Pacific Seafood Group calls off acquisition of Ocean Gold Seafoods – Fishermen press forward with the lawsuit

January 28, 2015 Pacific

Pacific Seafood Group announced Tuesday it has canceled plans to acquire Ocean Gold Seafoods, citing a legal challenge from commercial fishermen who allege the purchase would expand Pacific Seafood’s monopoly power over the groundfish, whiting and coldwater shrimp markets. A federal judge granted the fishermen a temporary restraining order to block the acquisition of the Westport, Wash., fish processing plant and scheduled a hearing for early February. Read the rest here 19:50

calls off acquisition, lawsuit, Ocean Gold Seafoods, Pacific Seafood Group

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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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