five shore-based processing plants

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Inlet Fish Producers sold to North Pacific Seafoods, a subsidiary of the Japanese trading house Marubeni

July 1, 2015 North Pacific

Two Cook Inlet processing facilities will be added to a growing list of salmon production businesses owned by the Seattle-based North Pacific Seafoods. The acquisition, announced Tuesday, will add the Kenai and Kasilof plants currently owned by Inlet Fish Producers to the North Pacific Seafoods operates in Alaska. North Pacific Seafoods is a subsidiary of the Japanese trading house Marubeni and the deal cost the company about $8 million, according to the Japanese business and financial publication Nikkei Review Read the rest here 20:11

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Ocean Resource Privatization

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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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