Tag Archives: Bering Sea snow crab fishery
Alaskan snow crabs are canaries for worsening fishing woes
The Bering Sea crab industry was booming when Chuck Hosmer became captain of the F/V Baranof in 1980. At the time, crew members could take home up to $90,000 in a single season. But his sons Adam and Andrew, who grew up fishing on Whidbey Island and followed their father’s footsteps into seafood, may never see the industry return to what it once was. Alaskan crabbing is not for the faint of heart. In the past, the payout was worth the risk. “No one thought snow crab would disappear. Nobody. Even a year ago, we never would have expected a canceled season for snow crab,” said Adam Hosmer, one of the Baranof’s first mates. “They used to just be a dime a dozen. If you ask any of the old-timers, they used to be everywhere. Everywhere.” Photos, >click to read< 11:04
Massive losses predicted from Bering Sea crab closures
While other crab stocks have been declining in the North Pacific for years, the snow crab fishery’s collapse is doubly shocking for the industry. Not only is it one of the larger crab fisheries by volume in Alaska, it has also gone from booming and healthy to overfished and collapsing within five years, with little warning or clear explanation. Fishermen who made investments in permits and boats less than five years ago are now looking at bankruptcy. Alaska Bering Sea Crabbers, the trade organization representing the industry, has estimated the direct financial losses at about $500 million. Adding in the ripple effects to the economy, that estimate rises to about $1 billion. >click to read< 07:50
