Tag Archives: quota reduction
Fisheries Work Group reacts to cod decline and quota reduction
The Gulf of Alaska is seeing a Pacific cod decline just a year after a disastrous pink salmon season, and it has Kodiak representatives looking at the next steps for the community. The North Pacific Fishery Management Council recently decided to reduce the Gulf of Alaska cod quota by 80 percent to compensate for the almost 70 percent decline. The feeling around the table at the Kodiak Fisheries Work Group meeting Wednesday night was that this could be another fishery disaster, as with the pink season in 2016, which earned a federal disaster designation. click here to read the story 12:07
Qikiqtaaluk Corp. may lose $2M as a result of cuts to shrimp quota in Nova Scotia
Qikiqtaaluk Corporation, which had one of its vessels damaged earlier this year from striking ice, is now concerned reductions to the Northern shrimp quota for offshore trawlers in Nova Scotia will hurt its bottom line even more. The quota reduction mainly affects companies in Nova Scotia. However, Qikiqtaaluk, the biggest fishing company in Nunavut, also fishes those waters during the winter months. “Having this other announcement is another blow,” said Harry Flaherty, president and CEO of Qikiqtaaluk Corporation. Qikiqtaaluk lost approximately $4 million when the F/V Saputi struck ice in February. It had to be shipped to Poland for repairs and the company also lost months of valuable fishing time, said Flaherty. Now, the Fisheries and Oceans Canada announcement on quote reductions means Qikiqtaaluk may lose an additional $2 million in shrimp stock, said Flaherty. Read the rest here 09:59
