Tag Archives: Newfoundland and Labrador fishing industry
The Newfoundland and Labrador Groundfish Industry Development Council are Disappointed with the Northern Cod Maximum Allowable harvest announced today by DFO
“The NLGIDC were hoping for an increase in the harvest level for 2023 based on the extremely successful cod fishery in the 2J3KL area in 2022”, said James Baird, the chair of the NLGIDC. “Weekly harvest rates for the first 4 weeks of this fishery in 2022 all surpassed the highest weekly landings observed in this fishery since 2016”, continued Baird. “Additionally, the lack of science assessments for Northern cod in 2022 and 2023 continue to hinder the development of this iconic fishery and is a cause of considerable concern for the Newfoundland and Labrador fishing industry”, said Paul Grant, the Executive Vice-President of Beothic Fish Processors Ltd. >click to read< 18:48
A combination of record prices and bigger quotas driving excitement in N.L. crab fishery
“I think this will be the best year ever for the crab fishery,” Bussey said recently, standing on the deck of his 65-foot fishing vessel, the Eastern Princess II.,, “For me and my wife this is a good way to put in another good year and a successful one for us,” said veteran harvester Wayde Gillingham. “It will help us get through the year and be financially stable for a year,” added crewmate Jonathan Boone. A combination of record prices and bigger quotas is setting the stage for the best ever season in the Newfoundland and Labrador crab harvest, with insiders predicting that the landed value could exceed $500 million. But while harvesters are celebrating, the companies and buy and process crab are not. In a statement released late Friday afternoon, the executive director for the Association of Seafood Producers said the price is too high, and that the model used to set prices is broken. >photos, video, click to read< 19:50
