Private equity firms control New Bedford's fishing industry, investigation shows

https://www.wgbh.org/authenticate/login FILE — In this Wednesday, Dec. 6, 2017, photo fishing vessels are docked in New Bedford Harbor, in New Bedf...

August 11, 2022
6:28 AM

https://www.wgbh.org/authenticate/login FILE — In this Wednesday, Dec. 6, 2017, photo fishing vessels are docked in New Bedford Harbor, in New Bedford, Mass. August 10, 2022Boston Public Radio New Bedford is one of the biggest commercial fishing ports in the United States — and almost entirely owned by foreign private equity firms, according to a joint investigation from New Bedford Light reporter Will Sennott and ProPublica.Blue Harvest Fisheries, one of the largest fisheries on the East Coast, 'has been acquiring vessels, fishing permits and processing facilities' in the port city — acquisitions backed by Bregal Partners.

Lisa Wardle