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Codfather Jan. 9, 2020 7:05 PM
Canastras: Backers for Rafael vessels withdrew after Blue Harvest lawsuit

By Jason Huffman

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

Redfish Jan. 8, 2020 3:37 PM
Bregal’s Blue Harvest set for 15 Rafael vessel deal after Canastras withdraw offer

By Jason Huffman

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

Companies Dec. 18, 2019 10:37 AM
EU’s whitefish self-sufficiency falls to 10% as AIPCE calls for flexible imports

By Dan Gibson

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 Nov. 25, 2019 7:00 PM
Blue Harvest inks deal to acquire 35 Rafael groundfish vessels for $25m

By Jason Huffman

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

Supply Sept. 19, 2019 5:49 PM
State judge’s order thwarts auction owners’ apparent last stab at buying Rafael vessels

By Jason Huffman

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

Codfather Sept. 11, 2019 5:59 PM
Rafael sitting on $46m deal for seven scallop vessels?

By Jason Huffman

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

Europe Aug. 30, 2019 9:56 AM
Brim, formerly HB Grandi, back in black in Q2

By Tom Seaman

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

Whitefish Aug. 30, 2019 9:04 AM
Samherji’s new ‘high-tech’ plant set for Q1 opening 

By Tom Seaman

Icelandic fishing and processing firm Samherji aims to be processing fish in a new 'high-tech' plant in the first quarter of 2020, with a new pelagic vessel to arrive in the summer

M&A Aug. 29, 2019 11:00 AM
Iceland Seafood invests in Ireland, Argentina with Spain merger ongoing 

By Tom Seaman

ISI has invested in its Irish processing business and plans to expand its operation in Argentina, while expecting savings of €3m-€3.5m from merging its two Spanish operations

Policy Aug. 28, 2019 2:56 PM
Seized Rafael groundfish vessels, permits made available in online auction

By Jason Huffman

The Lady Patricia was sold on Aug. 15 for $570,000 after being listed on behalf of the US Marshals Service by Gaston & Sheehan Auctioneers roughly three weeks ago

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