National Fisherman


State officials say Alaska's record pink salmon harvest in 2013 could create a market glut that will drive prices down for several years.
    
KFSK reports the state's division of Economic Development sees a glut in supply after the 2013 harvest, bringing downward pressure on prices.
    
Alaska fishing fleets caught 219 million pink salmon last year. That helped fill an estimated 4 million cases of tall pink cans and left companies with almost 5 million cases in inventory.
 
Read the full story at KTUU>>

Inside the Industry

(Bloomberg) — After fighting for more than two years to avoid paying almost $1 billion in oil spill damages to Gulf Coast shrimpers, oystermen and seafood processors it claimed didn’t exist, BP Plc has thrown in the towel.

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(Bloomberg) — Millions of dead fish stretched out over 200 kilometers of central Vietnamese beaches are posing the biggest test so far for the new government.

The Communist administration led by Prime Minister Nguyen Xuan Phuc has been criticized on social media for a lack of transparency and slow response, with thousands protesting Sunday in major cities and provincial areas.

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