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Analysis

ProPublica-backed report puts Blue Harvest on skewers over foreign ownership, treatment of harvesters

'Under the private equity takeover, regional economies like New Bedford's are keeping less of the industry's profits while a cut of the owners' share is shuttled to skyscrapers in Manhattan'

By Undercurrent News | July 6, 2022 15:29 BST
The Carrabassett, one of the vessels acquired by Blue Harvest Fisheries from Carlos Rafael and refitted. Photograph courtesy of Blue Harvest Fisheries.
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Blue Harvest Fisheries, a US scallop and groundfish harvester and processor, is confronting a heavy dose of negative press this morning in the form of a lengthy 6,000-word article published by the news outlet The New Bedford Light [...]

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