NSEDC recently received percentage
allocations of a variety of CDQ species
including many types of groundfish, as well
as halibut and crab, which are valid
for the next three years (2003-2005). Annual
CDQs or specific harvest quotas are
determined each year as the National Marine
Fisheries Service (NMFS) establishes fishing
limits for the fisheries of the BSAI. The
harvest quotas include amounts of fish
harvested as target species (those intended
to be caught) and bycatch species (those
taken as incidental harvest) in directed or
target fishing operations. Some bycatch
species have market value and are processed
and sold, and others are discarded as waste
or are prohibited from being retained.
Annual CDQ and target fisheries for red king
crab in Norton Sound and halibut in IPHC
area 4D/E are predominantly reserved for
local fishermen in our region. Annual CDQ of
most other groundfish species and the
greater Bering Sea CDQ crab fisheries are
harvested and processed with a variety of
industry partners.
Over the years NSEDC has developed a number
of business relationships and harvesting
agreements with fishing companies (industry
partners) and vessels for harvesting and
processing annual CDQ. Most of these
partners have participated in the CDQ
program and have worked with NSEDC since the
various fisheries of the CDQ program
started, however some are newer. Some of
these industry partners are partially owned
by NSEDC. As a rule, NSEDC and harvesting
partners work cooperatively together and
share in revenues generated from the sale of
CDQ-related product through royalty
payments, profit sharing and/or ownership
interests, and gain additional employment
opportunities.
CDQ fisheries and related industry partners
are described in the following section.
d
for the next three years (2003-2005). Annual
CDQs or specific harvest quotas are
determined each year as the National Marine
Fisheries Service (NMFS) establishes fishing
limits for the fisheries of the BSAI. The
harvest quotas include amounts of fish
harvested as target species (those intended
to be caught) and bycatch species (those
taken as incidental harvest) in directed or
target fishing operations. Some bycatch
species have market value and are processed
and sold, and others are discarded as waste
or are prohibited from being retained.
