Paine & Partners Enters into Agreements to Sell Icicle Seafoods

June 27, 2015 North Pacific

Under the transactions, Convergence will acquire Icicle’s land-based wild seafood processing and farmed salmon activities, and Dominion will acquire the Company’s harvesting and processing vessels as well as the associated fishing rights. Convergence and Dominion have agreed to enter into long-term contracts to continue Icicle’s diversified seafood operations following the completion of the transactions. Financial terms of the transactions and of the agreement between Convergence and Dominion were not disclosed. Read the rest here 17:47

Agreements to Sell Icicle Seafoods, Icicle Seafoods, Paine & Partners

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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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