NOAA Snapshot Charts Alaska Seafood Industry Losses, Points to Reasons
Higher operating costs and changing consumer habits are among factors blamed for a $1.8 billion loss between 2022 and 2023, with a 50 percent decline in profitability since 2021.
Tag: Seafood
Cruise Ship Operators Shore Up Communities
Cruise ship operators are investing in Alaska’s year-round economy by boosting internet service in Juneau and making Alaska seafood purchases a focus.
Copper River Seafoods Named 2023 Alaska Manufacturer of the Year
Copper River Seafoods is the Manufacturer of the Year for 2023, an award presented by the Made in Alaska program within the Department of Commerce, Community, and Economic Development.
US Department of Commerce Invests $3.1M to Bolster Kenai Peninsula Mariculture Workforce
Chugach Regional Resources Commission gets $3.1 million in federal funds to create jobs in the marine research and mariculture fields.
Alaska Seafood Marketing Institute Gets More Than $5M to Boost Seafood Sales
Funds from three federal sources help Alaska Seafood Marketing Institute develop a pet food brand and improve overseas market potential, among other projects.
Rough Seas Ahead for Seafood Processing
Disruptions in the global seafood market ripple into Alaska, as three major processors close or sell their shoreside facilities.
Economic Value Reports Highlights Seafood Industry’s Impact in Alaska
The 2024 update of The Economic Value of Alaska’s Seafood Industry report acknowledges market struggles in 2022 and 2023.
New Executive Director for Bristol Bay Regional Seafood Development Association
Bristol Bay Regional Seafood Development Association has a new Executive Director. The board promoted its head of marketing, Lilani Dunn.
USDA Releases Bids to Purchase Alaska Seafood
The US Department of Agriculture is purchasing more than 1.7 million cases of canned salmon and 15 million pounds of Alaska pollock for its nutrition programs.
Tlingit & Haida Acquires Alaska Seafood Company
Alaska Seafood Company—a retail and wholesale provider of salmon, halibut, black cod, and caviar since 1987—has been purchased by the Central Council of the Tlingit & Haida Indian Tribes of Alaska.