Alaska

Published on: February 17, 2025

King Crab Fishery in Southeast Alaska Approved

In a significant policy shift, the Alaska Board of Fisheries has approved a proposal to permit a limited commercial harvest of red king crabs in Southeast Alaska. This decision, approved during the board’s Southeast and Yakutat Finfish and Shellfish meeting in Ketchikan from January 28 to February 9, 2025, changes previous regulations that required an estimated biomass of legal male red king crabs to exceed 200,000 pounds before opening a commercial fishery. This threshold had resulted in only three commercial red king crab seasons in the region over the past two decades.

The Alaska Department of Fish and Game (ADF&G) and commercial fishers agreed that the 200,000-pound requirement was based on outdated market conditions, which suggested that processors needed this volume to operate profitably. Nels Evens, Executive Director of the Petersburg Vessel Owner’s Association, emphasized that this threshold was not biologically necessary but was established due to past market demands.

The newly approved proposal allows regulators to open a small-scale commercial fishery even when the biomass is below the previous threshold. This change will provide economic opportunities for local crabbers while maintaining sustainable management of the red king crab population. Specific details regarding harvest limits and management will be determined by ADF&G as well as stakeholders.

Published on: February 17, 2025

Alaska Salmon Forecast 2025

by Nigel Stacey

The Alaska Department of Fish and Game (ADF&G) has released its 2025 salmon run forecast for the Prince William Sound (PWS) and Copper River regions. The projections provide key insights into Chinook, sockeye, pink, and chum salmon returns, which will influence early-season management strategies.

Copper River Chinook Salmon

The 2025 forecast anticipates a total run of approximately 36,000 wild Chinook salmon in the Copper River, with a prediction range between 25,000 and 51,000 fish. This is 25% below the recent 10-year average of 48,000, classifying the run as “Weak.” Given the sustainable escapement goal (SEG) of 21,000 to 31,000 fish, ADF&G plans to enforce conservative management to support stock sustainability.

Published on: February 17, 2025

Investment in Peter Pan Seafood Ends in Financial Loss and Economic Struggles

by Nigel Stacey

Alaska’s Permanent Fund trustees invested over $29 million in Peter Pan Seafood, a seafood processing company in King Cove, Alaska, as part of an effort to support local businesses. However, the company shut down, leading to financial losses for the state and economic hardship for the community.

The Permanent Fund, valued at approximately $80 billion, is a crucial part of Alaska’s economy. It provides annual dividends to residents and helps fund public services. Traditionally, the fund has focused on investments in global markets, but in recent years, state leaders have pushed to use the fund to support Alaska-based businesses. Peter Pan Seafood became one of the major investments under this new strategy.

Peter Pan Seafood had a long history in King Cove, where its seafood processing plant was a primary source of employment. However, in recent years, the company faced increasing financial difficulties due to aging infrastructure, rising operational costs, and shifting seafood markets. In 2021, McKinley Capital Management, an Anchorage-based firm, helped arrange the acquisition of Peter Pan Seafood using funds from the Alaska Permanent Fund. With limited experience in private equity and corporate restructuring, this raises concerns about whether the investment was properly vetted.

Published on: February 11, 2025

Remains of 10 Victims Recovered from Alaska Plane Crash Wreckage

by Nigel Stacey

A single-engine turboprop Cessna Caravan, operated by Bering Air, was en route from Unalakleet to Nome on Thursday February 6th, 2025, when it vanished from radar. It was a regularly scheduled commuter flight. The aircraft went missing about 30 miles southeast of Nome, with contact lost less than an hour after departure.

The aircraft “experienced some kind of event which caused them to experience a rapid loss in elevation and a rapid loss in speed” said U.S. Coast Guard Lt. Commander Benjamin McIntyre-Coble in a statement.

Search efforts intensified on Friday, with rescuers locating the wreckage after an extensive operation involving local, state, and federal agencies. The plane was found by helicopter, and crews began racing to recover the wreckage and the remains of the victims on Saturday, braving anticipated snow and high winds.

Published on: February 4, 2025

Joint Legislative Task Force Evaluates Alaska’s Seafood Industry

by Joseph Stacey

In response to mounting economic challenges within Alaska’s seafood sector, the Joint Legislative Task Force Evaluating Alaska’s Seafood Industry has released a preliminary report. The report identifies critical issues affecting the industry and proposes policy recommendations to address them.

Key Challenges Identified

The task force report highlights several pressing challenges:

Published on: January 28, 2025

78-Foot F/V Northern Endurance Runs Aground Near Unalaska

by Nigel Stacey

On Thursday, January 23, 2025, the 78-foot F/V NORTHERN ENDURANCE ran aground near Little Priest Rock, approximately three miles from Unalaska.

The City of Unalaska Fire Department initially arrived on the scene, then relinquished control of the situation to U.S. Coast Guard’s Marine Safety Unit. A representative from the Fire Department confirmed that the vessel’s captain had assured authorities that all crew members were unharmed, and there were no immediate environmental hazards to report.

The following morning, Resolve Marine, a local salvage operation, was successful in freeing the F/V NORTHERN ENDURANCE, according to Lt. Lawrence Schalles, who heads the U.S. Coast Guard’s Marine Safety Unit in Unalaska. The vessel has been secured near Unalaska’s spit for a thorough inspection.

Published on: January 21, 2025

Fishing Vessel Tanusha Capsizes Near Kodiak

by Nigel Stacey

Watchstanders at the 17th Coast Guard District Command Center received a distress alert from the fishing vessel emergency position indicating radio beacon (EPIRB) at 9:48 a.m. on Wednesday, January 15^th from the F/V TANUSHA near Kodiak.

A helicopter aircrew was launched from U.S. Coast Guard Air Station Kodiak and requested assistance from the Alaska State Troopers. The watchstanders also made attempts to contact vessels near the location of the distress signal via radio, but the two crewmembers abandoned ship after the F/V TANUSHA began taking on water approximately 23 miles southeast of Kodiak.

Crewmembers aboard the F/V VICTORY received the request for assistance and navigated toward the last known location of the distressed vessel and found the two fishermen in a life raft. The F/V TANUSHA had capsized.

Published on: January 7, 2025

Defending Alaska’s Trawl Fleet

by Joseph Stacey

Alaska’s trawl fisheries report they are facing critiques from groups that some industry leaders call “radical organizations funded by out-of-state interests.” Often focused on environmental concerns and fishing methods, these groups have sparked a heated debate about the future of Alaska’s most productive fisheries.

Trawling, a method used by most fishery landings in Alaska and across the United States, plays a critical role in Alaska’s coastal communities and the seafood industry. Yet, some activist groups are seeking to ban trawling, threatening not only the livelihoods of thousands but also the availability of wild, healthful, sustainable seafood enjoyed across the country.

A recent article published in the Alaska Beacon offers a defense of the trawl industry. The editorial was written by four seasoned Alaskan fishermen with decades of experience. Sam Wright, a 30-year veteran of Bering Sea and Gulf of Alaska fisheries; Dan Carney, a farmer, homesteader, and 43-year Bering Sea survivor; Jason Chandler, a lifelong Kodiak resident; and Kiley Thomson, a 32-year resident of Sand Point, united to address misconceptions and misinformation surrounding Alaska’s fisheries.

Published on: December 17, 2024

Peter Pan Seafood Pays $750,000 EPA Fine Settlement

by Nigel Stacey

The U.S. Environmental Protection Agency (EPA) has announced that PSF, Inc., formerly known as Peter Pan Seafood, has paid a $750,000 penalty for violating state and federal Clean Water Act permit requirements. These violations relate to seafood processing waste discharge limits designed to protect the marine environment.

The violations occurred at two seafood processing facilities located in Valdez and King Cove, Alaska. At the Valdez facility, PSF and Peter Pan Seafood discharged seafood waste beyond the permitted one-acre “zone of deposit”—an area where seafood processors are allowed to accumulate waste under specific conditions. Instead, a significantly larger seafood waste pile formed on the seafloor, impacting the local marine ecosystem. The Valdez facility is now owned and operated by Silver Bay Seafoods.

At the King Cove facility, PSF and Peter Pan Seafood discharged waste from a broken outfall system and at an incorrect depth, among other permit violations. These issues highlight the importance of maintaining infrastructure and adhering to established environmental regulations.

Published on: December 3, 2024

Alaska Salmon Fishery 2024 Reports Sharp Declines in Catch and Value

by Joseph Stacey

Alaska’s commercial salmon fishery experienced significant setbacks in 2024, with double-digit declines in both catch numbers and market value. According to preliminary figures released by the Alaska Department of Fish and Game (ADF&G), just over 101 million salmon were harvested across the state. This represents a 56% decrease compared to the more than 232 million salmon caught in 2023, marking one of the most dramatic year-over-year declines in recent history.

The decline in harvest volumes has been accompanied by a sharp drop in the fishery’s overall value. Fishermen collectively earned $304 million in 2024, down nearly 24% from the $398 million recorded in 2023. These figures underscore the economic challenges faced by Alaska’s fishing communities, many of which are heavily reliant on the health of the state’s salmon industry.

“Market conditions significantly impacted the pricing of salmon statewide and, consequently, the value of the harvest,” ADF&G noted in its summary.