Chris Chase is the Portland, Maine-based associate editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
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A judge in the bankruptcy court of the Southern District of New York has approved a bankruptcy plan for Chicago, Illinois, U.S.A.-based seafood company Lobster Boys LLC to reorganize its business and pay off debtors – a plan that includes the company selling its lobster holding, buying, and processing facility in Dipper Harbour, New Brunswick, Canada.
Lobster Boys filed for Chapter 11 bankruptcy on 12 December 2023, and Judge Martin Glenn
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After over 30 years, the International Coalition of Fisheries Associations (IFCA) is taking steps to have a more public profile.
Founded in 1988, IFCA was first formed between a number of national fish and seafood industry associations to provide a unified voice on global fish and seafood issues. IFCA Chair Paul Lansbergen, who is also the president of the Fisheries Council of Canada, said the organization has historically operated outside of
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The post-Covid environment has been a complicated one for the seafood industry, and some sectors – like the Alaskan salmon sector – have suffered bankruptcies and the closure of processing plants as a result.
The good news, according to BAADER North America CEO Nils Rabe, is that those complications are starting to ebb.
“We do believe we see the light at the end of the tunnel,” Rabe said during the 2024 Seafood
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