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Stocks head for weekly loss as economy’s coronavirus pain deepens – Seafood industry hit hard

January 16, 2021 International News, Mid Atlantic, National, New England, North Pacific, Pacific, South Atlantic, Western Pacific

A federal report says the coronavirus pandemic has taken away about a third of the commercial fishing industry’s revenue. The National Oceanic and Atmospheric Administration says revenues from catch brought to the docks by commercial fishermen fell 29% over the course of the first seven months of the year. The report says revenues declined every month from March to July, including a 45% decrease in July. The NOAA report says the seafood industry at large has been hit hard by restaurant closures, social distancing protocols and the need for safety measures. >click to read< 09:15

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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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