American Seafoods refutes quota sale reports – Total Speculation?

March 28, 2014 North Pacific, Pacific

American Seafoods Group refutes it is looking to sell quota and lease it back, after media reports surfaced stating this was underway on March 26. A statement from the company dismissed a media report, from Intrafish, asserting that American Seafoods is pursuing a proposed deal where an “investor or investors would acquire only American’s quota holdings, then lease that quota back for American Seafoods to harvest”. Read more here 11:28

American Seafoods Group, company seeks to start to refinance its $1billion debt, dismissed as total speculation, sell quota and lease it back, Undercurrent News

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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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American Seafoods refutes quota sale reports – Total Speculation?

Related

Leave a ReplyCancel reply

Ocean Resource Privatization

Articles Posted by Date

The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

Recent Posts

Coastal issues unresolved in U.S. Congress

‘It’ll be a disaster’: Southeast Alaska fishermen fear looming closure of king salmon fishery

Leona Aglukkaq targets Greenpeace in ICC speech, warns of alignment with the enviros.

Study shows Cook Inlet sockeye harvested in Kodiak

Commercial Fisherman Roscoe (Rocky) C. Chase III, of Harwich has passed away

Fishing was his life…and his death. Fisherman Peter Stilwell, Pompano Beach, Fla.

Hitting the Elver License Lottery! Handful of lucky Mainers win right to apply for lucrative elver licenses

Researchers tackle unseen crab mortality in Alaskan groundfish fisheries, win best paper award.

New England Fishery Management Council meeting in Portland Me. – December 1st thru 3rd – Listen Live!

Safe Harbor Bill Becomes Law, Ensures Legal Rights and Protection of Commercial Fishermen in Emergency Situations

A new oyster war – Rich homeowners vs. working-class watermen

81 False killer whales die off South Florida coast

Fishermen Feeding Mainers awarded $750K in federal funds

Wooden boat lover chief of volunteers keeping historic boat-building alive in Deltaville

Coast Guard, Make-A-Wish Alaska and Washington grant child’s wish in Kodiak, Alaska

Bering Sea Canyons May Become New Marine Wildlife Preserve

North Carolina Fisheries Association Weekly Update for January 2, 2017

The Alaska Board of Fisheries to take up Inlet setnetter petition – Molly Dischner

Update of fisheries law pits West Coast against East Coast

A “mystery” – Pink Salmon warning after species found in Irish rivers

Coast Guard rescues 3 from sinking boat near Sanibel – Video

Texas campaign hopes to bolster struggling shrimping industry

Trudeau says Hunter Tootoo resigned after ‘very difficult situation’

Delcambre shrimp processor overcoming old and new problems to survive

We ask Sen. Murkowski to let the Pebble process play out

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