Enoksen, who came to the United States from Norway as a boy after World War II, founded New Bedford, Massachusetts-based Eastern in 1978 with one vessel.

With his longtime business partner Frank O’ Hara, Enoksen has built the company into a fishing empire operating 23 vessels and handling approximately 20 million pounds of scallops each year, roughly 20 percent of the total U.S. consumption.

The reason for this success is simple, Enoksen told IntraFish.

“I think we have been successful as we have never lost faith in the scallop business itself,” he said.

“When