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Venture Studio, NOAA focus on growth of 'blue economy' | Community

Venture Studio, NOAA focus on growth of 'blue economy' | Community
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REUTERS NEXT-Warming Arctic at the frontier of climate insight and risk, experts say

12 Jan 2021 / 04:55 H.
By Clare Baldwin and Kate Abnett
HONG KONG/BRUSSELS, Jan 11 (Reuters) - The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday. With climate change warming the Arctic twice as fast as the overall planet, newly possible commercial activities have also raised questions about responsibility and risk at the top of the world, an insurance expert said.
Native peoples observations of changes in the Arctic - such as diseases in fish, or shifts in the time of year when mountain snow melts - are key to understanding how climate change affects the whole ecosystem, said Ilarion Merculieff, president of the Global Center for Indigenous Leadership and Lifeways. ....

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Bristol Bay sockeye a high point in state's volatile season

Bristol Bay sockeye a high point in state s volatile season
December 31st, 2020 |

More than 58 million sockeye salmon returned to Bristol Bay this summer. It s another in a series of enormous runs to the fishery. The commercial harvest was just as impressive Bristol Bay s fleet hauled in 39.5 million fish, which is the fifth-largest harvest on record.
But while the Bay s run exceeded 50 million fish for the sixth year in a row 46% above the 20-year average many other areas of the state were far below their forecast.
When you take Bristol Bay out of the picture and look at sockeye harvests in Alaska, the non-Bristol Bay sockeye harvests this year were the lowest on record since 1976, said Dan Leash, an economist with the McDowell Group. ....

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Alaska's Peter Pan doubles down on value addition with Northwest Fish merger

Alaska s Peter Pan doubles down on value addition with Northwest Fish merger
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Seattle, Washington, U.S.A.-based Northwest Fish and Anchorage, Alaska, U.S.A.-based McKinley Capital Management have beat out Trident Seafoods, Canfisco, and Silver Bay Seafoods to scoop up the assets of Peter Pan Seafood Co. from Japanese conglomerate Maruha Nichiro.
The sale, which was announced by Maruha Nichiro in November 2020, was finalized on 31 December, 2020. Northwest Fish and McKinley collaborated with London, United Kingdom-based RRG Investments on the transaction. Peter Pan Seafood Co. now comprises Peter Pan Seafood’s assets and the value-added sales channels of Northwest Fish Co. The new ownership group is Rodger May of Northwest Fish, the Na’-Nuk Investment Fund (managed by McKinley Capital Management), and the RRG Global Partners Fund (managed by RRG Capital Management). ....

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Warming Arctic at the frontier of climate insight and risk, experts say

The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday. ....

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