Tag Archives: fisherman Erik Velsko
Peter Pan’s King Cove plant will stay closed this winter as fishing industry turmoil spreads
In a major hit to Southwest Alaska’s fishing industry, Peter Pan Seafood Co. will keep its huge plant in the village of King Cove shuttered this winter, meaning that the company won’t be processing millions of dollars’ worth of cod, whitefish and crab. “It’s one of the most difficult days of my life,” Rodger May, one of the company’s owners and a longtime player in the seafood industry, said in a brief interview Thursday. “It’s just a devastating time for the industry.” The closure is the latest sign of the widening turmoil in Alaska seafood markets, which are contending with depressed global demand across many different species and intense competition from producers in Russia. more, >>click to read<< 13:39
In Depth: Alaska’s Fisheries Are Collapsing. This Congresswoman Is Taking on the Industry She Says Is to Blame.
The late 1990s and early 2000s were boomtimes for halibut fishermen in Alaska. Over 80 million pounds of the flatfish were being harvested annually. Deckhands could earn $250,000 a season. The small boat harbor in the southcentral city of Homer, known as the “halibut capital of the world,” was bustling. Erik Velsko, 39, was one of those fishermen. He started buying annual shares in 2001 when the halibut population was at near historic highs. But within a few years, the stock plummeted by more than half and the quotas for commercial fishermen were slashed accordingly. Halibut wasn’t the only so-called directed fishery to experience such a catastrophic drop. The crab fleet — made famous in the reality show “Deadliest Catch” — has been mostly stuck in port for two years after the near total collapse of the snow crab population and the decades long decline of red king crab. Photos, >click to read< 11:42