733% drop in operating profit – fisherynation.com

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More Northern Ireland fishermen can’t afford to go to sea due to surging fuel costs

April 6, 2022 International

Harry Wick, CEO of the Portavogie based NI Fish Producers Organisation said that the rising cost of red diesel is making some 900 fishing related jobs in Northern Ireland increasingly vulnerable. “In terms of the price of fuel it is a very serious issue for us,” he said. “We currently have vessels tied up because it just isn’t economical for them to fish at the minute. “If red diesel prices stay above 90p for the remainder of the year they are looking at a 733% drop in operating profit. Now bear in mind anything over a 100% drop in operating profit means that you are operating at a loss. >click to read< 16:28

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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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