Tag Archives: Mark DeCristoforo
DOJ Digs Into “Competition Concerns” in New England Fishing Industry
The U.S. Department of Justice has begun looking at possible antitrust issues in the New England fishing industry, amid growing concern about consolidation and market dominance by private equity investors. One such firm is Blue Harvest Fisheries, which operates out of New Bedford, Massachusetts, and is the largest holder of permits to catch groundfish such as pollock, haddock and ocean perch. The investigation traced the company’s ownership to a billionaire Dutch family via a private equity firm. Over the past seven years, records show, the company has purchased the rights to catch 12% of groundfish in the region, approaching the antitrust cap of 15.5%. It further boosts its market share by leasing fishing rights from other permit owners. >click to read< 07:50
‘I don’t want to be a Wal-Mart fisherman’: Scallopers sound off about permit leasing/consolidation
The New England Fisheries Management Council held a scoping meeting Wednesday at the New Bedford Whaling Museum on its proposed Scallop Fishery Management Plan adjustment. Should it go through, the plan would allow scallopers to lease out portions of their days at sea license to other boats, causing concern among small fisherfolk and portside business-owners alike. “I was born a fisherman’s daughter and became a fisherman’s wife,” said Evelyn Sklar at the meeting. “And now I’m a fisherman’s mother and a fisherman’s grandmother. “I hope I can die in peace, because this doesn’t belong in the fishing family industry.” “When consolidation happened [in the groundfish fleet], the community dried up around it,” “As consolidation happened with draggers, they were forced out of business,” said Justin Mello, captain of the Temptress. “I can see the same thing happening. >click to read< 08:12
New Bedford Scallopers tell fishery managers they don’t want leasing
More than 110 attendees, a mix of fishermen, shoreside business owners, marine scientists, attorneys and vessel owners, filled a meeting room at the Whaling Museum on Wednesday for the first of two public meetings in New Bedford on the leasing proposal. Those who spoke in opposition drew loud applause, while those who spoke in support drew little or none. “There was a time in this industry when a father owned a boat and he taught his son, and his son was able to rise up … buy and operate his own boat, and you know, those days are gone,” said Tyler Miranda, a New Bedford captain of two scallopers. “I think that if [leasing] does move forward and is developed, it will take even further away from the family and community dynamic that fishing is and always was — and will make it more corporate.” >click to read< 13:50
Massachusetts Seafood Collaborative calls for sanctions on Russian fish imports
The Boston-based Massachusetts Seafood Collaborative, which has several Gloucester members, is calling for sanctions to take a bite out of Russian fish imports because of the war in Ukraine. The collaborative, which counts the Gloucester Fishermen’s Wives Association as a member, said that in 2021, the U.S. imported $4 billion worth of Russian fish for processing, leading directly to jobs and paychecks for Massachusetts residents. “Though Russia blocks imports of American fish,” the collaborative said, “our commitment to free trade and open markets allowed this one-sided relationship to bear fruit. The invasion of Ukraine by Russia has forced our industry and our nation to decide between our ideals and our wallets.”>click to read< 08:42