December 23, 2019 — Carlos Rafael’s remaining fleet of as many as 35 groundfish vessels and skiffs in the US port city of New Bedford, Massachusetts, may not be under Blue Harvest Fisheries’ Christmas tree after all.
Richard and Raymond Canastra, the founders and owners of the Buyers and Sellers Exchange (BASE), a nearly 26-year-old seafood auction house in New Bedford, Massachusetts, informed the members of New England fishing sector 7 on Friday that they are taking advantage of the group’s right of first refusal (ROFR) rules to seek acquisition of the vessels and their related permits, Undercurrent News has learned from its sources.
Additionally, the Canastras have filed another challenge to Rafaels’ earlier sale of six scallop boats and their related permits to Quinn Fisheries, a longtime New Bedford-based scalloping company, this time in federal court.
Undercurrent reported late last month how documents showed Blue Harvest, a US scallop and groundfish supplier backed by New York City-based private equity Bregal Partners, had signed a purchase agreement to buy the Rafael fleet and all of their associated permits for nearly $25 million. The deal includes millions of pounds of quota for at least eight types of fish in the northeast multispecies fishery, including cod, haddock, American plaice, witch flounder, yellowtail flounder, redfish, white hake and pollock.