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Companies
Bill would allow companies to negotiate directly with foreign governments for fishing rights

March 2, 2016 5:22 PM

A proposed law would allow US individuals and companies to negotiate with foreign governments for fishing rights rather than leaving the job to the US government

Codfather
Sources: Feds seize documents from Rafael’s alleged New York buyer

By March 2, 2016 1:29 PM

Documents reportedly taken by US federal agents from South Street Seafood, owned by a Michael Perretti, said to be Carlos Rafael’s buyer named in affidavit

Europe
HB Grandi’s new wetfish trawler launched in Turkey

March 2, 2016 10:15 AM

Engey vessel has just been floated by Turkish yard Celiktrans Deniz Insaat

Central America
Mexico’s Pinsa expects export growth after investing $165m

By March 1, 2016 3:40 PM

Canner looks to boost international sales of processed tuna, sardines on back of plant expansion

Pacific Andes
Former CEO of fraud scandal-hit Sino Forest to restructure China Fishery

March 1, 2016 10:06 AM

Former CEO of Sino Forest’s parent company, Paul Brough, appointed chief restructuring officer of China Fishery Group

Codfather
NGO: Rafael’s alleged groundfish scam show need for at-sea monitoring

By Feb. 29, 2016 5:46 PM

Allegations make it clear NOAA must start effective fishery monitoring system, not continue the underfunded program it has had in place for years, says EDF

Scallop M&A boom
Rafael valued business $154m over book level due to illegal fish sales, feds allege

By Feb. 29, 2016 10:16 AM

Despite having only $21m in assets on his books, Rafael valued his business at $175m due to the amount of illegally caught fish he was selling, feds allege

Companies
Russian shipyard to construct freezer trawler for Nord-Pilgrim

Feb. 29, 2016 10:09 AM

Russia's Vyborg Shipyard is to build a new freezer trawler for fishing firm Nord-Pilgrim, which it will use to fish in the North Atlantic

Europe
P&P invests €70m in replacement fishing trawlers

Feb. 29, 2016 9:43 AM

Two new whitefish vessels are scheduled for delivery by Norwegian yards in 2017, while a further €10m will go into updating processing facilities

Scallop M&A boom
Feds: Rafael told undercover agents he’s been running fraud scheme for 30 years

By Feb. 26, 2016 11:38 PM

While allegedly trying to sell his firm for $175m to federal agents posing as Russian mobsters, Carlos Rafael reportedly said he’s has run a fraud scheme for over 30 years

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