Oceana fisheries – fisherynation.com

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A conflict of interest and possible corruption

February 22, 2018 International News, National

Benguela Global, the fund manager that raised concerns about Capitec’s loan policies at the same time as Viceroy published a critical report on the bank, has made public its objection to recent developments at fishing company Oceana, suggesting the developments are a “related party transaction entailing a massive conflict of interest and potentially even laced with corruption”.,, In a nutshell, Oceana acquired 100% of US fishmeal producer Daybrook Fisheries in July 2015 for $382.3 million as part of its bid to diversify its operations and grow globally as there were few options remaining in South Africa. >click to read< 13:14

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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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