Owner of New Bedford’s Seafood Auction Acquires Former Blue Harvest Fisheries Vessels
The federal judge overseeing Blue Harvest Fisheries’ Chapter 7 bankruptcy proceedings approved an offer from C&P Trawlers to acquire eight vessels and 48 federal and state fishing permits from Blue Harvest.
C&P Trawlers, a company formed by Cassie Canastra and Charles "Butch" Payne, have acquired the vessels and permits for $12 million, an offer that beat out a bid from O’Hara Corporation, a part-owner of Eastern Fisheries by $750k, per The New Bedford Light...
To Read Full Story Login Below.