Saving Seafood

Analysis: Alaska’s Native corporations, once shy of seafood, may now view it as the next frontier

September 13, 2019 — Most seafood industry members have likely never heard of Alaska’s Native Corporations, but with the news this week that Bristol Bay Native Corporation (BBNC) was cleared by the US Department of Justice to acquire and merge Pacific cod giants Blue North Fisheries and Clipper Seafoods, most people will know about them soon enough.

The deal, which is expected to close as early as next week, a source familiar with the process told IntraFish, would create a group with roughly 33,000 metric tons of owned Pacific cod quota, another 13,000 metric tons for management or lease, and $95 million in revenues.

Alaska’s Native Corporations have plenty of assets, and are much, much bigger than you might expect. Alaska’s 12 Native Corporations, created under a federal law in 1971 called the Alaska Native Claims Settlement Act, employ 58,000 people worldwide, according to the Alaska Resource Development Council. They are the state’s largest landowners, and combined corporate revenues for the companies is estimated at over $8 billion.

Read the full story at IntraFish

DOJ green lights Clipper, Blue North merger

September 12, 2019 — The US Department of Justice (DOJ) has greenlit a proposed merger between the two largest Pacific cod longline companies, sources told Undercurrent News.

The DOJ review of the merger of Clipper Seafoods and Blue North, which is expected to include the Bristol Bay Native Corporation (BBNC) taking a majority stake in the combined company, was undertaken to ensure that the combined company wouldn’t create a monopoly. Sources told Undercurrent that the DOJ’s seal of approval means that the deal is likely to close this week.

Despite the combined company’s heft in the market, Clipper and Blue North argued that there are several factors that go into cod prices, like other species, “so there shouldn’t be any antitrust problems”, sources previously told Undercurrent.

Read the full story at Undercurrent News

Alaska lawmakers, Native group join dispute over Pebble mine

September 11, 2019 — Alaska lawmakers and a Native corporation have joined the dispute over a Canadian company’s potential investment in a large copper and gold mining project.

Republican Gov. Mike Dunleavy wrote a July letter supporting investment in the Pebble Mine by Wheaton Precious Metals Corp. of Vancouver, Canada, The Anchorage Daily News reported Monday.

Dunleavy’s letter came after groups opposed to Pebble wrote to Wheaton President Randy Smallwood discouraging its involvement.

Pebble opponents argue the project threatens the Bristol Bay salmon fishery in southwest Alaska. Potential developer Pebble Limited Partnership maintains it can operate the mine safely without threatening the fishery.

Read the full story at the Associated Press

Warm, dry weather causing abnormalities in Bristol Bay’s salmon runs

August 21, 2019 — The world’s largest sockeye fishery, Bristol Bay, Alaska, clocked its second-largest harvest ever this season, with a haul of more than 43 million fish. The big catch, combined with a robust base price – most of the fishery’s major processors have posted an initial ex-vessel buying price at USD 1.35 (EUR 1.20) per pound – should make 2019 among the most lucrative years in the fishery’s history. This season’s historic catch comes after a string of abnormally large runs, including last season’s 62.3 million salmon, the largest in Bristol Bay’s history.

But despite a string of productive runs that have surpassed forecasts, some biologists and fishermen are concerned about warm, dry weather that has pumped up water temperatures in the region.

Read the full story at Seafood Source

Blooms, beasts affected as Alaska records hottest month

August 19, 2019 — Alaska has been America’s canary in the coal mine for climate warming, and the yellow bird is swooning.

July was Alaska’s warmest month ever, according to the National Oceanic and Atmospheric Administration.

Sea ice melted. Bering Sea fish swam in above-normal temperatures. So did children in the coastal town of Nome. Wildfire season started early and stayed late. Thousands of walruses thronged to shore.

Unusual weather events like this could become more common with climate warming, said Brian Brettschneider, an associate climate researcher at the University of Alaska Fairbanks’ International Arctic Research Center. Alaska has seen “multiple decades-long increases” in temperature, he said.

Read the full story at the Associated Press

Commercial Fishermen, Indigenous People Unite to Fight Mine in Alaska

August 15, 2019 — In the sleepy and remote village of Dillingham in southwestern Alaska, there has historically been tension between the indigenous populations, who take a subsistence approach to catching salmon, and commercial fishermen, who take in half a billion annually by trawling one of the world’s most productive fisheries at Bristol Bay.

Both groups, however, are united against a potential mining project that they believe would devastate their way of life.

The Pebble Mine is a large deposit of gold, copper and molybdenum located at the headwaters of Bristol Bay. The deposit was first discovered in the 1980s and multinational corporations began seriously pursuing its development in the 2000s.

Read the full story at the Courthouse News Service

ALASKA: In boost to Pebble Mine promoters, EPA withdraws Clean Water Act protections

August 1, 2019 — The US Environmental Protection Agency (EPA) will withdraw protections implemented by in 2014 under the Clean Water Act that could have posed a hurdle to the proposed Pebble Mine development, which many salmon harvesters say threatens Alaska’s Bristol Bay fishery.

The EPA said in a July 30 statement that it will withdraw section Clean Water Act 404(c) provisions that would have restricted the use of “certain waters in the South Fork Koktuli River, North Fork Koktuli River, and Upper Talarik Creek watersheds in southwest Alaska as disposal sites for dredged or fill material”.

Under the administration of president Barack Obama, the EPA implemented the provisions in 2014. Three years later after the election of president Donald Trump, the agency’s then-head, Scott Pruitt, began the process to withdraw the protections. However, following an investigative report from CNN that claimed that Pruitt made the decision to withdraw the protections only an hour after meeting with the CEO of mine developer Pebble Limited Partnership, Tom Collier, Pruitt stopped the withdrawal process.

Read the full story at Undercurrent News

In hot water: How warmer years might affect salmon populations

July 29, 2019 — There is a lot of worry and speculation about hot weather affecting sockeye runs on the east side of Bristol Bay this summer. But despite some of the hottest air and water temperatures on record, every district is meeting — or exceeding — expectations, both for escapement and harvest.

As the water temperature trends continue to rise over the years, the question at the fore is how warming water will impact salmon health, and whether it shapes the runs from year to year.

Jerri Bartholomew, Director of the Aquatic Animal Health Laboratory at Oregon State University, set the baseline for a discussion on the long-term effects of heat on salmon.

“When you try and predict what’s going to happen in an ecosystem, things just get complicated,” she said.

Trying to peer into the future of Bristol Bay salmon is a bit of a shot in the dark. Without actual data, it’s a lot of guesswork: trying to find places with ecosystems similar to the bay, then extrapolating conclusions based on what we already know.

Still, there are three pressing questions when it comes to salmon in warmer waters.

The first, basic question, is how temperature affects the fish — in both the short and long term.

Read the full story at KTOO

ANCHORAGE DAILY NEWS: Proposed Bristol Bay protections have never been more important

July 22, 2019 — The diverse coalition of Alaskans working to protect Bristol Bay would like to respond to the recent comments by the U.S. Environmental Protection Agency stating major deficiencies in Pebble’s plan and the Draft Environmental Impact Statement (DEIS), as well as last week’s news that the EPA will resume the withdrawal process for the 2014 proposed determination that would protect the headwaters of the Bristol Bay watershed.

Our diverse coalition formed after six Bristol Bay Tribes petitioned the EPA in 2010 for help protecting the water and land that sustains our communities. The request was quickly supported by commercial and sport fishing groups, and our broad collection of Tribes, Alaska Native Corporations, commercial fishermen, sport fishing businesses and enthusiasts and Alaska-based conservation groups. Together, we seek to protect the world-class treasure that is the Bristol Bay salmon fishery from the proposed Pebble mine.

Since this request was made, major financial backers have abandoned the project, a twice-peer reviewed study found that mining the Pebble deposit would have unacceptable adverse impacts to the fishery, and the majority of Alaskans have continually opposed the project. Now, the EPA has said Pebble’s permit application confirms its prior finding: Pebble Mine cannot safely coexist with the fishery.

The EPA’s multi-year public process and the resulting proposed determination included every stakeholder group – our organizations, state government representatives, scientific experts, Bristol Bay residents and the Pebble Partnership all had seats at the table.

Read the full story at the Anchorage Daily News

Bountiful Alaska salmon catches affecting Canadian farmed prices

July 18, 2019 — A bumper sockeye run from the US state of Alaska’s prolific Bristol Bay fishery is thought to be putting downward pressure on Canadian farmed prices, the Norwegian investment bank Nordea believes.

In a recent written comment, analyst Kolbjorn Giskeodegard wrote that the seasonal drop in farmed prices is typical during the second quarter as wild stocks come online. However, this year’s unexpectedly strong sockeye return in Alaska has put some 45,000 metric tons of sockeye above the preseason forecast of 80,000t to 85,000t.

Canadian farmed prices have stayed closer to $5 per kilogram from the April to June 2019 period, below last year’s $7/kg average during week 22 of the year

Read the full story at Undercurrent News