Tag Archives: Steve Atkinson
Lawsuit alleges Cooke Aquaculture using shell companies to skirt U.S. law
Cooke Aquaculture, one of New Brunswick’s largest companies, has asked for dismissal of a U.S. lawsuit accusing it of using a complex web of shell companies to break anti-foreign ownership laws. Saint John-based Cooke Aquaculture has owned Omega Protein, in Virginia, since 2017. Omega is affiliated with another company that operates a Chesapeake Bay menhaden fishery, a small baitfish used to make fishmeal, fish oil and other products. The menhaden fishery under Omega has concerned environmental activists, who say the company is overfishing a fish that many species up the food chain depend on in the Chesapeake Bay, which is slightly smaller than the Bay of Fundy. The lawsuit alleges Cooke is violating the American Fisheries Act, which requires 75 per cent of a company fishing in the U.S. to be owned by a U.S. citizen. more, >>CLICK TO READ<< 07:35
Menhaden Harvest Increase Approved as Anglers Petition to Close Bay Fishery
East Coast fishery managers have approved increasing commercial harvests of Atlantic menhaden from Maine to Florida. The Atlantic States Marine Fisheries Commission (ASMFC), which regulates near-shore harvests of migratory fish, voted Wednesday to set a new ceiling on the coastwide menhaden catch of 233,550 metric tons, a 20 percent increase over the current quota. The longstanding cap on harvest in the Chesapeake Bay remains unchanged, at 51,000 metric tons. But conservationists and sports anglers continue to worry about the impact to the Bay from large-scale fishing of menhaden near its mouth. >click to read< 13:54
Land Based vs Open Pen Aquaculture – Fish out of ocean water dampen aquaculture enterprise
Some day, it might be possible to raise salmon in land-based closed containment ponds and make a profit. But that day is still a long way off, and even when it does become economically viable, land-based aquaculture might be like organic farming: an option for consumers willing to pay a premium, but which can’t replace ocean-based salmon farming. That’s not just the conclusion reached by the BC Salmon Farmers Association (BCSFA), it’s also the opinion of a Nanaimo businessman who owns a land-based fish farm. click here to read the story 12:39
