Two New Additional Owners of the CM

i imagine the majority owner is still a bank or the devlin family.

doder - Cornelia Devlin does not own any interest in the CM. She sold her interest in early 2013 to Josh and Jake.

I would only invest if Josh had nothing to do with the running of the boat. I wonder who is controlling the desicion making in term of repairs and what fishing industries they will participate in? Having Josh at the helm, at least at the moment, is not a good profit making strategy.

I think the ownership is kept purposely murky because it doesn't fit into Disco's "redemption arc" for the CM or the Harris brothers. She is no longer Harris majority owned, and only was for a short time. That together with Josh's disinterest in really participating in the business hardly makes for a compelling "storyline". Josh obviously is not able to hack it in terms of keeping the bills payed without cash infusions. He is going to dump his remaining interest the minute DC is off the air.

Mari - I think you are probably right. Not for nothing but where would that leave Josh?
Truthfully, I never thought Josh would sell most of his ownership of the CM. But, it did seem like it needed a ton of repairs and sounds like almost the whole boat was rebuilt from what Casey has posted. I would guess Josh must now have very little say in what goes on with the boat. Sounds like Casey knew what he was doing all along when he bought into the boat last year.

Unfortunately Casey is a steady, noncontroversial, capable Captain. Not good for tv, which as we know, loves lots of drama. I really like him.

Here's the actual comment posted by Casey on the DC Facebook Page....

As of right now there are four owners, two of them just came in at the end of Opies. Josh and I own part. Roger and Kari are the other two partners. They're both experienced fisherman and all around boat people. They're very talented hands-on partners.
 

Just finished watching the latest episode of DC and couldn't believe how arrogant Josh was when Keith tried to get him to fish tanners. Wow!! I wonder what Casey thought about Josh not wanting to fish for more crab? And, I wonder if Casey went out anyway?

Yeah.. I remember when Josh and Jake used to talk to their dad like that, too. Josh hasn't grown up yet, maybe Phil protected them too much.

I am glad the new partners are experienced. More people for Josh to learn from, if he cares to.

Mari - So true. Most young fishermen would love to be in Josh's position and would give anything to have the help and advise he continually ignores. Lets see how he does now that he is only a minority owner and there are three far more experienced people who will also be making decisions.

Trident could only be able to control their crab fishing to the extent of matching quota shares.
Fishing vessel IFQs are matched up with processer IPQs (Individual Processor Quota).
IFQ holders have the right to match their shares with any processer with available IPQ. If Trident was part owner I suppose they could put pressure on for the CM to match with Trident.
I don't know how legal that would be, as they may be able to own a boat, but cannot own any IFQ
That said I don't know where the CM has been delivering their crab so don't know if that is happening.
I know the CM has not tendered salmon for Trident. Most boats that Trident has vested interest in also tender salmon in the summer.

Nothing I have heard indicates that Trident has any investment in the Cornelia Marie.

Fame or Josh??? ;-)

The 2 new owners of the Cornelia Marie are Kari Toivola and Roger Thomas. I know Kari fishes salmon in Bristol Bay and used to crab back in the day. I know there is a Roger Thomas that captains a sport fishing boat called the Salty Lady out of California, which is where Josh Harris lives now. Not sure if it's the same guy though