Tag Archives: 10-year crab review
Catch Shares: After 10-year crab review, NPFMC seeks social impact information. Are they blind?
The North Pacific Fishery Management Council approved a 10-year review of rationalization on June 10, the program that ended derby-style crab fisheries in 2005 and gave quota shares to vessel owners, captains and processors. The aim was to reduce overcapitalization and create a safer fishery by allowing crew to fish slower with a guaranteed quota allocation compared to the previous free-for-all. The study – The 10-year review charted a continuation of trends found in the five-year review. Vessel consolidation continued along with quota consolidation, but both somewhat stabilized in the last five years. Fewer people hold quota than before. Each individual quota holder, naturally, holds more quota now than in 2004; 53 fewer people hold Bristol Bay red king crab crew shares now than in 2005. In the two years following rationalization, the crab fleet shrank from 256 vessels in 2004 to 91 in 2006. Read the rest here 12:49
