March 3, 2021 — The Pacific halibut fishery opens March 6, and increased catch limits combined with a cautiously optimistic outlook for the near future have fanned interest in buying shares of the popular fish.
In January, the International Pacific Halibut Commission boosted total halibut removals for 2021 by 6.5% to 39 million pounds for taken by all users and as bycatch in fisheries of the West Coast, British Columbia and Alaska. That is higher than the total take for the past three years.
For commercial fishermen, the halibut catch limit of 25.7 million pounds is an increase of 2.6 million pounds over 2020. Alaska gets the largest chunk at 19.6 million pounds, and all regions except for the Bering Sea will see increased catches.
“People are thrilled to see that, hopefully, the tide has turned after catch limits for most areas have been declining for about the past 15 years. And they are happy to know they’re going to see some more pounds on their permits this year,” said Doug Bowen of Alaska Boats and Permits in Homer.
“By all accounts the market looks like it is warming up,” agreed Lisa Gulliford at Permit Master in Tacoma, Washington. “Interest and flexibility from both buyers and sellers is always good news and I am hopeful this trend will continue through the year.”