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Bering Sea buyout: Western Alaska coalition now owns 3 percent of crab quota


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The Aleutian Mariner is one of seven vessels bought by a coalition of western Alaska communities from the Mariner Companies in January 2021. Geoffrey V/MarineTraffic.com photo
A coalition of 30 communities, the Coastal Villages Region Fund and the Bristol Bay Economic Development Corporation has come together to buy the Seattle-based Mariner Companies.
Through the agreement, the Mariner Companies will sell crab quota valued at $35 million to the communities in the Yukon-Kuskokwim Delta and Bristol Bay regions. The Coastal Villages Region Fund and the Bristol Bay Economic Development Corp., both of which participate in Alaska s community development quota program, provided support to the communities to purchase the quota, and will support the harvest through their fishing operations. ....

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