January 7, 2021 — Thirty coastal Alaska communities, the Coastal Villages Region Fund (CVRF), and the Bristol Bay Economic Development Corporation (BBEDC) announced on 7 January the buyout of Seattle-based Mariner Companies.
The acquisition, according to a release from the organizations, constitutes 3 percent of the total opilio and red king crab quota. In addition to the quota, the CVRF and BBEDC will acquire full ownership of seven crabbing vessels from the company, which is majority-owned by Kevin Kaldestad and Gordon Kristjanson.