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7. RGI - Some history, figures and ships.

RGI is a formidable company, even measured by international standards, and all trends point to an increase. Profit before tax increased by an impressive 341% from 1994 to 1995 and the turnover for the first quarter of 1996 was 2.1 billion NOK. Recently RGI and Aker have agreed to merge - the merger is dependent on a 2/3 majority of the general assembly of both companies but everything indicates that this will be a formality - and the new company Aker RGI ASA will be Norway's third largest company after Statoil and Norsk Hydro, with an expected turnover in the region of 20 billion NOK. Fishing is identified as one of the major areas for the new company.

7.1. The fisheries component of RGI

Fishing is the very cornerstone of RGI, and a very substantial part of the entire structure as well. Though the company also deals with finance, real estate, sports equipment and industry (RGI owns or controls more than 35% of the stock in Aker), the fisheries element is still central, representing 39% of the company's turnover. With the planned expansion in Chile and Russia (apart from American Monarch, construction of another 24 vessels is planned for fishing in Russia) this percentage is unlikely to diminish(15).

The story of RGI and Roekke is nothing short of incredible. Kjell Inge Roekke quit school and went to sea at 16. He invested his money in fishing vessels and established himself as a giant in the Alaska pollack fishery in Seattle. Today Roekke is one of Norway's richest men, owning or controlling 31 fishing vessels in the Bering Sea, the Pacific and the Atlantic. Roekke - with good help from his childhood friend Bjoern Rune Gjelsten - built up RGI to become the world's largest fishing company, controlling 10% of all whitefish catches globally. And this percentage is increasing.

It started with the establishment of American Seafood Co (ASC) in Seattle in 1987. During the next 4 years Roekke invested in a number of old boats which he modified into very advanced factory trawlers at Norwegian shipyards. In 1994, he established Norway Seafoods as a holding company which coordinates the activities of the company, and the same year the holding company got the job to expand and restructure RGI's fishing activities, and establish an international fishing company based in Norway. The company is arranged in three divisions:(16)

- Whitefish

- Pelagic fish

- Salmon

Norway Seafoods has interests in Norway, Europe, South America, Russia and Alaska. Skaarfish and Norlax were brought into the company in 1995 and Foodmark Holding and Melbu Fiske Industri in 1996. The whitefish division is by far the biggest and consists of 5 operational units:

- Foodmark Holding

- Melbu Fiske Industri

- American Seafood Company (American Bering Sea)

- American Seafood Company Far East (Russian Bering Sea)

- American Seafood Company South America (Argentina and Chile)

AMERICAN SEAFOOD COMPANY in Alaska represents both historically and currently the largest of Norway Seafood's operational units. Alaska pollack is the world's largest whitefish resource, and ASC controlled 18% of the quota for this stock in 1995(17). The fish is sold as either fillets blocks or surimi, but pollack also produces roe of good quality in the winter season. The fillets blocks are sold to large customers in the US, such as Gorton's, who delivers to McDonald's and the restaurant chain Long John Silver. Other customers are large international companies such as Nestle and Unilever. Surimi and roe are mostly sold to the Japanese market. Other markets in Asia, like Korea, Thailand and China, are of increasing importance. The parts of the fish that are not used for surimi, fillets or roe are ground into fishmeal(18).

In April 1996 ASC signed an agreement of intent with Oceantrawl, a large competitor in the Alaska fishery, about a bareboat agreement which covers three boats. In parallel with this, RGI signed an option to purchase the same three boats. According to this agreement, RGI has the right to charter the boats on a bareboat basis for a period of 5 years, with an option to extend the agreement or buy the boats at the end of the period. The boats, two built in 1991 and one in 1988, will be modernized and upgraded to ASC standards to increase the processing efficiency on board. With these agreements ASC expects to control around 37% of the available resource of pollack in Alaska in 1996.

7.2. RGI's fleet

The Norway Seafood fleet consists of 31 vessels, including factory trawlers, fishing vessels delivering to factory ships, fresh fish trawlers and longliners. All were either built or converted between 1986 and 1995, so, with an expected lifetime of between 25 and 30 years, Norway Seafood expects capital expense for equipment or production facilities to be limited. However, the company plans a large expansion, with more than 20 fishing vessels on the drawing board.
Ocean RoverFactory trawler, pollack, US Bering Sea
Northern EaglemmmmFactory trawler, pollack, US Bering Sea
Northern HawkFactory trawler, pollack, US Bering Sea
Northern JaegerFactory trawler, pollack, US Bering Sea
American TriumphFactory trawler, pollack, US Bering Sea
American DynastyFactory trawler, pollack, US Bering Sea
American EmpressFactory trawler, pollack, US Bering Sea
Pacific ScoutFactory trawler, pollack, US Bering Sea
Pacific NavigatorFactory trawler, pollack, US Bering Sea
American ChalengerFactory trawler, pollack, US Bering Sea
Pacific ExplorerFactory trawler/longliner, pollac US Bering Sea
Antarctic ILongliner, Patagonian toothfish Argentina
Antarctic IILongliner, Patagonian toothfish, Argentina
Antarctic IIILongliner, Patagonian toothfish, Argentina
Centurion del AtlanticoFactory trawler, southern blue whiting in Argentina
HekktindTrawler, dependent on gov't permission
SortlandTrawler, dependent on gov’t permission
StaaltindTrawler, dependent on gov’t permission
Staaltind 1Trawler, dependent on gov’t permission
VesttindTrawler, dependent on gov’t permission
American ChampionCrabber/longliner- crab and Pategonian toothfish outside South Africa
GijonFactory trawler, pollack, Russian Bering Sea
SolidarinostFactory trawler, pollack, Russian Bering Sea
SozidanieFactory trawler, pollack, Russian Bering Sea
VigoFactory trawler, pollack, Russian Bering Sea
Kaptain AzarkinFactory trawler, pollack, Russian Bering Sea
StanovlenieFactory trawler, pollack, Russian Bering Sea
SotrudnichvestoFactory trawler, pollack, Russian Bering Sea
Vladimir StarzhinskyFactory trawler, pollack, Russian Bering Sea
SuverenitetFactory trawler, pollack, Russian Bering Sea
American MonarchFactory Trawler being built at Langstein Shipyard. Southern blue whiting, Chile

In addition, it is being reported that RGI is building 2 fishing vessels at Reile in Romania and plans to build 24 fishing vessels(19) (10 fresh fish/freezer trawlers and 14 factory ship) at Brattvaag shipyard. These are supposed to be introduced in the Russian Barents Sea.

7.3. Bering Sea Pollack and RGI involvement

The Bering Sea divides Alaska and Russia, is 2 ¼ million square kilometres in size, was discoverded by Dezjnev in 1648 and was named after the Danish/Russian seafarer Vitus Bering who explored the area about 100 years later. This is where Kjell Inge Roekke started his fishing adventure.

The Bering Sea is subject to both American and Russian management and control. In addition to the Russian and American zones, the Bering Sea contains an international area, the Doughnut Hole. Similar to the Smutthullet, the Doughnut hole is outside national jurisdiction. Strong pressure resulting in the decline of the pollack stocks has led to an agreement by both Russian and American authorities to forbid all fishery in the Doughnut Hole until further notice. So far, this agreement has been respected by the relevant players.

The Russian zone.

In the Russian zone, the management and control of the activities are far from sufficient. Lack of research as well as lack of faith in the research that does exist has led to a massive pressure on various stocks, including pollack. There is little control of the catch and it is close to impossible to disclose which criteria form the basis for allocation of licences.

The Norwegian/Russian management of the fishery stocks in the Barents Sea has gone through a large and positive development through the last number of years. Together Norway and Russia have built up a management and control regime which goes a long way towards functioning satisfactorily, at least in theory. Today, Russian and Norwegian authorities are using the same database to keep a proper control with the landings of fish, something which considerably increases the possibilities for a proper control over the catches. Norway and Russia have also reached a common understanding of the situation of the stock and what is required to maintain the status quo in the future.

However, despite the fact that only one country is involved, the situation in the Russian Bering Sea represents a stark contrast. The development of the pollack fishery is worrisome. The decline of pollack is of a kind where a more correct term is collapse. In 1981 the pollack stock in the Russian zone of the Bering Sea was estimated to be around 3.7 million tonnes - in 1995 this stock was estimated to be around 600,000 tonnes(20).

The explanation can lie in the fact that Russia is separated into 5 different independent management regions which have little or no contact with each other. There is no sign to indicate that the knowledge Russian management has obtained through the work in the Barents Sea (updated databases, thorough marine research as a basis for the quotas etc) has influenced the management of the Bering Sea.

RGI controls 18% of the pollack fishery in the Russian Bering Sea.

The American zone.

In the American sector of the Bering Sea, where RGI controls 37% of the quota, the situation seems less worrying, with a management plan and good control of the catches.

Still, recent reports indicate that the catch of pollack is too high and leading to reductions of the stock as well as other species that depend on it. The American research ship Millar Freeman found a considerable decline in the stock of one and two year old pollack. These alarming results have inspired a new trip this summer. The results from this year have not yet been published and any results will not be made available until November.

A total quota for the season is set and fishing activities are ongoing until the total quota is reached. This system leads to a favouring of large and efficient ships and overcapacity which again creates political pressure for higher quotas. Today, the overcapacity within the American pollack fishery is 200-300%, and the total yearly quota for the factory trawlers are being caught within 2-3 months of fishing activities.

7.4. Argentinian waters

With the uncertainty hanging over the [Patagnian toothfish] fishery combined with appearant lack of control, it is economically sensible for all participants to fish as much as possible before it is too late(21).

RGI is heavily involved in the fishery for Patagonian toothfish in Argentina. In 1996 RGI's part is around 33%(22). Due to the depth of the fishery (2000-3000 m) longlines must be used.

RGI has three longliners in Argentinian waters. These are Antartic I, II, III - in addition, the American Champion fishes for Patagonian toothfish from South Africa.

The fishery for Patagonian toothfish is relatively new and began in the mid-1980s. Patagonian toothfish is presumed to be a rather vulnerable species about which scientists have limited knowledge. Areas where large catches have been made have later been found to be close to empty - whether this is due to the stock migrating to new areas or whether the stock simply is decimated is something we have no clear knowledge about.

What we do know is that Patagonian toothfish lives in depths from 400 - 3000 meters, and that it can become up to 40 years old. In general we can say that species which reach such an age have slower reproduction rates than species with shorter life spans. The young fish (juvenile) live in the upper water areas (400 - 600 m) while the sprawning mass lives in depths down to 2000-3000 meters.

Patagonian toothfish is caught in the international areas outside Chile and Argentina and in the Antarctic. The conflict between the UK and Argentina over the Falkland Islands and South Georgia has further complicated the situation. The fish stock is thus subject to both national and international management. Meanwhile, much of the fishery is ongoing in international waters where no management exists. Fish stocks in Antarctic are managed by the Convention for the Conservation of Antarctic Marine Living Resources (CCAMLR), a regulatory body which meets regularly to set quotas and other management measures.

The Argentinian newspaper Redes writes that "...the list of participants from last meeting in Hobart in October illustrate this with a number of remarkable participants. Mike Nordby, the director of RGI company ASC Latin America, was a part of the official member of US's delegation as advisor." Redes emphasizes that other and more natural participants had to stay at home. One of the the large problems with the management of fisheries in the Antarctic is that the Commission does not have sanction mechanisms to penalise illegal fishing. The responsibility for control lies with the state of flag of the individual vessel.

Patagonian toothfish has a very high market value and the pressure on the resource can thus easily be too large. In 1995, the Argentinian authorities set a total quota for Patagonian toothfish of 11,000 tonnes. Registrered catch this year reached 20,000 tonnes, in addition to discards of fish of a jelly-like quality(25) which represents around 20% of the catches. This is a dramatic increase from the 5,000-7,000 tonnes which were taken yearly in the beginning of the 1990s. In recent years the catches have diminished somewhat, something researchers and the fishing industry believe is a sign of declining stocks.

The knowledge of the Patagonian toothfish is limited also in the companies which are actively involved in the fishery. In a meeting between Greenpeace and RGI on 23 August this year, RGI admitted that they have little knowledge of the fish. They state it is "a curious type of fish.." and said further that "..we experience that in areas where we got large catches one year, we get nothing the next..." That this kind of fishery can not be called sustainable was admitted by RGI's Bjoern Rune Gjelsten in a radio debate with Kalle Hesstvedt in Dagsnytt on the same day.


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(15) Norway Now, July 1996
(16) Note that this arrangement is factually confusing, as pelagic fish also includes whitefish. We mention it here, however, since that is the way Norway Seafoods is structured.
(17) According to ASC's prospect this figure will increase to 37% in 1996
(18) The fact that offal is being used for production of fishmeal has been used as an argument that the activitiy in Seattle is more "ecological" than their competitors, and that the criticism of Greenpeace as such misses the target. Two things are relevant in this context: Using offal for production of fishmeal makes economic as well as environmental sense. Secondly, Greenpeace has never claimed that American Seafood throws more offal overboard, or has more bycatch, than its competitors, but that the FACTORY TRAWLER FLEET (where American Seafood is by far the largest) represents a problem both for the total stock of pollack and for the ecosystem in the Bering Sea as a whole. Further reference is made to the Sinking Fast report, published by Greenpeace in Seattle July 1996.
(19) Fiskaren 10 September 1996, Dagsrevyen 1. October 1996.
(20) Raquel Goni (MMA), Hans Hartmann (PhD), Kathleen Mathews (PhD): Groundfish Fisheries and Dynamics of the North-eastern Pacific Ecosystems. March 1993.
(21) Dagens Naeringsliv, about the Argentinian Patagonian toothfish fishery, Thursday 18th July 1996 (Kenneth Lund and Ogne Oeyehaug)
(22) Fishing News International, July 1996.
(23) Antarctic is also an international area, but in contrast with other international areas, it is subject to a management plan. The managing body is the Convention for the Conservation of Antarctic Marine Living Resources (CCAMLR)
(24) Dagens Naeringsliv Thursday 18 October 1996.
(25) The fish meat has a jelly-like quality which researchers believe comes from a parasite. The fish is not commercially acceptable and is consequently thrown back into the water.