US tuna supplier Tri Marine sold to Bolton Group

July 8, 2019 Western Pacific

Bolton Group, the Italy-based FMCG business, has reached an agreement with fellow tuna supplier Tri Marine of the US to acquire the remainder of the company. Milan-based Bolton has held a “significant” minority interest in the Tri Marine global business since 2013 and will now take 100% ownership, according to a statement, with both parties agreeing not to disclose the terms of a deal that was first mooted in April. Privately-held Tri Marine, which is engaged in the fishing, processing and distributing of tuna, will retain its name, while chief executive Renato Curto will continue to fulfil his role during a transition period. >click to read< 17:45

Bolton Group, chief executive Renato Curto, engaged in the fishing, Italy-based FMCG business, processing and distributing of tuna, Tri Marine sold to Bolton Group, US tuna supplier

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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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