November 20, 2025 — Financial relief is finally reaching Alaska fishermen, roughly four years after the crab crash hit the Bering Sea fleet.
The payments cover Bristol Bay red king crab and Bering Sea snow crab fisheries from the 2021-2022 and 2022-2023 seasons, when stocks collapsed and the fisheries remained closed.
The trade group Alaska Bering Sea Crabbers coordinated with harvesters, processors and communities to ask Gov. Mike Dunleavy to request a federal disaster declaration, which the U.S. Secretary of Commerce approved in May 2023.