing vessel that was taking on water northeast of Kake and towed the vessel to safety, Tuesday. Watchstanders Read More »
- A submerged concern: offshore wind cables
  
  As offshore wind turbines undergo construction in waters south of the Vineyard, and with some already standing and delivering power, the debates on the Island regarding Read More »
- Cape May fisherman finds submerged engine from WWII-era aircraft
  
  The engine of an aircraft that dates back to World War II was found underwater off the coast of New Jersey earlier this month while a Read More »
- U.S. District Court Judge Russel Holland speaks out on Exxon Valdez saga
  
  U.S. District Court Judge Russel Holland, who presided over the monumental Exxon Valdez oil spill court cases, removed his black robes to joke and offer personal Read More »
- Maine: Lobstermen could soon face another new gear regulation
  
  Patrick Keliher, Commissioner of the state’s Department of Marine Resources, says recent research shows that the number of juvenile lobster floating in the water column or Read More »
- NOAA Announces Closure of the Northern Gulf of Maine Scallop Management Area
  
  NOAA Fisheries is closing the Northern Gulf of Maine Scallop Management Area to all federally permitted limited access general category scallop vessels effective 0001, on May Read More »
- Fishing vessel catches fire off the coast of Oregon
  
  U.S Coast Guard crews responded to a fire on a 42-foot commercial fishing vessel off the coast of Manzanita Beach in Oregon early Saturday morning. USCG Read More »
- Livelihoods Threatened, Angry fishermen in Sonora attack federal officials
  
  Angry fishermen in Sonora attacked environmental officials Wednesday night and torched 15 vehicles, including trucks, boats, and ATVs. Worried that their livelihoods were being threatened by federal environmental Read More »