date:Dec 25, 2012
es at Marystown and Port Union.
Martin Sullivan, the chief executive of Ocean Choice, said the deal is a good one, and hes committed to make this arrangement work for the long-term.
Yellowtail flounder is mostly harvested on the Grand Banks, with Ocean Choice as the major player in the industry.
A moratorium was declared in 1994, but the fishery reopened in 1998 as the stock showed signs of recovery.
A consulting study done for the province says the industry faces challenges caused by the hi