Showing posts with label NSEDC. Show all posts
Showing posts with label NSEDC. Show all posts

Tuesday, February 1, 2022

Icicle sell-off

Today brings word of a big and complex business deal.

As best we can tell, Icicle Seafoods is selling the Dutch Harbor processing ship Northern Victor, nine fishing vessels, and associated Bering Sea pollock quota.

The buyers include Japanese seafood giant Maruha Nichiro and two Alaska community development quota companies — Coastal Villages Region Fund and Norton Sound Economic Development Corp.

More details in this press release.

Wednesday, October 27, 2021

A big CDQ deal

Norton Sound Economic Development Corp., one of the state's community development quota companies, is acquiring a controlling interest in Bering Sea trawl operator Glacier Fish Co.

Monday, January 19, 2015

Personnel file

We've had a number of hirings, board changes and the like to begin the new year. Here's a quick rundown.

Cora Campbell, the former Alaska fish and game commissioner, has taken a job with Norton Sound Economic Development Corp.

Charles O. Swanton has been named deputy commissioner of the Department of Fish and Game. Swanton, who previously was director of the Division of Sport Fish, also has been nominated to the Pacific Salmon Commission.

The Marine Stewardship Council has appointed Brian Perkins as regional director for the Americas.

The Bristol Bay Regional Seafood Development Association has added Lange Solberg to its board of directors.

Megan O'Neil is the new executive director for the Petersburg Vessel Owners Association.

Deckboss also hears that Ephraim Froehlich is the new fisheries aide to U.S. Sen. Lisa Murkowski, R-Alaska. He replaces Jay Sterne.

Friday, June 17, 2011

Norton Sound king crabbers to see big price jump

This just in from Norton Sound Economic Development Corp., one of the state's six Community Development Quota companies.

June 17, 2011

Norton Sound red king crab prices climb by more than $1.50

NOME — Norton Sound Economic Development Corp. announces its Norton Sound Seafood Products division will pay fishermen $5.29 per pound in 2011 for Norton Sound red king crab at the dock in Nome.

Last year the crab price was set at $3.77 at the dock.

The CDQ crab fishery is set to open on June 28. Once the first deliveries can be checked for quality and meat-fill, NSSP will immediately proceed with accepting deliveries from the open-access fishery.

NSSP is working on plans to continue its offering of tendering services from the Golovin area and in the southern portion of Norton Sound. Tendered crab will fetch a price of $5.04 to fishermen.

"Aided by the strong demand worldwide for crab, Norton Sound Seafood Products is pleased to offer a more than 40 percent increase in the price paid to fishermen over last year," said Rich Ferry, an NSSP manager. "We are proud to support our resident fishermen. With such strong prices this year, we anticipate a great season."

Monday, May 9, 2011

Plans finalized for Norton Sound herring fishery

Norton Sound Economic Development Corp. and Icicle Seafoods Inc. have put together a deal to support a sac roe herring fishery in Norton Sound.

"Icicle Seafoods will bring a processing vessel to Norton Sound to purchase herring from resident fishermen," says an NSEDC press release issued today. "Icicle will also bring four tender vessels to the region to facilitate the fast-paced fishery.

"The Norton Sound fishery generally opens three weeks after the Togiak opener farther south. Current estimates would put this year's Norton Sound opener, which is always subject to change, at the end of May.

"The harvest target for 2011 is set at 1,000 tons. Fishermen will be paid on a sliding scale according to the percentage of roe recovery."

The herring will pay between $190 and $350 a ton, depending on roe content, with herring for bait paying $50 a ton, the press release says.

Last year's sac roe herring fishery, the first held since 2006, attracted nearly 30 boats.

NSEDC is a nonprofit established under the federal Community Development Quota program. It represents 15 communities including Nome and outlying villages.

Tuesday, February 1, 2011

CDQ partnership buys up Wards Cove assets

Two of Alaska's Community Development Quota companies have put together a deal to buy remnants of Wards Cove, once a fishing and processing powerhouse in Alaska.

The deal includes seven trawl vessels, which evidently command nearly 4 percent of the Bering Sea pollock quota, according to a press release issued today.

One crab vessel also is included.

Alas, the press release fails to say whether Wards Cove is selling its interest in Alyeska Seafoods, the smallest of the three pollock surimi plants at Dutch Harbor. Wards Cove owns the plant jointly with Japanese seafood giant Maruha Nichiro.

Naturally, the sale price was not disclosed.

The two CDQ companies partnering on the Wards Cove purchase are Coastal Villages Region Fund and Norton Sound Economic Development Corp. Both are based in Anchorage and invest in Bering Sea fisheries under a federal program to promote economic development for Western Alaska villages.

Wards Cove, you might know, is an old name in the Alaska fishing industry. The Brindle family founded the company in 1928.

Once a major Alaska salmon processor, Wards Cove fell on hard times and closed its salmon plants in 2002.

But the firm kept its Bering Sea groundfish and crab assets — until now, apparently.

"We have confidence that our legacy is in sound Alaskan hands," Alec Brindle Jr., Wards Cove president, said in the press release announcing the sale.