Bob Greek: Looking Back at 50 Years of AEL
Bob Greek, the founder of Atlantic Electronics Limited (AEL), started his own business in 1973.
Now, 50 years later, just after his 82nd birthday, he is reflecting on the success of AEL.
AEL began as a technical service depot for marine navigational and communications equipment. Over time, it began to provide technical services as well as sales for leading manufacturers in the marine electronics industry. AEL is also the exclusive distributor for Hondex and Scanmar marine electronics.
Marbase and Miawpukek First Nation Sign MOU for Lumpfish Hatchery
Marbase and Newdock executive Paul Antle is seeing much-needed development in his business ventures in 2023.
Marbase, an aquaculture supply company, recently partnered with the Miawpukek First Nation to develop a lumpfish hatchery in Marystown, N.L. The hatchery, based out of the former Marystown shipyard, has been in the cards for Marbase since 2020. Due to COVID-19 restrictions, the project was delayed.
“We haven’t started construction as we ran into some problems during COVID — ...
Georges Bank 2023 Haddock Quota Cut
The Eastern Georges Bank haddock quota has been cut by more than two-thirds in 2023, with a 2,320-tonne TAC (total allowable catch) set by Fisheries and Oceans Canada (DFO), compared to 7,473 tonnes in 2022.
It’s the lowest the TAC has been in the last 10 years, dropping from a high of 24,400 metric tonnes in 2018. In 2019, the TAC was reduced to 15,000 tonnes, in 2020, 13,800 tonnes and in 2021, 7,614 tonnes.
“Spawning stock biomass (SSB) for EGB (Eastern Georges Bank) haddock has ...
New FFAW-Unifor President Outlines Mandate for Coming Season
After a decisive victory for the new Fish, Food and Allied Workers Union (FFAW-Unifor) President Greg Pretty, he has indicated he will be taking a more “vocal and confrontational” approach to union leadership.
“There are times when people have to demonstrate and they have to stand up for what they believe in. I believe we’ve been very successful when we do that and we’re not so successful when we just sit and watch the parade go by. I’m going to bring that to the table. In fact, ...
Southwest Nova Lobster Season Meandering Along
With an increased demand in China and a shore price that fishermen can live with, January was a little bit brighter than the opening month of the season for the Southwestern Nova Scotia lobster fishery, but there’s still lots of uncertainty what spring will bring.
“I think things are coming along in January the way they normally come along in January,” said Tommy Amirault, president of the Coldwater Lobster Association.
“The catches have slowed down. The weather has been okay for ...
Uncertain Snow Crab Season Becomes More Uncertain
Japan, South Korea Shirk Local Supply in Favour of Russian Exports
Japanese imports of Newfoundland and Labrador snow crab have considerably fallen over the last year in favour of Russian exports, which is undercutting Newfoundland and Labrador prices by around $10 per kilogram.
“Japan did buy from us last year, but it was a drastically reduced amount based on historical purchases by Japan,” said N.L. Member of Parliament Clifford Small, Shadow Minister of Fisheries, Oceans ...
2021 Aquaculture Performance Showed a Return to Form From Pandemic Levels
Near the end of 2022, Statistics Canada released a final update for Canadian aquaculture in 2021, highlighting a large increase in sales, price and production from the previous year.
This major uptick is mostly due to a steady recovery of the food service and hospitality industries as most of the country eased COVID-19 restrictions. Sales of aquaculture rose by 28.1 per cent to $1.4 billion in 2021.
Due to increases in salmon prices, finfish production in Canada rose by 5.5 per cent to ...
Taxpayers Invest in Stock Rebuilding, so They Should See the Benefits: Researcher Claims
Jennifer Silver, an associate professor at the University of Guelph, says that attention to socioeconomics needs to be considered by the Department of Fisheries and Oceans (DFO) alongside economic and biological impacts when rebuilding fish stocks.
“Some fisheries, both in the Atlantic and in the Pacific, are known to be quite dominated by some corporate players where the access to the fisheries themselves are concentrated,” said Silver.
“If we’re investing in the science and ...
DFO Pledges Additional Funds for Ghost Gear Cleanup in Spring 2023
Above: Photo courtesy of Clean Harbours Initiative
The Department of Fisheries and Oceans (DFO) has been funding industry members to retrieve lost fishing gear as part of their Ghost Gear Fund since 2020 and has recently added funding in response to the damage from Hurricane Fiona.
The fund began as an initiative of its zero plastic waste agenda, wherein DFO set up a fund that industry members can apply to for monetary assistance to retrieve ghost gear in their local waters.
Foreign Demand for P.E.I. Seafood Growing
Despite being heavily affected by Hurricane Fiona and rising costs, interest in Prince Edward Island seafood has remained strong.
Jamie Fox, the Minister of Fisheries and Communities for P.E.I., has cause to celebrate 2022 despite all the hardships the industry has undergone. Along with the other Atlantic provinces, his department has made major strides in communication with the federal government and the Department of Fisheries and Oceans (DFO).
“One of the big things this year was our ...