National Fisherman


LONDON - British oil company BP said Thursday it is in advanced talks with U.S. agencies about settling criminal and other claims from the Gulf of Mexico well blowout two years ago.

In a statement, BP said "no final agreement has yet been reached" and that any such deal would still be subject to court approvals. Shares in BP PLC were down 0.8 percent at 422 pence in early trading in London.

BP said the proposed settlement would not include civil claims under the Clean Water Act and other legislation, pending private civil claims and state claims for economic loss.

Read the full story at the Daily Comet>>

Inside the Industry

Fishermen throughout the Gulf of Mexico are praising Louisiana officials for a series of strong decisions last week that have broken the deadlock of red snapper management in the Gulf of Mexico.

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According to the Portland Press Herald, the Maine Seaweed Festival has been canceled this year due to a rift between the event’s organizers and seaweed harvesters.

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