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It’s time to let industry fix the fishery

in Featured/Through the Fog by

A tough and candid look at what may be best for the future of the fishery

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OCI closes plants in Marystown, Port Union

in Featured/Journalism by

Ocean Choice International, owner and operator of seafood processing plants across the province, has announced this afternoon that it is closing its operations in Marystown and Port Union. Just last week an external audit performed by Deloitte confirmed the company’s assertion that processing yellowtail at the Marystown plant has cost the company nearly $10 million in just the past three years. A strong Canadian dollar and high fuel costs were the primary causes. Meanwhile, the shrimp processing plant in Port Union has been closed since the Fall of 2010 after severe damage was caused during Hurricane Igor. As the company cited delays in working with its insurance companies as a cause, rumours have been circulating that OCI would not reopen the plant at all. Lower shrimp quotas and availability at other Newfoundland plants have perhaps made the plant redundant. Recently Ocean Choice CEO Martin Sullivan has been very outspoken about…

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Who’s to blame?

in Featured/Journalism by

Port Union fish plant may never open again

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