glut in the market – fisherynation.com

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Cape Breton: millions of dollars of the crustacean being held in live storage, fishermen are expected to tie up boats

June 2, 2014 Canada

“I haven’t seen this happen before in my time. There is that many lobster that we can’t even get crates to hold them,” Kennedy said. “I’d say that for just myself, I’m probably sitting on about $1.7 million worth of lobster. I wouldn’t be shy to say there there is $10 to $12 million in lobsters floating right now in Cape Breton. Buyers have them bought, but can’t sell them.” Read more here 23:27

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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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