Baffin Fisheries on track to harvest 100% of quota with Inuit-owned vessels in 2016

IQALUIT, NU, August 3, 2016 – Baffin Fisheries Coalition (Baffin Fisheries) is pleased to announce a successful start to the 2016 fishing season and is confident it will be in a position to harvest its entire quota with 100% Inuit-owned vessels, the first Nunavut company to achieve this milestone. The announcement was made at a meeting of Board members and senior executives in Iqaluit today.

“We are extremely pleased with the continued strong performance of our vessels and our crew in 2016,” said Jacopie Maniapik, President and Chairman of Baffin Fisheries. “These results indicate we made the right decision in buying out our foreign partners and acquiring vessels.”

Baffin Fisheries currently has three 100% Inuit-owned vessels fishing waters adjacent to Baffin Island, the Arluk II, Sivulliq, and the Inuksuk I.

“The Arluk II is having one of its best years ever,” said Maniapik. “The First Mate on the Arluk is Johnny Itulu, who is the first Inuit First Mate to achieve this position and complete his practical at-sea work. We are very proud of Johnny and the contribution he makes to our operations.”

Baffin Fisheries is reinvesting fisheries revenue in the construction of new offices in Pangnirtung and Pond Inlet to provide shared space for the Company and the HTOs, and is exploring development opportunities to other communities, including potential for an expanded commercial inshore turbot fishery. Material for new Pangnirtung offices arrived this week and construction is underway.

“There is the potential for Nunavut Fisheries Companies to have a tremendous impact on the economy and the lives of Inuit in our communities,” said Maniapik. “We will continue to maximize the benefits from our shrimp and turbot allocations and to reinvest in new infrastructure and opportunities in Nunavut.”

Baffin Fisheries Background

Baffin Fisheries harvests turbot (Greenland halibut) and northern shrimp from the cold, pristine water off Baffin Island, Nunavut. It is owned by five Hunters and Trappers Associations (HTAs): Amarok HTA (Iqaluit), Pangnirtung HTA (Pangnirtung), Mayukalik HTA (Kimmirut), Mittimatalik HTA (Pond Inlet), and Namautaq HTA (Clyde River).

Baffin Fisheries became the first 100% Inuit-owned and largest fisheries enterprise in Nunavut in late 2015 through the acquisition of all outstanding foreign partner shares and the 64-metre Arctic Shrimp Trawler, the Sivulliq. Baffin Fisheries owns two factory freezer, fixed-gear vessels and two large factory-freezer multi species trawlers.

Baffin Fisheries is increasing its efforts to recruit Inuit to work onboard its vessels and recently hired a new recruitment and crew coordinator, based in Iqaluit.

Health, Safety and Environment Statement

Baffin Fisheries considers effective Health, Safety and Environmental (HS&E) Management to be of the utmost importance to its business. The objective of our company HS&E Program is to prevent all workplace accidents, injuries and illness, and to promote health, safety and the protection of the environment in every task undertaken by employees on behalf of the company.

For further information please contact cflanagan@baffinfisheries.ca, or:

Jacopie Maniapik, President
and Chairman
Methusalah Kunuk, Vice President and Vice-Chair
Baffin Fisheries Baffin Fisheries
709-979-3066 709-979-3070
jmaniapik@baffinfisheries.ca mkunuk@baffinfisheries.ca

www.baffinfisheries.ca

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