Tag Archives: Mersey Seafoods

Canadian scallop quota valued at $200M sells to 3 Nova Scotia companies

In a blockbuster seafood deal, St. John’s-based Ocean Choice International (OCI) has sold its Canadian offshore scallop quota, worth an estimated $200 million, to three Nova Scotia companies. Ocean Choice held 16.77 per cent of the offshore scallop quota, which is fished mostly on Georges Bank off southern Nova Scotia. A key driver in the sale was the sinking of the company’s factory trawler Atlantic Destiny on Georges Bank in March 2021. CEO Martin Sullivan says they opted not to replace it. “We were looking at our options and we talked to these three Nova Scotia companies that have been industry partners of ours for a long time.” more, >>click to read<< 08:08

Over a Million Bucks for Bruce – Offshore Companies Get Leg-Up from DFO

This week, news broke that DFO spent untold millions completing two weeks of science work for redfish on the Mersey Venture, a 200-foot factory freezer trawler owned by Mersey Seafoods and part of the offshore lobby group, the Atlantic Groundfish Council headed by Bruce Chapman. Go on, ‘by. Surely the Union’s not out complaining about the government doing more science work when that’s what they’re going on about half the time? In an effort to simplify the complex history behind the issue, I’ll give readers some background. In a nutshell, DFO Science is directly subsidizing corporate offshore fisheries development at the expense of coastal communities and the owner-operator fishery. >click to read< 10:32