Tag Archives: Trident Seafood

Economists unsure of how long huge salmon influxes will affect prices

Kodiak fisherman Mike Friccero has fished for salmon for over four decades. He said he was expecting a low price for Bristol Bay salmon this summer but didn’t think rumors were true about how low it would drop. “Our processor gave us a letter, a narrative before the season started, saying that pricing conditions weren’t great but that they were going to go after it with all the resources that they utilized last year as far as tendering and logistics and resources in general,” he said. “And they asked if we would do the same.” Friccero said with lower salmon prices, he’s able to keep a decent paycheck but will have to be wary of his budget for next year. He said he hopes market conditions improve over the winter. >click to read< 11:27

The Informal Strike. Bering Sea cod fisherman fight for better catch price

The Bristol Bay red king crab fishery has been closed for two years, and along with it, Bering Sea snow crab have abruptly disappeared, So when a group of Bering Sea fishermen recently heard they’d be getting paid less than they hoped for cod this winter season, they figured they couldn’t afford to just sit by. But that’s exactly what they did. Rather than head out right away to the fishing grounds and set their gear like they usually do on the New Year, nearly 30 boats dropped their anchors or docked up in port, waiting on better news. “Trident posted a substantially low price for cod this season, but no other processors would post anything,” said Chris Studeman, captain and co-owner of the 104-foot fishing vessel Kevleen K. “And they all expected us to just go fishing with the good faith that they’ll make it right in the end. And you can’t really run an operation with the hope that somebody will make it right in the end.” >click to read< 20:49

Trident reopens Akutan processing plant after month-long Coronavirus closure

An outbreak at the plant forced the fishing giant to close the facility in late January just as the lucrative winter season was set to kick off. In the course of the outbreak, 45% of Trident’s 700-person workforce ultimately tested positive for the virus, company officials said Monday. Multiple rounds of comprehensive testing brought welcome news last week that COVID-19 cases had been isolated on site, Trident said in a statement. Surveillance testing, symptom screenings and the use of PPE and distancing protocols will remain throughout the season. >click to read< 17:40

Cod fishery closure, Trident plant shutdown slam Sand Point

Earlier this month the North Pacific Fisheries Management Council completely closed the Gulf of Alaska cod fishery after several years of decreased catch limits. Although the closure of the valuable fishery will have a wide impact across the Alaska seafood industry, the city of Sand Point was already facing a blow after Trident Seafoods announced it would close its processing plant in the city for the winter. “It’s a big challenge for the community. We have a lot of people who are actively involved in the fishery. >click to read< 08:30

Fishermen participating in Alaska’s largest herring fishery have a huge quota to fill next year. But the primary customer isn’t buying.

“I’m a recovering herring fisherman,” joked Bruce Schactler. Schactler, who lives in Kodiak, has been fishing in Togiak off and on since 1985. But he won’t be returning this summer. “The market is so bad that Trident will not be buying fish this year, so we’re not going. Every ton that is frozen and shipped off to Japan is a loser. There’s no money being made,” he said. >click to read< 07:06

State-of-the-art facility in Harris Harbor matches boat watcher’s growth

Captain Ed Page, the Executive Director of the Marine Exchange of Alaska, stood on the roof of their new $4-million facility on the edge of Harris Harbor.,, The private nonprofit has just moved in and started operations from their new location last week. MXAK monitors vessels — everything from huge cargo ships to fishing vessels and Native whaling boats — on more square miles of ocean than any organization of its kind in the world. It’s an area stretching from the Dixon Entrance to the Beaufort Sea. click here to read the story 18:01