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TESTIMONY OF 



STUART W. LOONBY 



PRESIDENT AND CHIEF EXECUTIVE OFFICER 



ROYAL SEAFOODS, INC. 



SEATTLE, WASHINGTON 



BEFORE THE 



COMMITTEE ON MERCHANT MARINE AND FISHERIES 



U.S. HOUSE OF REPRESENTATIVES 



Field Hearing - Portland, Oregon 



August 10, 1993 



Thank you Mr. Chairman and Members of the Committee. My 

 name is Stuart Looney. I am the President and Chief Executive 

 Officer of Royal Seafoods, Inc. I appreciate the opportunity to 

 appear before the Merchant Marine and Fisheries Committee as you 

 consider reauthorization of the Magnuson Fishery Conservation and 

 Management Act ("FCMA" or the "Act"). 



Royal Seafoods and the North Pacif ic Groundfish Fishery 



Royal Seafoods is a U.S. owned vertically integrated fish 

 harvesting and processing company. It is one of the West Coast's 

 largest dedicated whitefish manufacturing, marketing and 

 distributing companies. We obtain virtually all of our product 

 from our own fleet of catcher/processor vessels, the ROYAL SEA, 

 SNOW KING and ROYAL KING. This product is further processed and 

 packaged at our plant on the Elliot Bay waterfront in Seattle 

 into various seafood products which are sold directly to domestic 

 restaurants and grocery chains for consumption throughout the 

 United States. There is a good chance that many of you have 



