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Policy
New England panel boosts proposed fiscal 2020-22 groundfish quota by 60%

By Feb. 19, 2020 4:24 PM

The proposed changes would allow harvesters to catch 129% more haddock in the Georges Bank area and 45% more in the Gulf of Maine than in the fiscal 2017-19 period

Codfather
Blue Harvest CEO expects 15 Rafael vessel deal to close within weeks

Jan. 13, 2020 3:17 PM

'At this time, no, I don’t see any further impediments to closing the transaction' -- Blue Harvest Fisheries CEO Keith Decker

Codfather
Ugly fight over Rafael vessels divided New England sector, led to board overhaul

By Jan. 10, 2020 5:44 PM

The nasty battle over who will acquire most of Carlos Rafael's groundfish vessels appears over, but not before it led to the overhaul of one of New England's fishing sector boards

Codfather
Canastras: Backers for Rafael vessels withdrew after Blue Harvest lawsuit

By Jan. 9, 2020 7:05 PM

'It was not BASE’s intention to acquire and own these permits and vessels for BASE’s long-term ownership'

Policy
Bregal’s Blue Harvest set for 15 Rafael vessel deal after Canastras withdraw offer

By Jan. 8, 2020 3:37 PM

Richard and Raymond Canastra's Buyers and Sellers Exchange 'has provided notice to the Rafaels that they are not moving forward with the transaction', reads an email sent to attorneys

Asia
EU’s whitefish self-sufficiency falls to 10% as AIPCE calls for flexible imports

By Dec. 18, 2019 10:37 AM

The EU's self-sufficiency for cod fell below 10% for the first time in 2018, with utilization of EU fisheries in decline even as quotas rise

Codfather
Blue Harvest inks deal to acquire 35 Rafael groundfish vessels for $25m

By Nov. 25, 2019 7:00 PM

Other groundfish harvesters in the sector where Carlos Rafael's fleet worked have until roughly Christmas Day to make any competing bids

North America
State judge’s order thwarts auction owners’ apparent last stab at buying Rafael vessels

By Sept. 19, 2019 5:49 PM

Massachusetts state court documents reveal multiple unsuccessful efforts by Raymond and Richie Canastra to buy Carlos Rafael's fleet, including a recent attempt

Codfather
Rafael sitting on $46m deal for seven scallop vessels?

By Sept. 11, 2019 5:59 PM

A seven-page purchase agreement signed by Stephanie Rafael DeMello, Carlos' daughter, reveals a buyer was secured for about a quarter of his fleet almost two weeks ago

Whitefish
Brim, formerly HB Grandi, back in black in Q2

By Aug. 30, 2019 9:56 AM

The company, which Gudmundur Kristjansson has taken over and is building up through a series of audacious deals, reported Q2 profit of €6.8m, compared to a loss of €200,000

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