November 8, 2023 — New Bedford, Massachusetts, U.S.A.-based C&P Trawlers has won the bankruptcy auction for Blue Harvest’s fishing vessels, officially bringing Blue Harvest’s bid to be a dominating force in the region’s groundfish industry to a close.
According to a court transcript, C&P Trawlers, represented by Cassie Canastra – who according to LinkedIn also serves as the director of operations for New Bedford’s Buyers and Sellers Exchange (BASE) auction house – submitted the winning bid of USD 12 million (EUR 11.2 million) for the vessels. C&P Trawlers, a company incorporated on 26 October 2023, beat out multiple other bidders for the property, with the O’Hara Corporation submitting the second-place bid of USD 11.25 million (EUR 10.5 million).