Tag Archives: drop in value

Bristol Bay drift permits drop in value

Just a few months ago, a permit for driftnet salmon in Bristol Bay went for over $225,000. There were many in that general price range late last fall. This month, the prices at permit brokerages show that some are being offered for as little as $140,000, more than a one-third drop in value. The price for commercial fishing permits goes up and down through time. In 2020, Bristol Bay drift permits could be found for between $170,000 and $180,000. Then they went up, and now they are down. >click to read< 19:43

Mixed picture for Shetland fish landings – an increase in volume but a drop in value

Just over 54,000 tonnes – worth some £72 million – were landed in the islands during 2020, nearly half of it by Shetland boats. The total tonnage was up by 7% year-on-year but the value fell 10%. Some 18,600 tonnes of white-fish worth £37m were landed in Shetland, more than two-thirds of it by local boats. Mr Napier said Shetland landings were not badly impacted by the Covid-19 pandemic, >click to read< 08:56