AFT Holdings to Withdraw from Direct Investment in Tuna Vessels

April 24, 2018 Western Pacific

AFT Holdings, Inc. today announced its intent this year to withdraw its direct investment in the U.S. Flagged Ocean Global and Sea Global Fleet of Tuna Seiners. Going forward, the international investment group will focus its resources on its current portfolio of companies, as well as in creating new opportunities in the functional and healthy food space. In 2007, AFT and its principals were one of the original investors to commit to the resurgence of the U.S. Tuna Fleet in the Western Central Pacific. In 2006, the U.S. Fleet had been reduced to 13 vessels,,, >click here to read<19:27

AFT Holdings, Investment in Tuna Vessels, Ocean Global, Sea Global, South Pacific Tuna Treaty, to withdraw investment, Tuna Seiners, Tuna Vessels, U.S. tuna fleet, Western Central Pacific

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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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