OpenHydro that went bankrupt – fisherynation.com

Tag Archives: OpenHydro that went bankrupt

Legal fight over Open Hydro continues

July 12, 2019 Canada

Local businesses left holding the bag for millions of dollars worth of work installing a tidal turbine in the Minas Passage want the Irish parent company to keep its hands off its bankrupt subsidiary’s remaining asset.,, The company was the Canadian subsidiary of Irish parent OpenHydro that went bankrupt days after a massive tidal turbine was installed in the Minas Passage. The Irish company’s bankruptcy occured after French defence firm Naval Energies, which had been bankrolling the project to the tune of hundreds of millions of dollars, pulled its funding. >click to read< 12:37

Comment

Ocean Resource Privatization

Articles Posted by Date
April 2024

M T W T F S S

1 2 3 4 5 6 7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30

« Mar

April 2024
M	T	W	T	F	S	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30

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

Recent Posts
- Rhode Island Fishermen’s Alliance Weekly Update July 14, 2013
  
  “The Rhode Island Fishermen’s Alliance is dedicated to its mission of continuing to help create sustainable fisheries without putting licensed fishermen out of business.” Read the Read More »
- Mass Environmental Police confiscate Scallops over permitted limit on Carlos Rafael vessel
  
  The Massachusetts Environmental Police confiscated 120 pounds of scallops off a Carlos Rafael fishing vessel on Sunday, according to Major Pat Moran. The scallops at being Read More »
- Calls for €12m fund to help inshore fishing industry
  
  The Government is to be asked to give Ireland’s inshore fishers more than €12m to help them deal with the disruption to their markets caused by Read More »
- MP Rachel Blaney: Trudeau government breaks promise to remove fish farms by 2025
  
  She says they’re backpedalling on an election promise to remove British Columbia’s open net salmon farms in five years’ time. “Sadly, it doesn’t surprise me,” Blaney Read More »
- Shrimpers in Florida losing millions after Hurricane Ian
  
  Jesse Clapham, of Erickson and Jensen Seafood, said his company brings in $10 million a year from shrimping. Ian is a major setback to an industry Read More »
- F/V Mary B II: Coast Guard to investigate capsizing on Yaquina Bay Bar in Newport, Ore.
  
  The Coast Guard is investigating the capsizing of the commercial fishing vessel Mary B II, which lead to the deaths of three fishermen at the entrance Read More »
- Bering Sea fishery management needs to change for halibut users across Alaska
  
  This year the Magnuson Stevens Act will be reauthorized by Congress. The MSA is the law by which the National Marine Fisheries Service and the North Read More »
- Athearn Marine Agency Boat of the Week: 44ft 11in Provincial Longliner Rod & Reel
  
  To review specifications, information, and 30 photos’,>click here<, To see all the boats in this series, >click here< o7: 55 Read More »
- Freedom, danger is in R.I. fisherman’s wheelhouse – Mark Patinkin
  
  I got to wondering what it’s like these days for commercial fishermen so I drove to the Point Judith docks, walked up to the trawler Elizabeth Read More »
- NEW BEDFORD: Mayor Jon Mitchell urges fisheries group to base yellowtail quota on reliable science
  
  Mayor Jon Mitchell Tuesday urged the organization responsible for setting catch limits for fish species shared between the United States and Canada to negotiate a Georges Read More »
- Scallop fishermen and industry advocates call for changes to proposed NY Bight offshore wind farm area’s
  
  In an online call with Bureau of Ocean Energy Management (BOEM) officials, industry representatives highlighted the need for a buffer zone to protect the most valuable Read More »
- Omega Protein : Conservation groups and legislators look to change menhaden regulations
  
  With the lights of the Chesapeake Bay Bridge-Tunnel twinkling in the background, Barry Knight looked at a room full of supporters and realized he no longer Read More »
- Large fire guts fish plant in eastern Newfoundland
  
  A fish plant in a small community in eastern Newfoundland has been gutted by a large fire, leaving the village without its core employer. The local Read More »
- North Carolina Fisheries Association Weekly Update for February 21, 2020 February 28, 2020
  
  Legislative updates, Bill updates, Calendar, >Click here to read the Weekly Update<, to read all the updates >click here<, for older updates listed as NCFA >click Read More »
- Offshore Wind Farm’s Meteorological Tower To Be Constructed Next Month; Officials Express Concerns At Public Hearing
  
  A 300-foot-plus meteorological tower will be installed about 17 miles off the coast of Ocean City next month in advance of the US Wind offshore wind Read More »
- DFO at risk from budget cuts, change: internal review
  
  NDP critic says department in chaos; U.S. analyst calls it an “implosion” An internal performance review says Canada’s Department of Fisheries and Oceans is at risk Read More »
- An online home delivered service is going off the hook!
  
  Door to door fish deliveries are taking off in Taranaki like never before. “It started as a part time business, three days a week. But now Read More »
- Texas Shrimp Industry Lacks Willing U.S. Workers
  
  It’s two weeks in the Shrimp Season and Texas shrimpers are dealing with another worker shortage. Last year about 20% of the Texas Shrimp fleet stayed Read More »
- Why this super ship is making enemies in Alaska and on Capitol Hill
  
  A few weeks ago, Helena Park reluctantly repainted her brand new, $75-million, fishing boat to mask its name, “America’s Finest.” It no longer seemed appropriate since Read More »
- Cheap at sea, pricey on the plate: The voodoo of lobster economics
  
  To the best of my recollection, Larry the Lobster showed up in one of Lloyd Robicheau’s traps some time between dawn and 8 a.m. on a Read More »
- 2 arrested in assault of ‘Deadliest Catch’ star Jake Harris
  
  Authorities in Washington state said Tuesday that two people accused of beating one of the stars of the TV series “Deadliest Catch” over the weekend were Read More »
- Senators Warren and Markey calls for review of Canada’s protections of endangered right whales
  
  Two U.S. senators from Massachusetts, including presidential candidate Elizabeth Warren, are calling for an investigation of Canada’s regulatory measures to protect the North Atlantic right whale.,,, Their Read More »
- Crab Fight! Aboard Alaska’s Quest to Be America’s King of Crab
  
  Deep in the Bering Sea off Alaska’s Aleutian Islands, the U.S. and Russia share fishing waters that are home to this nation’s supply of king and Read More »
- We’koqma’q gets federal approval for moderate livelihood fishery
  
  We’koqma’q First Nation in Cape Breton reached an understanding with the Department of Fisheries and Oceans this week. Certain harvesters can now fish lobster and sell Read More »
- Pacific Halibut numbers could drop
  
  Scientists monitoring halibut say there could be a decline in the bottom fish along the coast of the U.S. and Canada in upcoming years if the Read More »