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>>

Inside the Industry

The National Fish and Wildlife Foundation announced last week the sixth round of grant awards from its Fisheries Innovation Fund, a program launched in 2010 to foster innovations that support sustainable fisheries in the United States. 

The goal of the Fisheries Innovation Fund is to sustain fishermen and fishing communities while simultaneously rebuilding fish stocks.

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Alaskan Leader Fisheries will give Inmarsat’s new high-speed broadband maritime communications service, Fleet Xpress, a try on the 150-foot longline cod catcher/processor Alaskan Leader.

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