Permits & State Fisheries

January 26, 2024

Recent permit sales include Bristol Bay drift at $133,000, on par with recent sales, Area M setnet at $31,000, Alaska power troll at $19,500, and Cook Inlet setnet at $12,000. We have quite a few new offers, including $132,000 for Bristol Bay drift, $48,000 for Bristol Bay setnet. In the charter world, we have offers of $180,000 for 2C 6-angler and $240,000 for an 8-angler, as well as an offer of $5,000 for a 3A 4-angler lease.

The Kodiak Tanner season wrapped up on Monday, with around 135 boats harvesting roughly 3.5 million pounds of Tanners in seven days. The GHL was down by about half from last year, and most processors paid just slightly more than last year at $3.50-$3.70 per pound.

The Board of Fish met in Kodiak earlier this month. Here's the summary if you missed it. Of note, the Board rejected a proposal for a new state-waters sablefish fishery, a proposal to give setnetters a 48-hour head start, a proposal to allow permit stacking in the setnet fishery, a proposal to prohibit spotter planes, and a proposal to allow longline pots in the Kodiak state-waters Pacific cod fishery. The Board approved increased seine length and Central District setnet length. 

The Board of Fish meets on Upper Cook Inlet finfish next, in Anchorage February 23 - March 5. In addition to the 186 proposals, the Board will consider an action plan for Chinook management with options ranging in severity from maintaining status quo to closing gillnet fisheries (full stock report and action plan here). If you fish Cook Inlet, this meeting affects you and your fishing business (i.e. your bank account). Written comments are due February 8 and there will be opportunity for public comment at the meeting. Make sure your voice is heard!