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ALASKA: Pebble’s owner reports growing deficit and doubts about its future. Again.

December 6, 2019 — The company trying to develop the Pebble Mine is going to need a lot more money to keep up the pace.

Northern Dynasty, based in Vancouver, B.C., is the parent company of the Pebble Partnership. It reports losing about $40 million (CA$53 million) in the first nine months of the year.

Its deficit now exceeds $400 million. If the company can’t raise the money to pay its debts when they come due, it may have to “reduce or curtail” its operations “at some point,” the report says.

“As such, there is material uncertainty that raises substantial doubt about the Group’s (Pebble and its parent company’s) ability to continue as a going concern,” the report says.

Northern Dynasty has included nearly identical statements in previous quarterly reports.

Pebble spokesman Mike Heatwole said in an email that Pebble continues to look for a partner and is confident in its ability to continue advancing the project.

This and previous financial statements tell a story that’s much darker than the rosy image Pebble projects in its ad campaign, said Daniel Cheyette, a vice president of Bristol Bay Native Corporation.

Read the full story at Alaska Public Media

NPFMC is Moving

December 5, 2019 — The following was released by the North Pacific Fishery Management Council:

After the December 2019 Council meeting, the NPFMC office will be moving three blocks west and one block north to 1007 W. 3rd Ave, Suite 400, Anchorage AK, 99501, still in downtown Anchorage.  While the office will be closed to the public from December 16-27 to allow workers to accomplish tasks safely, you may still reach us via email. Our website, phone numbers, and email addresses will all remain the same.

The Council offices are all on the 4th floor of the building. We are excited that consolidating staff offices to be on the same floor will encourage collaboration and efficiency.  We also expect to hold committee meetings on site in our newly-equipped conference room, with upgraded video and teleconferencing capabilities.

Currently, the first floor of this building houses the North Pacific Research Board, the Alaska Ocean Observing System and Alaska Sea Grant offices.  We’re looking forward to being closer to our marine partners, and hope to be able to host an open house during the April Council meeting!

Thank you for your patience during this exciting endeavor.

Read the full release here

ALASKA: At Pacific Marine Expo, Pebble worries dominate discussion

December 5, 2019 — Over 500 vendors exhibited at the 2019 Pacific Marine Expo in Seattle in late November. For commercial fishermen, processors and small businesses, it’s the place to be.

The expo was winding down on Saturday morning. But Naknek fisherman Reba Temple was causing a stir with her unusual get-up, made of the mesh netting that salmon tenders use to collect a catch.

“It’s made out of scraps of brailer material. So there’s grommets and mesh brailer material and black straps, and it’s a ballgown,” she said.

Temple said the expo is a great place to catch up with the people and the products in the industry.

“Everyone’s here, you can talk to your processors, you can talk to your friends, see hydraulic pumps cut open so you actually know how they work,” she said.

Stickers and signs saying NO PEBBLE MINE adorned booths, as they have for the past decade. The mine would tap large copper and gold deposits near the headwaters of two major river systems in Bristol Bay. And as the Trump administration breathes new life into the project, many people here are worried.

“Nothing in the world has zero risk — especially when you have a mine of this size with the existing data that show very definitively that there will be impacts,” said Daniel Schindler, director of the University of Washington’s Alaska Salmon Program.

Read the full story at Alaska Public Media

US Pacific cod TAC set to drop below Russia’s next year, 2021 reduction also likely

December 3, 2019 — The total allowable catch (TAC) for US Pacific cod will drop again in 2020 and beyond, as Russia increases its TAC way past the Alaskans and also has now Marine Stewardship Council (MSC) for a large chunk of its fishery.

Alaska’s Pacific cod biomass is down considerably in 2020 and will drop further in 2021, according to the draft stock assessment and fisheries evaluation (SAFE) report on stocks in the eastern Bering Sea and Aleutian Islands, which will be discussed Monday at the North Pacific Fishery Management Council (NPFMC) meeting, held from Dec. 2-10, 2019, at the Hilton Hotel in Anchorage, Alaska.

At the end of the meeting, TACs for Pacific cod, pollock and other species will be recommended to the government. According to historical catch data, the last time Russia had a higher Pacific cod catch than the US and Canada was 1987, when it was 175,271t compared to 150,591t.

Read the full story at Undercurrent News

Alaska’s northern rock sole another climate change winner

December 3, 2019 — Count Alaska’s northern rock sole among the fish species that appear to have more promise as water temperatures continue to increase as a result of climate change, Alaska TV station KTUU reports.

Using biomass data collected from 1982 through 2014 as well as wind and temperature data, Dan Cooper, a fish biologist with the US National Oceanic and Atmospheric Administration, and his team have determined that the flatfish species has higher reproductive success in warmer years, according to the NBC affiliate.

Though its females grow to a size of up to 27 inches in length and males up to 19 inches, northern rock sole is harvested significantly less than pollock and Pacific cod, in Alaska. The North Pacific Fishery Management Council set the acceptable biological catch for the fish in the Bering Sea and Aleutian Islands at 143,000 metric tons for 2020, yet in 2018 only 60% of the total allowable catch was harvested, the news service noted.

Read the full story at Undercurrent News

ALASKA: US Gulf of Alaska cod harvesters running out of time

November 29, 2019 — The North Pacific Marine Fisheries Council is reviewing the state of the Pacific cod population in the Gulf of Alaska and most likely will announce that the fishery is being shut down in just a few weeks, advises Alaska Public Media in a recent article.

The cod, a major driver of Kodiak, Alaska’s winter economy, are now below the federal threshold that protects cod as a food source for endangered Stellar sea lions, and don’t look ready to bounce back any time soon.

From their last peak in 2014, at 113,830 metric tons, the level of mature, spawning cod have lost more than half their number in the gulf, according to stock assessment data noted by the news service. The fishery had 46,080t in 2017.

The article blames the beginning of the decline heavily on the emergence of “the blob,” a massive marine heatwave across the Pacific that caused surface ocean temperatures to rise 4 to 5 degrees Fahrenheit between 2014 and 2016.

Read the full story at Undercurrent News

Pacific halibut scientist warns of lower yields over next three years

November 27, 2019 — Expect lower halibut catches on the Pacific Coast of North America in 2020 and beyond, based on the presentation given Monday at the International Pacific Halibut Commission (IPHC) meeting, in Seattle, Washington, by lead scientist Ian Stewart.

Based on a report by Alaska Fish Radio, Stewart — who was summarizing the outlook for commercial halibut fisheries from Northern California, in the US, and British Columbia, Canada, to the Bering Sea of Alaska — said:

“In short, the model survey trends as you’ve seen from the previous presentations are down both in numbers and weight per unit of effort. And what we’ve seen from the commercial fishery’s CPUE (catch per unit of effort) is we have mixed trends, however relatively flat at the coast-wide levels with some brighter spots and some not so good spots across the coast.”

Stewart said the central Gulf of Alaska (Area 3A) showed the biggest decreases in all measures based, but added that the spawning biomass of the coastwide Pacific halibut stock decreased from 2018 to 2019, as previously predicted.

Read the full story at Undercurrent News

Regional fishing successes cause spike in sale prices for Alaska salmon permits

November 27, 2019 — The value of Alaska salmon permits has ticked upward in regions that experienced a good fishery this year, while others have tanked.

Not surprisingly, the record sockeye fishery at Bristol Bay has boosted sales of driftnet permits to nearly $200,000, up from the mid-$170,000 range prior to the 2019 season. Another strong run forecast of 48.9 million sockeyes for 2020, with a projected harvest of 36.9 million, could increase the value even more, said Doug Bowen of Alaska Boats and Permits in Homer.

What’s really raising eyebrows, Bowen said, is values for driftnet permits at Area M (False Pass) on the Alaska Peninsula, where lots of people want in and not many want out.

“We sold one at $235,000 which is amazing – $40,000 more than a Bay permit,” Bowen said. Listings by other brokers reflect the same trend, with Area M seine permits also commanding over $180,000.

Read the full story at the Anchorage Daily News

ALASKA: Warmer Bering Sea may benefit an Alaskan flatfish

November 27, 2019 — While the repercussions of climate change are complex and many impacts are unknown, newly published research suggests that one winner in a shifting environment is Alaska’s Northern rock sole.

The Northern rock sole is a flatfish that is commercially harvested, although it is fished significantly less than Pollock and Pacific cod.

Females grow up to 27 inches, while makes grow up to around 19 inches. The North Pacific Fishery Management Council set the acceptable biological catch for the fish in the Bering Sea and Aleutian Islands at 143,000 metric tons for 2020, yet in 2018 only 60% of the total allowable catch was harvested.

Research by NOAA Fisheries biologists suggest that the fish have higher reproductive success in warmer years, meaning that a higher percentage of eggs laid will grow to become part of the catch-able population.

The investigation started after surveys of juvenile showed dramatically different results in the same location.

“One year we went in this area between Nunivak Island and Cape Newenham offshore and we found very high densities of the animals. We estimated that there were billions and that was in 2003 – a warm year,” said Dan Cooper, a research fisheries biologist with NOAA’s Alaska Fisheries Science Center.

He said it’s the opposite in cold years.

Read the full story at KTUU

ALASKA: Pink salmon disaster relief payments delayed

November 27, 2019 — Federal relief payments to permit holders who participated in the disastrous 2016 Gulf of Alaska pink salmon fishery have hit another snag, and now won’t be forthcoming until March.

News of the payment delay, which was slated to be within six to eight weeks of the Oct. 31 deadline for skipper applications for relief reached Rep. Louise Stutes, R-Kodiak, on Nov. 15.

Permit holders can now expect to receive their disbursements six to eight weeks after the Jan. 31 deadline, she said.

The Alaska Department of Fish and Game is in the process of updating information on the Pacific States Marine Fisheries Commission website to explain the situation and post a new timeline. Permit holders should keep an eye out on psmfc.org for changes.

According to AD&G, the delay was needed because it became apparent to the agency that there was very consistent underreporting by the skippers of crew in certain fisheries.  Additionally, only 65 percent of permit holder applications were returned to the PSMFC, the interstate compact agency named to administer these disaster funds.

Read the full story at The Cordoba Times

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