National Fisherman

A clinic where the main doctor had his licence revoked, a mobile phone shop closed by a fire, and a car dealership that sold a discontinued marque are among businesses that successfully claimed compensation from BP for its 2010 oil spill in the Gulf of Mexico, according to court documents filed by the company late last week.
 
BP cited the cases as it made a fresh attempt to limit the cost of its compensation settlement for the Deepwater Horizon disaster, trying for the first time to challenge directly payments for losses not caused by the spill.
 
Until now, its arguments in court have centered on the method used to calculate the size of loss, rather than the issue of causation.
 
In its filing at the U.S. District Court in New Orleans, BP said its lawyers had found compensation payments of $76 million had been paid for claims where it was "clear" that the losses were not caused by the oil spill, and at least $546 million more where any "reasonable observer" would conclude that the losses were not related to the spill.
 
Read the full story at CNBC>>

National Fisherman Live

National Fisherman Live: 10/21/14

In this episode:

North Pacific Council adjusts observer program
Fishermen: bluefin fishing best in 10 years
Catch limit raised for Bristol Bay red king crab
Canadian fishermen fight over lobster size rules
River conference addresses Dead Zone cleanup

National Fisherman Live: 10/7/14

In this episode, National Fisherman Publisher Jerry Fraser talks about the 1929 dragger Vandal.

 

Inside the Industry

NOAA and its fellow Natural Resource Damage Assessment trustees in the Deepwater Horizon oil spill have announced the signing of a formal Record of Decision to implement a gulf restoration plan. The 44 projects, totaling an estimated $627 million, will restore barrier islands, shorelines, dunes, underwater grasses and oyster beds.

Read more...

The Golden Gate Salmon Association will host its 4th Annual Marin County Dinner at Marin Catholic High School, 675 Sir Francis Drake Blvd., Kentfield on Friday, Oct 10, with doors opening at 5:30 p.m.

Read more...

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