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Alaska commercial fishing news and notes
About me
- Deckboss
- I'm a journalist covering Alaska's commercial fishing industry. My real name is Wesley Loy. Reach me at wloy61@gmail.com.
Blog archive
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2024
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June
(31)
- Halibut bycatch case attracts Sullivan, Peltola
- Council appointments on standby
- A regulatory revolution?
- Summer troll fishery set
- Southeast seiner mishap
- Salmon snapshots
- What about disaster funding for trollers?
- Cook Inlet setnetters in line for disaster dollars
- Are Alaska Chinook really endangered?
- Backlash for Peltola trawl bill
- Canada's big news
- Peltola drops another fisheries bill
- Bits and pieces
- An interesting note from the Peter Pan meltdown
- Nick Mavar crosses the bar
- Blotter
- Fish and the farm bill
- The U.S. Coast Guard's new chaplain
- Next up for the CFEC
- More time, please
- Northline drops anchor in Bristol Bay
- More disaster relief
- The state of the industry
- NMFS moves to 'modernize' surveys, cut costs
- Silver Bay to acquire Trident's False Pass plant
- Tragedy near Wrangell
- Liquidating Peter Pan
- More legal conflict in Cook Inlet
- NFI decries Peltola's 'misguided' trawl bill
- State wants more time for Chinook listing comment
- 'Nothing is more critical'
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June
(31)
3 comments:
This post is written in a way that creates an improper assertion.
"Company to be formed as a collaboration among competitors for the purpose of lowering their production costs and to facilitate their ongoing compliance with the Canned Salmon Control Plan"
Two old tired companies gasping their last breaths in the industry. PPSF has no pulse. OBI is in palliative care.
The casing and labeling operation is of little value. Leased building, some old equipment, forklifts, etc. OBI doesn't want their operation impeded by an auction of PPI assets. But, I doubt anyone is interested and OBI should be able to work out something with the receiver.
This doesn't seem in any way supportive of Rodger May's efforts to claw back the millions he says he is owed. Unfortunately for May, he must have agreed to give Wells Fargo primacy, otherwise Wells would have never extended the loans to begin with. Best he and other creditors can hope for is that something is left over after Wells is satisfied.
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