Bering Sea and Aleutian Islands crab fisheries ii Executive Summary

In August of 2005, fishing in the Bering Sea and Aleutian Island crab fisheries began under a new sharebased management program (the “program ” or “rationalization program”). The program is unique in several ways, including the allocation of processing shares corresponding to a portion of the harves...

Full description

Bibliographic Details
Main Authors: Aleutian Isl, S King, Tanner Crabs
Other Authors: The Pennsylvania State University CiteSeerX Archives
Format: Text
Language:English
Published: 2011
Subjects:
Online Access:http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.220.6919
http://209.112.168.2/sustainablefisheries/amds/30/ktcamd30frfarir.pdf
Description
Summary:In August of 2005, fishing in the Bering Sea and Aleutian Island crab fisheries began under a new sharebased management program (the “program ” or “rationalization program”). The program is unique in several ways, including the allocation of processing shares corresponding to a portion of the harvest share pool. Under the program, 90 percent of the annual catcher vessel owner harvest share allocation is issued as “Class A ” individual fishing quota (IFQ), which must be delivered in a designated region and may only be delivered to a processor holding unused individual processing quota. The program also includes an arbitration system that may be used to resolve ex vessel price and other delivery term disputes for landings of harvests using Class A IFQ. In the first two years of the program certain technical aspects of the arbitration system have limited the effectiveness of that system. This action includes alternatives that would modify four aspects of the arbitration system to improve its effectiveness. Action to revise market reports and non-binding price formulas for fisheries unlikely to open Under the current regulations, arbitration organizations representing holders of harvest shares and processing shares are required to contract for market reports and non-binding price formulas annually for each fishery regardless of whether the fishery opens. In the first two years of the program, the St. Matthew Island blue king crab, Pribilof red and blue king crab, and the Western Aleutian Islands red king