Port au Choix Shrimp Plant Changes Hands
Economic hardship and a severe reduction in shrimp landings have forced Ocean Choice International (OCI) to consolidate its holdings and sell off a shrimp processing plant in Port au Choix, Newfoundland and Labrador to Barry Group Inc.
“The last three years have been very difficult in the shrimp business, and it hasn’t been economically viable,” said Martin Sullivan, CEO and Co-Chair of OCI. “The business has seen such a big decline in raw material volumes over the last number of ...
Crew Safe After Fire Onboard OCI Scallop Vessel
Above photo: Courtesy of TSB.
At approximately noon NST, Ocean Choice received notice from the Joint Rescue Coordination Centre that the Atlantic Destiny succumbed to damages sustained on the evening of March 2 and the vessel has sunk.
“While we are deeply saddened by the loss of one of our offshore fishing vessels, we are extremely relieved and thankful that all of our 31 crew members were safely transported ashore and are currently in the process of reuniting with their families ...
On the Waterfront — August 2019
N.L. Company Building OCI Vessel’s Production Line
Bay Bulls-based C & W Industrial Fabrication and Marine Limited has been sub-contracted to build and install the production line for Ocean Choice International’s (OCI) new groundfish vessel.
Last November, OCI announced the construction of a state-of-the-art, Arctic-class vessel that is expected to create approximately 70 new, full-time, year-round positions and enable the company to provide its workers at sea the safest possible ...
Understanding Fish Stocks
Marine Institute Home to OCI Industrial Research Chair for Fish Stock Assessment
Dr. Noel Cadigan has been named the first Ocean Choice International Research Chair in Stock Assessment and Sustainable Harvest Advice for Northwest Atlantic Fisheries.
The new chair is an investment of $2.5 million from industry, government, academia, donors and the Marine Institute (MI) to advance the way fish stock assessments for the Northwest Atlantic fisheries are conducted.
Housed at MI, it is only ...
OCI Announces Investment in Fortune Plant
On June 22, Ocean Choice International announced a $1-million investment in its Fortune, Newfoundland processing facility.
“With respect to our plans for the Fortune operation we are pleased to have the full support of the local FFAW the workers and the Town of Fortune as we secure the future of the plant in Fortune. We also appreciate the engagement of the Provincial government and the local MHA’s in working through a solution that provides a good future for the employees in Fortune and ...
On the Waterfront – June 2017
DFO Wins Controlling Agreement Legal Challenge
In a May 5 ruling, Federal Court Justice Cecily Strickland has upheld the Department of Fisheries and Ocean’s (DFO) policy on controlling agreements between fishermen and corporations.
DFO has always maintained that individual fishermen, not corporations, are allowed to hold and control inshore licences.
However, this rule was challenged in federal court recently by of Cartwright, Labrador fisherman Kirby Elson.
Elson was appealing a ...
OCI Announces Buyout of Minority Partner
Ocean Choice International (OCI) today announced the successful buyout of its minority partner, Landvis Canada Inc.
Two of the founders of OCI, Martin Sullivan (CEO) and Blaine Sullivan (COO), are now the sole owners, making the company 100 per cent locally owned and operated.
“This transaction is another important positive milestone for the future of OCI as a leading global seafood supplier and will give us much more flexibility to successfully carry out our growth strategy. This is a ...
On the Waterfront — September 2016
OCT Transfers Port Union Plant to Town
The shuttered Ocean Choice International (OCI) fish plant in Port Union, Newfoundland has been handed over to the Municipality of Trinity Bay North.
The plant was closed in 2010 after being severely damaged by Hurricane Igor. At peak capacity, the plant employed more than 170 workers.
OCI said after six years without finding a way to reopen the plant, the company decided to transfer the plant over to the municipality at no cost. The company added ...
OCI Transfers Port Union Plant to Town
The shuttered Ocean Choice International (OCI) fish plant in Port Union, Newfoundland has been handed over to the Municipality of Trinity Bay North.
The plant was closed in 2010 after being severely damaged by Hurricane Igor. At peak capacity, the plant employed more than 170 workers.
OCI said after six years without finding a way to reopen the plant, the company decided to transfer the plant over to the municipality at no cost. The company added that it has done more than $2 million in ...
