For the APICDA, the original CDQ species was pollock and the amount allocated to the program was 7.5% of the total allowable catch. Over the years the program has expanded to include all groundfish, crab and halibut fisheries in the Bering Sea/Aleutian Islands. The allocation percentage is now 10% for pollock and crab, 7.5% for the remaining groundfish species, and varying percentages for halibut depending upon the area.
CDQ groups typically lease their CDQ allocations to other companies to harvest and process their allocation. In 1992, when the CDQ groups had virtually no assets, 100% of the CDQ allocations were leased to companies that had no CDQ ownership. Over the years the six groups have acquired ownership throughout the industry and now in excess of 60% of CDQ allocations are harvested and processed by companies of which the CDQ groups own all or part.
From their year end publication:
From their year end publication:
APICDA owns 100% of APICDA Vessels, Inc and Atka Pride Seafoods is owned 50% by APICDA and 50% by the Atka Fishermen’s Association. Harvesting our CDQ with our vessels and processing our CDQ in our plants in our communities has always been a goal of APICDA.
Bristol Bay Red King Crab: APICDA will have constructed a shoreside processing plant in False Pass (Bering Pacific Seafoods) by the conclusion of 2005. The plant will have the capability to process crab. BPS did not qualify for individual processor quota shares (IPQs). As a result, the only crab that BPS will be able to purchase are category B shares. The red king crab CDQ allocation will be an important part of Bering Pacific Seafoods operations, and an important economic contributor to False Pass and its residents.
Commencing with 2006, we intend that 100% of our red king crab CDQ allocation will be harvested by vessels owned in whole or part by APICDA and delivered for processing to the new Bering Pacific Seafoods shoreside processing facility in False Pass.
APICDA owns 100% of Bering Pacific Seafoods and owns or will own a portion of the vessel(s) harvesting our red king crab CDQ. Harvesting our CDQ with our vessels and processing our CDQ in our plants in our communities has always been a goal of APICDA.
Opilio Tanner Crab: APICDA will have constructed a shoreside processing plant in St. George by the conclusion of 2005. The plant will have the capability to process crab. The economy of St. George is virtually at a standstill following the collapse of the opilio crab fishery. The only real hope to establish a viable economy for the community is through a shoreside processing facility. The opilio crab CDQ allocation will be an important part of the new facility’s operations, and an important economic contributor to St. George and its residents.
Commencing with 2006, we intend that 100% of our opilio crab will be harvested by vessels owned in whole or part by APICDA and delivered for processing to the new shore side processing facility in St. George.
Stay tuned...you will be stunned when you learn about all of the things this group owns and the amount of control they have over everything from the price of fish to where they are delivered!
Bristol Bay Red King Crab: APICDA will have constructed a shoreside processing plant in False Pass (Bering Pacific Seafoods) by the conclusion of 2005. The plant will have the capability to process crab. BPS did not qualify for individual processor quota shares (IPQs). As a result, the only crab that BPS will be able to purchase are category B shares. The red king crab CDQ allocation will be an important part of Bering Pacific Seafoods operations, and an important economic contributor to False Pass and its residents.
Commencing with 2006, we intend that 100% of our red king crab CDQ allocation will be harvested by vessels owned in whole or part by APICDA and delivered for processing to the new Bering Pacific Seafoods shoreside processing facility in False Pass.
APICDA owns 100% of Bering Pacific Seafoods and owns or will own a portion of the vessel(s) harvesting our red king crab CDQ. Harvesting our CDQ with our vessels and processing our CDQ in our plants in our communities has always been a goal of APICDA.
Opilio Tanner Crab: APICDA will have constructed a shoreside processing plant in St. George by the conclusion of 2005. The plant will have the capability to process crab. The economy of St. George is virtually at a standstill following the collapse of the opilio crab fishery. The only real hope to establish a viable economy for the community is through a shoreside processing facility. The opilio crab CDQ allocation will be an important part of the new facility’s operations, and an important economic contributor to St. George and its residents.
Commencing with 2006, we intend that 100% of our opilio crab will be harvested by vessels owned in whole or part by APICDA and delivered for processing to the new shore side processing facility in St. George.
Stay tuned...you will be stunned when you learn about all of the things this group owns and the amount of control they have over everything from the price of fish to where they are delivered!
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