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#09-10-2013 - ComFish News Roundup

Strong pink salmon run a boon for Bellingham Cold Storage

Published: September 9, 2013
BELLINGHAM - This year's pink salmon run is looking good, both locally and regionally. Business is going strong at Bellingham Cold Storage, which helps process, pack and ship salmon throughout the season. "I'm not sure exactly how it stacks up compared to previous years yet, but there's a substantial amount of fish out there," said Doug Thomas.....

Unalaska Fisheries Committee Rejects Limits on Pacific Cod
By Ben Matheson
Monday, September 09 2013
Unalaska doesn't want to close the door on new Pacific cod fisheries. The town’s Fish and Game Advisory Committee met Saturday. They voted 5-2 to reject a proposed moratorium on new Pacific cod fisheries in state waters until the state comes up with a new long-term management plan for the resource. The moratorium would also prevent the state from expanding current Pacific cod fisheries for the time being. Managing Pacific cod is complicated -- especially since the federal government put restrictions on the Pacific cod fishery to protect an....

Rating Action: Moody's downgrades American Seafood Group's CFR to B3 from B2
Global Credit Research - 28 Aug 2013
Outlook stable
New York, August 28, 2013 -- Moody's Investors Service today downgraded the Corporate Family Rating for American Seafoods Group LLC (ASG) to B3 from B2, as well as its Probability of Default Rating to B3-PD from B2-PD. As a result, the company's senior subordinated notes due 2016 are downgraded to Caa1 from B3. The ratings on the company's Term loan A, Term Loan B, and revolving credit facility are affirmed at Ba3. The rating outlook is maintained at stable. The downgrade is primarily due to the company's persistently high leverage and weak interest coverage concurrent with weaker than expected operating results. Profitability will remain under pressure unless market prices increase materially for the company's primary...

Bering Sea crab survey “road map,” Puny pinks, Cod market improves
September 9, 2013 by Laine Welch
It’s mixed results for Bering Sea crab stocks, based on the summer surveys. For nearly 40 years fishery managers have trawl surveyed about  400 regions to track the health and abundance of the various crab stocks.  The annual report, dubbed the “road map” by crabbers, shows survey hot spots and other data prior to the season opener.....

Where Does Alaska Stand in the Global Cod Market?
September 9, 2013 by ladyfish
What may be good for the cod resource globally, might not be so good for Alaska’s Pacific cod market. Harvest levels for 2013 in the Bering Sea and Gulf of Alaska are around 320,000 metric tons and will most likely be around the same for the upcoming year. Unlike the European markets, namely Russia, Iceland, and Norway their cod quotas are expected to

Decision on Greens Creek tailings facility released
September 06, 2013
(SitNews) Ketchikan, Alaska -The Tongass National Forest issued a decision today to allow a limited expansion of Hecla Greens Creek Mining Company’s (GCM) tailings facility in Admiralty Island National Monument (ANM). Greens Creek Mine, owned by Hecla Mining, started production in 1989 and today is Juneau’s largest private sector employer.  It produced over six million ounces of silver in 2012 and is projected to do so again in 2013.  It is one of the world’s ........
..........Under the provisions of the 1872 Mining Law, Alaska National Interest Lands Conservation Act (ANILCA), and the Greens Creek Land Exchange Act of 1995, Hecla Greens Creek Mining Company has the right to mine, explore, and locate minerals in the national monument......

Former Governor Firm About EPA Involvement
Posted: September 9, 2013 at 12:31 pm
Former Alaskan Governor Frank Murkowski says the EPA should be more concerned with its proper role, and less moved by public emotion. Governor Murkowski said decisions about the proposed Pebble Mine should be based on science, not feeling…....

Recovery plan offered for sea otters
Posted 09/09/2013
by - Cordova Times Staff
A recovery plan for Alaska's threatened southwest population of northern sea otters, published Sept. 6 by the U.S. Fish and Wildlife Service, is being applauded by the Center for Biological Diversity as a way to avoid extinction of the species. The recover plan caps more than a decade of the Center's advocacy to win these otters full protection under the Endangered Species Act, said Rebecca Noblin, Alaska director with the Center in Anchorage. "Implementing this recovery plan will go a long way toward....

Fish oil could help prevent alcohol-induced dementia
Tuesday, September 10, 2013, 22:40 (GMT + 9)
A Loyola University Chicago Stritch School of Medicine study suggests that omega-3 fish oil might help protect against alcohol-related dementia. Previous studies have shown that long-term alcohol abuse increases the risk of dementia. This study -- called the Loyola study -- found that in the brain cells of rats....

At last, green groups win on shark fins. Or, maybe not…
By Heather Timmons 2 hours ago
Shark fin imports to Hong Kong have dropped 20 to 30%, thanks, apparently, to a campaign involving Greenpeace and other groups that has persuaded many major airlines to refuse to carry fins as freight, a Hong Kong industry group said this week. Dubai’s Emirates banned transport of shark fins on their cargo flights in June, and Australia’s Qantas banned them in May, two of a dozen airlines crimping shark fin imports in Hong Kong, where half of all of shark fins are consumed. The bans are.....

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Tender "Lonestar" rolls over in the Mouth of the Igushik River (fishery closed)

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