Snow crab comeback!

After a two-year closure, the Bering Sea snow crab fishery will reopen at noon Oct. 15 with a modest quota of 4.72 million pounds, the Alaska Department of Fish and Game announced Friday.

The department also announced a quota of 2.31 million pounds for the Bristol Bay red king crab fishery, which likewise will open Oct. 15. That's a slight increase from last season's 2.15 million pounds.

And the Bering Sea bairdi Tanner crab season will open Oct. 15 with a quota of 1.77 million pounds, down from last season's 2.08 million pounds.

Potential victory for the troll fishery

The federal government has released documents that could put an end to the Wild Fish Conservancy's lawsuit challenging the Southeast Alaska salmon troll fishery.

Here's an Alaska Department of Fish and Game press release that explains further.

Whither Peter Pan?

Tomorrow, we may learn the ultimate fate of Peter Pan, the legacy Alaska seafood processor that halted operations earlier this year.

Contenders including Rodger May and Silver Bay Seafoods are vying for what remains of the company.

May is a Seattle-area entrepreneur who's been involved in everything from seafood to movies. He became the lead owner of Peter Pan in early 2021, when he and other investors acquired the distressed company from Japanese seafood titan Maruha Nichiro.

In April, Wells Fargo Bank petitioned for appointment of a receiver for Peter Pan.

Since then, the court-appointed receiver has moved to sell off Peter Pan's assets.

May's bid for the company's remaining assets has been deemed the top offer, valued at about $37.3 million.

Wells Fargo likes the offer, but several other parties have filed objections.

A hearing on approval of the sale of assets is set for tomorrow in King County Superior Court in Seattle.

Foreign coast guard vessels reported in Bering

Here's a press release from the U.S. Coast Guard.