Saving Seafood

Cooke closes Omega Protein deal

December 21, 2017 — Omega Protein’s stockholders have voted to go ahead with a deal which sees the parent company of Cooke Aquaculture acquire all outstanding shares for nearly $500 million.

The deal was first announced in October. The transaction price represents a premium of 32.5% to Omega Protein’s closing share price on Oct. 5, 2017, which was $16.60, giving a market capitalization of $372.90m. The agreement has been unanimously approved by the board of directors of each of Omega Protein and Cooke, according to a statement.

The transaction was subject to the approval of Omega Protein stockholders, certain regulatory approvals and other customary closing conditions. BMO Capital Markets is providing committed financing for the transaction.

Omega Protein operates seven manufacturing facilities located in the US, Canada and Europe. The company also operates more than 30 vessels to harvest menhaden, a fish abundantly found in the Atlantic Ocean and Gulf of Mexico.

Read the full story at Undercurrent News

 

Cooke Aquaculture acquires Houston fishing company in $650M deal

December 20, 2017 — New Brunswick seafood giant Cooke Aquaculture got even bigger on Tuesday, with its acquisition of a Houston, Texas company and its workforce of 1,000 people.

Cooke Aquaculture acquired Omega Protein Corp. in a $500 million USD deal — approximately $650 million (Canadian) — in one of the single largest foreign investment deals a New Brunswick company has ever done in the United States.

“It’s the single largest acquisition [our] company has ever made,” said Joel Richardson, vice-president of communications for Cooke.

“When a New Brunswick company reaches beyond our borders and acquires a company outside our province, it helps strengthen jobs back here and at home.”

Omega Protein, founded in the early 1900s, is a fishing company that sources omega oils and specialty protein products for both nutritional supplements and animal feeds.

They operate over 30 boats off the Atlantic and Gulf coasts, near Mississippi, Louisiana and Virginia, and catch a forage fish called menhaden, which is rich in omega fatty acids.

Read the full story at CBC News

 

Chesapeake Bay sees ‘near-record high’ water quality

December 18, 2017 — EASTON, Md. — Water quality in the Chesapeake Bay has reached a near-record high, according to estimates announced Thursday, Dec. 14, by the Chesapeake Bay Program.

According to preliminary data from the U.S. Geological Survey, almost 40 percent of the Bay and its tidal tributaries met clean water standards for clarity, oxygen and algae growth between 2014 and 2016, which represents a 2 percent increase from the previous assessment period, according to the Chesapeake Bay Program.

Scientists are reasoning it is due in large part to a rise in dissolved oxygen in the deep channel of the Bay.

“The improving trends in water quality standards attainment follow similar trends in other indicators that we track. The acreage of underwater grasses has increased to more than 50 percent of its goal,” Chesapeake Bay Program Director Nick DiPasquale said.

“In addition, we are seeing an increase in the diversity of grass species and the density of grass beds. We also are witnessing improvements in several fisheries, including blue crabs, oysters and rockfish,” DiPasquale said. “While these improving trends are encouraging, we must ramp up our efforts to implement pollution control measures to ensure progress toward 100 percent of the water quality standards is achieved throughout the Bay and its tidal waters.”

Read the full story at the Star Democrat

Elver trafficking sting yields more jail sentences, another guilty plea

December 15, 2017 — Operation Broken Glass, an interagency sting of a national elver trafficking ring based in Maine, has yielded two more jail sentences and a guilty plea this week.

Yarann Im, a 35-year-old Portland seafood dealer, was sentenced to six months in jail for illegally trafficking 480 pounds of elvers, which are also known as glass eels or juvenile American eels, following a hearing Thursday in federal district court in Portland. Im pleaded guilty in 2016 to buying more than $500,000 worth of eels, or almost a million individual elvers that had been illegally harvested in Virginia, North Carolina and Massachusetts, and selling them abroad.

Thomas Choi, a 76-year-old seafood dealer from Maryland, was sentenced Thursday to six months in prison with a $25,000 fine for trafficking in $1.26 million of elvers.

On Tuesday, Maine fisherman Albert Cray pleaded guilty to trafficking elvers, admitting to harvesting them illegally in New Jersey and selling them to a Maryland dealer, who then exported them from the United States to buyers in Asia. In 2013, Cray admitted to trafficking more than $250,000 worth of illegally harvested elvers, according to a statement of facts filed with Cray’s plea agreement.

Read the full story at the Portland Press Herald

Mid-Atlantic residents see ocean health as major economic issue

December 7, 2017 — Eight in 10 residents of Mid-Atlantic states believe the ocean and beaches are important to their economies, including 95 percent of those living in coastal communities. Eighty-three percent of residents living in coastal communities believe that climate change is real—13 percentage points higher than a national survey taken by Monmouth University in 2015. Support for offshore oil and gas drilling plummeted from 46 percent in 2009 to 22 percent now among residents living closest to the coast.

These are some of the findings from a pair of survey reports released today by the Monmouth University Polling Institute (MUPI) and Urban Coast Institute (UCI). The surveys present the first region-wide snapshot of public opinion on ocean issues since the 2016 elections and offer a glimpse at how views have changed since major storms like Sandy and Irene impacted the Mid-Atlantic coast.

A regionwide survey was conducted with residents from Delaware, Maryland, New Jersey, New York, Pennsylvania and Virginia to gauge opinion of a wide range of coastal issues and elements of the Mid-Atlantic Ocean Action Plan, which was adopted in December of 2016 by the six states, federal agencies, tribal entities and Mid-Atlantic Fishery Management Council. A second survey was conducted specifically with year-round residents of Mid-Atlantic coastal communities that asked the same questions regarding ocean issues as a 2009 MUPI-UCI poll in order to track how opinions have changed over time among those living closest to the coast.

Read the full story at PHYS

 

New Jersey Flounder Fishery Shut Down for Rest of Year

December 1, 2017 — BARNEGAT LIGHT, N.J. — Federal fishing regulators say they’ve closed a New Jersey fishery that targets a popular species of flatfish through the end of the year.

The National Oceanic and Atmospheric Administration says the summer flounder fishery in the state must close because fishermen have hit their quota. Regulators previously shut down the summer flounder fishery in Rhode Island.

The state of New Jersey has also shut down the flounder fishery. The state is one of the biggest producers of the fish, which is sold as food in restaurants, super markets and seafood markets.

Read the full story from the Associated Press at U.S. News

 

Menhaden catch limit raised along Atlantic coast, slashed in Bay

November 20, 2017 — East Coast fishery managers plan to increase the coastwide menhaden catch by 8 percent next year, while slashing the amount that can be harvested from the Chesapeake Bay.

But despite heavy pressure from environmental groups, the Atlantic States Marine Fisheries Commission balked at a proposal that would have required fishery managers to take into account the ecological role of the small, oily fish when setting future harvest levels.

By the end of their two-day meeting in mid-November, commissioners had succeeded in disappointing and pleasing environmentalists and industry officials alike — typically not at the same time — while setting up another big debate two years from now over how to account for the role menhaden play as a food source for other species.

In a statement after the meeting, Robert Ballou, of the Rhode Island Department of Environmental Management and chair of the ASMFC Menhaden Board, acknowledged that many people were left disappointed by the decisions that will guide harvests for the next two years. But he said the commission’s actions demonstrated a “commitment to manage the menhaden resource in a way that balances menhaden’s ecological role with the needs of its stakeholders.”

It was the latest round in a decades-long struggle over how to manage the catch of Atlantic menhaden, a fish almost never eaten by humans that is an important food for a host of marine species. By weight, menhaden make up the largest catch in both the Chesapeake and along the East Coast, but by nearly all accounts their abundance is increasing, especially in New England. In fact, the ASMFC’s science advisers indicated that the current coastal catch limit of 200,000 metric tons could be increased by more than 50 percent with little chance of overfishing the species.

But conservation groups have long argued that such assessments do not fully account for the importance of menhaden as a food source for marine mammals, many birds, and a host of other fish, such as striped bass.

It is part of a larger, long-running debate between conservation groups and the fishing industry over how to treat forage fish, which include menhaden, anchovies and other small species that provide a critical link in the aquatic food chain by converting plankton into nourishment for larger predators.

Historically, conservationists contend that forage species have received less attention — and protection from overfishing — than the larger predators, such as striped bass. Prior to the meeting near Baltimore, conservationists had gathered a record-setting 157,599 comments urging the ASMFC to adopt new harvest guidelines, or reference points, that would take the ecological role of the fish into account when setting catch limits. If adopted, the guidelines would almost certainly have required a reduction in the current coastwide menhaden catch.

But critics — which included ASMFC’s own scientific advisers, as well as the commercial menhaden industry — said the reference points under consideration were based on studies of other species in other places and may not be applicable to menhaden.

Ultimately, the commission — a panel of state fishery managers that regulates catches of migratory fish along the coast — voted 13–5 to delay the adoption of ecological reference points until a panel of scientists it has assembled can make its own ecological recommendations, tailored specifically to menhaden. Those recommendations are not expected to be ready until 2019.

Dozens of activists attended the meeting, many holding bright yellow signs that said, “Little Fish Big Deal,” “Keep it Forage” or “Conserve Menhaden.” Many were surprised not only to be defeated after the huge volume of comments — more than 99 percent in favor of ecological reference points — but also by the lopsided vote.

Read the full story at the Bay Journal

 

VIRGINIA: Endangered sturgeon’s return to James River could be hurdle for industry

Dominion seeking federal permit to ‘take’ protected fish after dead ones found in power plant’s water intake

November 17, 2017 — In the James River south of Richmond, endangered Atlantic sturgeon have become so common that observant spring and fall boaters are nearly guaranteed to see one breach. It’s hard to miss — a 6– or 7-foot fish exploding out of the water, as if shot from a cannon, wiggling for a split second in midair, then belly-flopping back into the river with a theatrical splash.

Long-lived and enormous — in its 60-year lifespan it can grow to 14 feet and weigh as much as 800 pounds — the Atlantic sturgeon was harvested to the brink of extinction in the late 1800s. But after a century of marginal existence, this prehistoric-looking fish, with its flat snout and rows of bony plates covering its back, is staging a steady but still fragile comeback in the Chesapeake Bay.

The sturgeon’s increased presence could complicate matters for industrial facilities that draw water from that same stretch of river. In one case, it already has.

After finding two dead sturgeon larvae and one adult in its water intake system in the fall of 2015, Dominion Virginia Power’s Chesterfield Power Station began seeking an “incidental take” permit from the National Marine Fisheries Service, which would allow the company to continue operating despite a potential impact to the endangered fish. In its application for the permit, Dominion estimated that up to 846 sturgeon larvae and maybe two adult fish per year could be trapped or killed in the intakes over the next decade.

The fisheries service, part of the National Oceanic and Atmospheric Administration, will determine in the coming months whether to grant Dominion’s Chesterfield plant a federal permit under an Endangered Species Act provision that allows private entities to “take” a given number of an endangered or threatened species in the process of conducting otherwise lawful operations.

Read the full story at the Bay Journal

Political pressure affected quota decision, menhaden industry group charges

November 17, 2017 — A day after the Atlantic States Marine Fisheries Commission voted to raise the catch limit on Atlantic menhaden by eight percent, a trade group claimed on Wednesday that the commission let political pressure affect not only that raise but how quotas were allocated across member states.

The commission’s Atlantic Menhaden Management Board approved an amendment to raise the total catch limit to 216,000 metric tons. However, in doing so, it gave each member state a minimum share of 0.5 percent. While those shares seem small for states that do not have an active menhaden fishery, the Menhaden Fisheries Coalition said it will have a significant impact on the two largest fisheries, Virginia and New Jersey.

Virginia received an allocation of 78.66 percent, while New Jersey got 10.87 percent. No other state received more than 1.27 percent of the allocation.

“The creation of a system allowing non-fishing states to ‘horse-trade’ allocation, the ‘taking’ of quota from some to give to others, and the arbitrary moving of quota from the marine ingredients fishery to the bait fishery constitute inappropriate intrusions into the market economy, our members say,” the coalition said in a press release issued late Wednesday afternoon.

Read the full story at SeafoodSource

 

States Schedule Hearings on Draft Addenda XXVI & III to the American Lobster and Jonah Crab FMPs

November 16, 2017 — The following was released by the Atlantic States Marine Fisheries Commission:

Arlington, VA – States from Maine through New Jersey have scheduled their hearings to gather public input on American Lobster Draft Addendum XXVI/Jonah Crab Draft Addendum III. The details of those hearings follow.

Maine Department of Marine Resources

January 10, 2018; 6 PM

* Scarborough, ME

Contact: Pat Keliher at 207.624.6553

* Specific location to be determined

January 11, 2018; 6 PM

Ellsworth High School

24 Lejok Street

Ellsworth, ME

Contact: Pat Keliher at 207.624.6553

 New Hampshire Fish and Game Department

January 16, 2018; 7 PM

Urban Forestry Center

45 Elwyn Road

Portsmouth, NH

Contact: Doug Grout at 603.868.1095

Massachusetts Division of Marine Fisheries

January 19, 2018; 1PM

Resort and Conference Center of Hyannis

35 Scudder Avenue

Hyannis, MA

Contact: Dan McKiernan at 617.626.1536

* The MA DMF hearing will take place at the MA Lobstermen’s Association Annual Weekend and Industry Trade Show

 Rhode Island Division of Fish and Wildlife

January 17, 2018; 6 PM

University of Rhode Island Bay Campus

Corless Auditorium, South Ferry Road

Narragansett, RI

Contact: Conor McManus at 401.423.1943

Connecticut Department of Energy and Environmental Protection

January 18, 2018; 7 PM

CT DEEP Boating Education Center

333 Ferry Road

Old Lyme, CT

Contact: Mark Alexander at 860.447.4322

New York Department of Environmental Conservation

January 9, 2018; 6:30 PM

NYSDEC Division of Marine Fisheries

205 N. Belle Mead Road

East Setauket, NY

Contact: Jim Gilmore at 631.444.0430

New Jersey Division of Fish and Wildlife

January 8, 2018; 6 PM

Wall Township Municipal Building

Lower Level Community Room

2700 Allaire Road

Wall Township, NJ

Contact: Peter Clarke at 609.748.2020

The Draft Addenda seek to improve harvest reporting and biological data collection in the American lobster and Jonah crab fisheries. The Draft Addenda propose using the latest reporting technology, expanding the collection of effort data, increasing the spatial resolution of harvester reporting, and advancing the collection of biological data, particularly offshore.

Recent management action in the Northwest Atlantic, including the protection of deep sea corals, the declaration of a national monument, and the expansion of offshore wind projects, have highlighted deficiencies in current American lobster and Jonah crab reporting requirements. These include a lack of spatial resolution in harvester data and a significant number of fishermen who are not required to report. As a result, efforts to estimate the economic impacts of these various management actions on American lobster and Jonah crab fisheries have been hindered. States have been forced to piece together information from harvester reports, industry surveys, and fishermen interviews to gather the information needed. In addition, as American lobster and Jonah crab fisheries continue to expand offshore, there is a greater disconnect between where the fishery is being prosecuted and where biological sampling is occurring. More specifically, while most of the sampling occurs in state waters, an increasing volume of American lobster and Jonah crab are being harvested in federal waters. The lack of biological information on the offshore portions of these fisheries can impede effective management.

The Draft Addenda present three questions for public comment: (1) what percentage of harvesters should be required to report in the American lobster and Jonah crab fisheries; (2) should current data elements be expanded to collect a greater amount of information in both fisheries; and (3) at what scale should spatial information be collected. In addition, the Draft Addenda provide several recommendations to NOAA Fisheries for data collection of offshore American lobster and Jonah crab fisheries. These include implementation of a harvester reporting requirement for federal lobster permit holders, creation of a fixed-gear VTR form, and expansion of a biological sampling program offshore.

The Draft Addenda, which are combined into one document that would modify management programs for both species upon its adoption, is available at http://www.asmfc.org/files/PublicInput/LobsterDraftAddXXVIJonahDraftAddIIIPublicComment.pdf or on the Commission website, www.asmfc.org (under Public Input). Fishermen and other interested groups are encouraged to provide input on the Draft Addenda either by attending state public hearings or providing written comment. Public comment will be accepted until 5:00 PM (EST) on January 22, 2018 and should be forwarded to Megan Ware, FMP Coordinator, 1050 N. Highland St, Suite A-N, Arlington, VA 22201; 703.842.0741 (FAX) or at comments@asmfc.org (Subject line: Lobster Draft Addendum XXVI).

To learn more about the ASMFC visit their site here.