Tuesday, November 8, 2016

Another Southeast seine buyback?

Here's a federal notice indicating Southeast Alaska salmon seine permit holders soon will vote on whether to shoulder a $5.8 million loan to retire 22 permits from the fishery.

The voting period starts Dec. 13, the notice says.

In 2012, Southeast seiners approved a $13.1 million loan to remove 64 permits.

Currently, there are 315 permits in the fishery.

15 comments:

Anonymous said...

Oooohhh.......if only Bristol Bay fisherman could learn a lesson from these guys.

Anonymous said...

Did not the Court recently write some new English? When exactly did S.E. get a new Statehood Act thru Congress?

"The Lt. Governor declined to certify a proposed ballot initiative that would ban commercial set net fisheries in nonsubsistance areas, reasoning that the initiative was a constitutionally prohibited appropriation of public assets."

http://www.courtrecords.alaska.gov/webdocs/opinions/ops/sp-7073.pdf

Anonymous said...

To 2:19 PM, A far better solution for Bristol Bay would be to allow one individual to own and fish two permits. Those that choose not to participate are not forced to. This would reduce effort without forcing those opting out to pay.

Anonymous said...

Don't do anything, as the processors move infrastructure out of the bay it will take a big chunk of the low quality BB fish off of the market. The rest of the state will continue to focus on quality and value added.

Anonymous said...

But 2:19, the Bay has the required CFEC optimum number study, S.E. Seine don't. Ever go round hauling in the Alaska Supreme Court, many seiners have. Always discussing the D permit, for democrats inbreeding.

Equal Protection, a sentence in William H. Sewards 14th Amendment, has always confused Bobbyt's Criminal Fisheries Entry Commission.

"We noted that the cooperative regulation may interfere with the ability of the Commercial Fisheries Entry
Commission (CFEC) to determine the optimum number of permits because the regulation destroys any relation between the numberof permits issued per fishery and the ultimate number of participating vessels and units of gear.36 And we criticized the corporate-like nature of the cooperative regime: the cooperative regulation . . . transforms the limited entry permit from what used to be a personal gear license into a mere ownership share in a cooperative organization." D. The Chignik Cooperative Fishery Scheme Permitted by Former 5 AAC 15.358 Impermissibly Allocated Within a Single Fishery... We note that the boards allocation of the harvestable salmon between the cooperative and the open fishers was potentially arbitrary and capricious. Allowing some, but not all, Chignik salmon purse seine permit holders to operate different types and amounts of fishing equipment potentially
raises questions of efficiency, arbitrary decision making, and equal protection.

Anonymous said...

A buyback does NO good unless ADF&G opens up area to fish. The buyback of 22 permits would bring the fleet number down to about what fished this past season.
The NORTH end was pretty much shut down. The SOUTH end, well, you saw the numbers. There was no FISH, not much of a price and VERY LITTLE area to spread the fleet out. Is a permit buyback going to fix this?
When will we realize that we are taking on considerable debt to our fleet with no real solution?
This is a MANAGEMENT problem! The Feds and the State have the issue NOT the fleet. They issued to many permits to begin with and to this day can not tell you what the "optimum" number is. Our "sustainable" management is being questioned. Meanwhile the SE seine fleet is allowing themselves to be led like sheep to the slaughter by paying for hatcheries that don't produce, taking on buyback debt while just trying to cover expenses and maybe provide a small sum to your crew and your household if you are lucky. All the while you have a 3% aquaculture tax on EVERY salmon you catch. Here is the kicker, you pay but who in SE produces pinks? Anyone?
SE Seiners are paying for their own demise.

Anonymous said...

S. E. and P.W.S. humpies, the other farmed meat.
Time to end the State subsidized salmon farming projects.

Anonymous said...

What some of commentators don't get is that you have a buy back during the lean years to avoid an influx of participation in the good years.

An alternative to a buy back would be to allow multiple permits to be stacked, and then make ALL the permit holders pay the yearly cost of aquaculture. If someone is sitting on a permit their would a cost associate with it, and people would be inclined to sell.

The argument could be made that the buildup of hatcheries has increased the value of the fishery and in turn increased the value of permits. Why should someone who hasn't paid for the hatcheries enter the fishery late and reap the benefits?

Jim Kyle said...

7:15 During Southeast Alaska seasons 2005 thru 2009 the hatchery-origin share of the pink salmon harvest was 2%. One out of 50 fish. No pink salmon hatcheries have come on line since.

Anonymous said...

Who is going to be able to succeed the aging owner operator fishing today? The last SE seine permit sold for 160k after this low average season. The remaining permits on the market hang at 260k, (1/22 0f the next buyback loan amount) these hold outs have already wanted to retire. They have no options to sell their permits on the market, and a buy back is the only way to get out, and the can do it on the backs of the guys who continue to fish. Leasing permits is supposed to be illegal, but its not enforced. Removing a second round of permits will only further exclude young fisherman and force them to illegally lease permits, and garnish the retirement packages of those who don't care about the fishery. Fishing permit values should be determined by the fisheries gross stock potential, not their buy back potential.

Anonymous said...

Can't you jerks just leave things alone, let the open market work itself out with supply and demand. This is the problem we have when a few try to game the system satisfying greed. Go catch your own fish and stop trying to make up poor seasons by eliminating others.

Anonymous said...

You are selling out your political clout (what there is left of it) by eliminating more of your comrades from the game. We started out with 459 permit holders in 1974 and have dwindled it down to the existing 315 or so. Eliminate 22 more permits and make it that much harder and unreachable for young guys to pursue there ambitions as we did. For once, think about the WE instead of the ME. Don't sell your industry down the river with the rest of the political scum that would love to have you all off there back and in bed with the aquaculture industry. You have to be blind, uninformed, or just plain stupid to see whats happened to our Canadian neighbors. The lies and BS that is circulated to the general public about salmon farms and its impact on mother nature is criminal. We need more fisherman and crew to fight this cancer, not corporate SOB's that will eventually be in control and destroy your industry. WE are all in this together ,not just permit holders. Crew, boats and every person that makes it possible for us to do what we do. Where not talking about 22 permits . were talking about a few thousand jobs and there interest in getting behind what is right for the whole industry. Think what kind of marketing campaign you could have launched with what will now be in the neighbor hood of 20 million dollars. Put the selfless greed crap in the dump and stand up for your next generations future. The aquaculture industry is just waiting for the fisherman to keep choking each other out of business until there is not enough solders to put up a fight , then you can all get packing jobs year round for farms with those new 200,000 + pound packers. Save Alaska wild salmon and all it stands for . For the past ,present and future generations. Don't let a few, dictate what happens to what was was entrusted to from you Fathers, Grand fathers or mentors .Give thanks for the gifts you have been given. THINK ABOUT IT!!

Anonymous said...

22 Fewer permits, means 22 retiring boat owners that need to sell their boat. You might make 100k over the market price on your permit, but your boat will take an even more significant price reduction because its in immediate competition to be sold with all the other boats that sold their permits and have no fishery to engage in. If a new entrant can't obtain a license to fish how will he get a boat?

Anonymous said...

http://nypost.com/2016/11/27/how-the-privatization-of-our-oceans-is-sinking-fishermen/

Todays top story!!

Is this story going to lead to permit banking in the state of Alaska?
Is this going open doors to the younger generation who might want to participate in a livelihood of commercial fishing?
Did someone say that Bristol bay should learn a lesson from a buyback! Bristol Bay learned a long time ago about "WE"! When the fishermen of Bristol bay stood together and they let the fish swim in "60's,70's for a price. That same price that we are receiving today. Those fishermen are no longer there
Inflation ,over capitalization and flat price for our salmon that "WE" see in our Salmon business today. The I need to catch more , the hatchery needs to produce more.it only works so long.
S.E. Alaska didn't produce bumper crop, supply is low and carry over is selling, Russia people have to eat also. so where that price at? owe your soul to the company store? Didn't salt any away for the rainy day fund.
Whether it's permit stacking , permit buybacks , owning two permits to participate in the fishery at the same time on one vessel. One question was, do what with the latent F/V? This all bring more investment capital into our personal business. Which incurs a higher sell out price to a new comer wanting in. With the same price for our salmon that those old timers were receiving when we all jump in with smiles, at a much lower cost in the 70's, 80's.
There are a bunch of gray hair , broken down participant in these Alaskan fisheries, passing the buck in a buy out isn't the answer ,value has to grow for our salmon. The future is in the youth of this country.

Anonymous said...

AMEN 1:54