Category: Press Release

Pond Inlet Booming

Pond Inlet is a busy place in August. Baffin Fisheries Trawlers FV Sivulliq and FV Inuksuk I  both paid a visit to the hamlet, located in Eclipse Sound, at the northern tip of Baffin Island. On August 22, the first sea lift of the season arrived, bringing much needed supplies, including the new HTO community… Read more »

Pangnirtung Office Building Officially Opens

Baffin Fisheries’ new 3,000 square foot office in Pangnirtung was officially opening with a sealskin ribbon cutting ceremony in August. The new building will be used by Baffin Fisheries employees, the Pangnirtung HTO, and commercial tenants. With a spectacular view of Cumberland Sound, the building boasts 14 individual offices, a kitchen, boardroom and washrooms up… Read more »

Baffin Fisheries Announces Letter of Intent to Acquire New Build 75 m Trawler

IQALUIT, NU, Friday June 16, 2017 – Baffin Fisheries announces today it has signed a letter of intent (LOI) with Norway’s Havyard Ship Technology for the design and construction of a new Arctic trawler to fish cold water turbot and shrimp in the Arctic Ocean adjacent to Nunavut. The vessel under consideration is 75 meters long and 17 meters wide, with a capacity to hold… Read more »

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… Read more »

Baffin Fisheries Expanding Operations in Nunavut

  IQALUIT, NU, February 2, 2016 – A new executive team at Baffin Fisheries Coalition (Baffin Fisheries) is pleased to announce it has secured 100% ownership of all vessels and assets, and is expanding its administrative offices in Nunavut. The announcement was made today by a newly appointed executive team of Jacopie Maniapik, President; Methusalah… Read more »

Baffin Fisheries Donates $50,000 to Nunavut Communities

IQALUIT, NU December 18, 2015 – The Board of Directors of Baffin Fisheries Coalition (Baffin Fisheries) is pleased to announce a $50,000 financial contribution to five charitable organizations sponsored by its shareholders. Baffin Fisheries is 100% owned by five Nunavut Hunters and Trapper Associations (HTAs): Amarok, Pangnirtung, Mayukalik, Mittimakalik and Namautaq.  Each HTA will receive… Read more »

Baffin Fisheries Coalition Announces the Purchase of the MV Sivulliq with Financing Provided by Bridging Finance Inc.

IQALUIT, Nunavut & TORONTO — Baffin Fisheries Coalition (“BFC”) is pleased to announce the purchase of the MV Sivulliq (formerly the Remoy) with financing provided by Bridging Finance Inc., as sub-advisor to the Sprott Bridging Income Fund LP (“Bridging Finance”). The MV Sivulliq is a 64 metre Arctic Shrimp Trawler built in Norway. “Bridging Finance… Read more »

Government of Canada Invests in Inuit-owned Fisheries

Iqaluit, Nunavut (June 6, 2012) – The Honourable Leona Aglukkaq, Minister of the Canadian Northern Economic Development Agency (CanNor) and Minister of Health announced today a two-year investment of just over $400,000 for Niqitaq Fisheries Limited. The investment will lead to an increase in the level of Inuit ownership and participation of the offshore fishing… Read more »