July 7, 2020 — Fishermen harvested a mere 16 percent of the overall quota for the directed commercial halibut fishery in Area 2A in June. That means a second 3-day opener starts today.
The International Pacific Halibut Commission set extremely low vessel limits this year, noting the increase in the number of permits issued and anticipating more participation over a three-day opener. However, the low limits likely made it economically unviable for many fishermen, particularly the larger vessels. Some fishermen also reported low halibut prices this summer. The combination of low prices, low vessel limits, lower consumer demand due to COVID-19 and other market impacts created a perfect storm for low landings.