Saving Seafood

ALASKA: Pacific Seafood to acquire Trident Seafoods’ Kodiak facilities

October 22, 2024 — Trident Seafoods and Pacific Seafood have jointly announced an agreement in principle for Pacific Seafood to acquire Trident’s processing facilities at Kodiak.

The two seafood processing firms said on Oct. 14 that they are currently completing their due diligence efforts and expect to finalize the transaction in November.

They said that both parties are committed to providing job security and ensuring continuity of the Kodiak operations.

“Our top priority is to reassure employees and the fleet that this is a handoff, not a shutdown,” said Joe Bundrant, CEO of Trident. “We are committed to a smooth transition with Pacific Seafood, so they are well prepared to operate for the 2025 A season.”

Frank Dulcich, CEO and president of Pacific Seafood, said his company is excited about this opportunity to expand their Kodiak operations and leverage its diverse national and international distribution channels to provide even more opportunities for Kodiak team members and the fleet.

Dulcich said Pacific Seafood plans to retain all employees of the Kodiak facility as part of the deal.

Read the full article at The Cordova Times

ALASKA: NOAA economists report plunging revenues for Alaska commercial fisheries

October 18, 2024 — The federal government published an “economic snapshot” in October that said Alaska’s commercial fishing industry in 2023 was about half as profitable as it was in 2021. Last year in particular marked one of the worst years for commercial fishermen in modern history.

Alaska Public Media’s Ava White talked with KMXT’s Brian Venua, who’s kept a close eye on commercial fishing, to break down the report.

This script has been lightly edited for clarity and length.

Ava White: So Brian, it’s not a secret that there has been a major crash in fisheries in the last few years. What’s new about this report in particular?

Brain Venua: National Oceanic and Atmospheric Administration economists estimated that industry-wide profits have plunged in the last few years. As a whole, commercial fisheries in Alaska were estimated to be worth $1.8 billion dollars less in 2023 than in 2022.

That’s split between wholesale values being down by about a quarter year over year – about $1.2 billion dollars. Vessel revenues were also down by over $600 million, according to the report.

NOAA is the government agency that manages a lot of Alaska’s fisheries. According to data linked in the report, people in the industry asked NOAA for a sort of independent snapshot.

I think the big thing is that it helps put numbers to things that a lot of people already know – that commercial fishing has had a really tough time.

Read the full article at Alaska Pubic Media

ALASKA: Alaska commercial seafood industry lost USD 1.8 billion from 2022 to 2023

October 18, 2024 — The Alaska commercial seafood sector’s profitability declined 50 percent from 2022 to 2023, with the industry suffering a USD 1.8 billion (EUR 1.7 billion) loss in the period according to an economic snapshot produced by NOAA Fisheries.

“Commercial fisheries have flourished in Alaska for generations, shaping social structures, cultural identity, and robust local economies. Beyond the economic impacts, the decline of fisheries in the region threatens a way of life, sense of place, community, and identity,” Alaska Fisheries Science Center Economist and lead author of the economic snapshot Steve Kasperski said.

Read the full article at SeafoodSource

ALASKA: NOAA Snapshot Charts Alaska Seafood Industry Losses, Points to Reasons

October 17, 2024 — The health of Alaska’s seafood industry is not, at this moment, particularly good. A new economic snapshot reported by the National Oceanic and Atmospheric Administration Fisheries agency (NOAA Fisheries) details a downturn over the past two years. It estimates the Alaska seafood industry suffered a $1.8 billion loss between 2022 and 2023, and the industry saw a 50 percent decline in profitability between 2021 and 2023.

“The Alaska seafood industry is a major contributor to the US seafood sector,” says Robert Foy, director of NOAA’s Alaska Fisheries Science Center. “The social and economic ramifications of Alaska’s losses have reverberated down the West Coast and across the country.”

Higher Costs, Changing Habits, Greater Competition, and Climate Change

Industry changes have resulted in more than 38,000 job losses nationwide and a $4.3 billion loss in total US output, representing the total dollar value of all goods and services produced. The most affected states—Alaska, Washington, Oregon, and California—saw a combined loss of $191 million in state and local tax revenues.

Seafood is the top private sector employer in Alaska. For many Alaska coastal communities, fisheries are the primary contributor to their local economy, helping to shape their social structures and cultural identities.

Read the full article at Alaska Business

ALASKA: Alaska’s “Imploding” Fishing Industry Has Shed 38,000 Jobs

October 16, 2024 — Falling revenue and rising costs have hit Alaska’s fishing industry hard, according to a new study by NOAA Fisheries. In an economic review requested by fishermen and processors, NOAA found that profitability dropped by half from 2021-23, and wholesale prices dropped by a quarter in 2022-23. This left the Alaskan seafood industry with a total direct loss of $1.8 billion in 2022-3 and the loss of about 38,000 jobs.

“For many Alaskans the decline of their seafood industry affects their pocketbooks, presents food security concerns, and impacts their way of life, sense of place, community, and identity,” NOAA noted. “In the face of evolving climate-driven impacts to ecosystems and fisheries in the region, these recent market disruptions undermine the capacity of all segments of the seafood industry and associated fishing communities to be resilient and survive in fisheries.”

Read the full article at The Maritime Executive

ALASKA: Bering Sea snow crab fishing to resume, but at an ultra-low level to encourage repopulation

October 16, 2024 — After a two-year hiatus forced by low stocks, the Bering Sea snow crab harvest is back on.

The decision to reopen the harvest, announced on Oct. 4 by the Alaska Department of Fish and Game, is based on signs of recovery in the crab populations. The official harvest opening was Tuesday.

Signs of recovery are modest, and so is the allowable catch. The harvest is limited to 4.72 million pounds, a level that is a far cry from the 45-million-pound quota used in the 2020-21 season and similarly large quotas in earlier years.

This season’s total allowable catch is the smallest in the history of the fishery, said Mark Stichert, the Alaska Department of Fish and Game’s Kodiak-based management coordinator for groundfish and shellfish harvests.

The department sets catch limits based on information gleaned by the National Oceanic and Atmospheric Administration’s National Marine Fisheries Service.

As Stichert describes it, the department’s decision to allow a “small, conservative fishery” for snow crab was the product of a careful balancing act.

Read the full article at the Alaska Beacon

 

ALASKA: What determines total allowable catch? Fish and Game breaks the equation down

October 16, 2024 — The Alaska Department of Fish and Game hosted its annual Bering Sea/Aleutian Islands Crab Industry Meeting on Friday.

Topics included Fish and Game’s formula for determining the total allowable catch (TAC) for certain crab seasons this year.

The meeting specifically focused on what those in the industry call the big three: Bering Sea crab stocks (which included Bering Sea snow crab), Tanner snow crab, and Bristol Bay red king crab.

“The public might not agree with some of the decisions that our group makes,” ADF&G researcher Ben Daly said. “Our aim for these meetings is at least to provide that level of transparency so they understand the thought process that the department goes through.”

Read the full article at Alaska News Source

Environmental group seeks limits on Alaska trawling

October 15, 2024 — The international advocacy organization Oceana is pushing for the North Pacific Fishery Management Council to take action on trawling. The nonprofit released a statement Oct. 7 calling on the council to limit trawling in the Bering Sea and Alaska fisheries, saying it is a threat to sensitive seafloor habitats.

Trawling involves dragging a large fishing net behind a boat to collect fish. It’s big business: the trawl fishery targeting Alaska pollock in the Bering Sea is the largest fishery in the nation. Critics say trawl gear used in the Gulf of Alaska and Bering Sea makes contact with the seafloor, damaging marine ecosystems.

Ben Enticknap, a scientist and campaign director for Oceana, expressed concerns about the practice, saying trawling “risks damaging sensitive habitats.” He called on the council to impose measures to ensure the gear stays off the bottom.

Read the full article at Alaska Public Media

ALASKA: Multiple groups urge seafloor protections from pelagic trawling

October 15, 2024 — A diverse group of harvesters, conservation entities and others are calling on federal fisheries managers to do more to protect seafloor habitats from midwater trawl nets they say are dragging the bottom of the ocean floor.

Midwater, or pelagic, trawling — used to catch schooling fish like pollock, is supposed to be fished in the water column rather than on the seafloor. For this reason, pelagic trawling is allowed in most conservation areas closed to bottom trawling — a form of fishing where nets are purposely dragged on the seafloor and damage corals, sponges and other living seafloor habitats in the process.

An analysis by the National Marine Fisheries Service indicates that 40% to 100% of the width of pelagic trawl gear fished in the Gulf of Alaska and Bering Sea has been in contact with the seafloor, and that these nets, which range from 50 to 190 yards wide, are dragged for miles.

After hearing extensive testimony during their October meeting in Anchorage, the North Pacific Fishery Management Council (NPFMC) called for a special meeting to be held Feb. 3-10 at the Egan Center in Anchorage for an initial review of chum salmon bycatch in these waters. The fishery council is to further consider pelagic trawl seafloor impacts at its June 2025 meeting in Newport, Oregon.

Read the full article at the Cordova Times

ALASKA: Alaska’s seafood industry lost $1.8 billion last year, NOAA report says

October 11, 2024 — A variety of market forces combined with fishery collapses occurring in a rapidly changing environment caused Alaska’s seafood industry to lose $1.8 billion from 2022 to 2023, a new federal report said.

The array of economic and environmental challenges has devastated one of Alaska’s main industries, said the report, issued by the National Oceanic and Atmospheric Administration. And the losses extend beyond economics, casting doubt on prospects for the future, the report said.

“For many Alaskans the decline of their seafood industry affects their pocketbooks, presents food security concerns, and impacts their way of life, sense of place, community, and identity. In the face of evolving climate-driven impacts to ecosystems and fisheries in the region, these recent market disruptions undermine the capacity of all segments of the seafood industry and associated fishing communities to be resilient and survive in fisheries now and in the future,” the report said.

Read the full article at Alaska Beacon