Dire condition of Alaska’s seafood industry has many causes and no easy fixes, experts say

Economy News

Dire condition of Alaska’s seafood industry has many causes and no easy fixes, experts say
FisheriesAlaska Department Of Labor And Workforce DevelopmeAlaska Seafood Industry
  • 📰 KTOOpubmedia
  • ⏱ Reading Time:
  • 71 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 53%

A legislative task force is considering many responses to rescue the industry and communities that depend on it.

Low clouds hang over Kodiak’s St. Paul Harbor on Oct. 3, 2022. Kodiak is a hub for commercial fishing, an industry with an economic impact in Alaska of $6 billion a year in 2021 and 2022, according to a new report commissioned by the Alaska Seafood Marketing Institute.

“I think this next session is an opportunity for us to really take that sort of hard look at the industry — where it is today where it could be tomorrow, where it may not be if we don’t take action,” Edgmon said on Thursday, the second of two days of hearings held last week in Anchorage by the Joint Legislative Task Force Evaluating Alaska’s Seafood Industry.

“This hurts me to even say,” Bundrant told the conference audience. “When the fish swims across the dateline, it’s harvested, it’s sold around the world as Alaska pollock. That is the species’ name. So even though we can put together a great marketing campaign in South America, we put together a great marketing campaign in Germany or Japan, the Russians come in and say, ‘Well, we have Alaska pollock too. It’s just cheaper.

“We’re seeing increased fish farming worldwide,” Vincent-Lang said. “That’s having an impact on our wild salmon and our ability to sell those wild fish.” “I think it’ll be added back into the budget this coming session,” Stevens said during the second day of last week’s hearing. “We realize how important it is, that marketing is an important issue.”’

“Our expected outcomes are really to increase efficiencies across the board, to streamline operations, to reduce waste and to ultimately be able to achieve higher yields and profitability for harvesters and processors,” she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KTOOpubmedia /  🏆 439. in US

Fisheries Alaska Department Of Labor And Workforce Developme Alaska Seafood Industry Community Development Quota Fishing Industry National Oceanic And Atmospheric Administration

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oakland City Council hears report on dire state of municipal budgetOakland City Council hears report on dire state of municipal budgetThe city of Oakland is facing millions of dollars in potential service cuts as part of its ongoing structural budget deficit, according to a report presented to the city council on Tuesday.
Read more »

Kamala Harris Issues Dire Warning About TrumpKamala Harris Issues Dire Warning About TrumpShe called his seeming flattery of Hitler “deeply troubling.”
Read more »

Trump Slams ‘Total Degenerate’ John Kelly, Who Issued Dire Warnings About Second TermTrump Slams ‘Total Degenerate’ John Kelly, Who Issued Dire Warnings About Second TermNick Visser is a senior reporter on HuffPost’s breaking news team, covering the environment, U.S. politics and world news. Originally based in New York, he now lives in Sydney.
Read more »

N.J. school district broke rules by keeping quiet about dire budget problems, state saysN.J. school district broke rules by keeping quiet about dire budget problems, state saysThe school district recently cut 93 positions, saying it would not be able to meet its payroll.
Read more »

While investors are focused on big tech earnings, a homebuilder gives a dire warningWhile investors are focused on big tech earnings, a homebuilder gives a dire warningD.R. Horton reports earnings miss, says interest rate volatility is keeping some homebuyers on the sidelines.
Read more »

UN warns of dire Middle East situation as Israel escalates its war on GazaUN warns of dire Middle East situation as Israel escalates its war on GazaAmid rising violence in Gaza, the UN warns of a critical escalation in the Middle East, urging for de-escalation and increased humanitarian access to support civilians.
Read more »



Render Time: 2025-02-12 04:39:54