Tag Archives: Alaska Boats and Permits

One Alaska Bay Is Booming With Salmon, For Now

Bristol Bay’s sockeye harvest has long made up about half of the global catch of this species, in a seasonal blitz as short as it is enormous: The fishery lasts a mere six weeks. Each summer, 15,000 seafood processors, boat-based fishermen, and setnetters, including families such as the Bandles, gather here to support an industry worth more than $2 billion in 2019. Some fishermen will net enough cash to live on until the fish come back the next year. And this year, Bristol Bay outdid itself,,, But such riches are localized. Outside of Bristol Bay, salmon fisheries are failing, including those on British Columbia’s famed Fraser River, on Alaska’s Chignik and Copper Rivers, and in Cook Inlet. Five hundred miles north of Bristol Bay, Yukon River salmon runs have totally collapsed. >click to read< 12:35 ADFG: Bristol Bay sockeye runs set all-time record – It’s official: Bristol Bay’s 2021 commercial salmon season was the largest on record. >click to read<

FISH FACTOR: Salmon permit values rise on optimism; halibut shares sinking

Nearly all Alaska salmon permits have gone up in value since last fall and buying/selling/trading action is brisk. “We’re as busy as we’ve ever been in the last 20 years,” said Doug Bowen of Alaska Boats and Permits in Homer. “Boat sales are doing well and between IFQs (individual fishing quota) and permit sales, we’ve got a busy year going.”The salmon permit interest is fueled by a forecast this year of more than 213 million fish, an 85 percent increase over 2018. Also, salmon prices are expected to be higher.,,, Halibut quota slump,,, >click to read<13:01

‘Cautious optimism’ surrounds value of Alaska salmon fishing permits

It’s steady as she goes for the values of Alaska salmon fishing permits, with upticks in the wind at several fishing regions. “There’s a lot of cautious optimism,” said Jeff Osborn of Dock Street Brokers in Seattle. As well there should be after a salmon fishery that produced 225 million fish valued at nearly $680 million, a 67 percent increase over 2016. Bristol Bay drift salmon permits trade more than any other due to sheer volume (1,800), and it’s no surprise the value is increasing after one of the best fishing seasons ever. click here to read the story 14:31