Six seafood companies get new fish and crab harvest shares

Posted: Wednesday, September 11, 2002

ANCHORAGE (AP) -- Six seafood companies that represent Western Alaska villages have been issued new Bering Sea fish and crab harvest shares that are similar to existing allocations.

Pending federal approval, the shares will be valid beginning next year through 2005.

Under the state's Community Development Quota program, about 10 percent of the Bering Sea's commercially harvested fish and crab is reserved for Western Alaska villages. Companies representing groups of villages periodically compete for a share of that 10 percent.

Pollock is overwhelmingly the most valuable catch for these companies, which harvest the fish to provide jobs and other benefits for villagers.

In recent years, CDQ pollock has exceeded 300 million pounds and been worth more than $40 million.

A state CDQ oversight panel on Monday made the following pollock recommendations:

--Coastal Villages Region Fund -- 24 percent, no change from 2001-02.

--Norton Sound Economic Development Corp. -- 22 percent, down from 23 percent.

--Bristol Bay Economic Development Corp. -- 21 percent, no change.

--Aleutian Pribilof Island Community Development Association -- 14 percent of the pollock, no change.

--Yukon Delta Fisheries Development Association -- 14 percent, no change.

--Central Bering Sea Fishermen's Association -- 5 percent, up from 4 percent.

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