MAY
PERMIT NEWS
Dock Street Brokers
(206) 789-5101 (800) 683-0297 www.dockstreetbrokers.com For all the latest permit & IFQ listings please call or visit our website.
IFQ NEWS
*Price differences reflect the range from small blocks of D or C class on the lower end to unblocked B class unless ortherwise indicated.*
HALIBUT At the time of this writing, the 2021 QS:IFQ ratios have been published and the season is about to start. Demand remains strong for 3A and 3B, with lack of supply the only hurdle for 3B buyers (sellers wanted). Increasing interest in 2C, but limited sales as a result of high price expectation by sellers. Activity in other areas continues to be limited, but there have been recent transactions. We expect grounds price to be the next factor to have a significant effect on the quota market. The latest is as follows:
AREA
ESTIMATED VALUE
2C $40.00/# - $55.00/# - Increasing interest at reduced prices. 3A $37.00/# - $44.00/# - Recent sales, prices remain steady. 3B $23.00/# - $29.00/# - Strong demand, sellers wanted. 4A $10.00/# - $15.00/# - Some sales activity at reduced asking prices. 4B $10.00/# - $18.00/# - No activity despite low asking prices. 4C $10.00/# - $18.00/# - Recent activity at reduced asking prices. 4D $10.00/# - $18.00/# - Blocked and unblocked available.
SABLEFISH
While everyone was able to benefit from sablefish TAC increases, quota prices adjusted accordingly, with slight decreases on a per pound basis. However, there has been increasing interest from buyers, evidenced by recent and ongoing sales of CG, SE, and BS. Demand remains limited for AI, WG and WY. It is reasonable to speculate that any improvement to grounds prices would create a significant increase in demand from buyers. The latest is as follows:
AREA
ESTIMATED VALUE
SE $12.00/# - $16.00/# - Little activity, reduced asking prices. WY $12.00/# - $16.00/# - Recent price reductions, make offers. CG - Steady demand, recent sales.
$9.00/# - $13.00/#
WG - Slow, little unblocked available.
$6.00/# - $10.00/#
AI $1.50/# - $7.00*/# (A class) - Unblocked available, no recent sales. BS $1.50/# - $8.00*/# (A class) - Increased interest from buyers, sellers wanted.
To subscribe, call 1-800-959-5073
ALASKA PERMITS
ESTIMATED VALUES
Power Troll
$26k
Area M Drift
$180k
Area M Seine
$140k
Area M Setnet
$55k
Bristol Bay Drift
$188k
Bristol Bay Setnet
$55k
Cook Inlet Drift
$22k
Kodiak Seine
$35k
PWS Drift
$125k
PWS Seine
$140k
SE Dungeness (75 - 300 pot)
Variable - Sellers wanted
Southeast Drift
$55k
Southeast Herring Seine
$100k
Southeast Salmon Seine
$150k
SE Chatham Black Cod
$405k
WEST COAST PERMITS
ESTIMATED VALUES
California Crab Variable - Call for info Very little activity in the permit market while the season is ongoing. Prices remain steady, but will likely change as new listings come up after the season. Call for more information. The latest is as follows: - 175 pot: $30k - $50k range - 250 pot: $45k - $60k less than 40’. $50k - $100k for 40’ - 60’ + - 300 - 350 pot: $70k - $150k, low availability - 400 - 450 pot: $100k - $280k, value dependent upon length - 500 pot: $250k - $400k+, highest value in 58’ and above CA Deeper Nearshore CA Halibut Trawl California Squid
$35k - Sellers wanted $50k - $80k Variable - call for info
CA Squid Light/Brail
Variable - call for info
Oregon Pink Shrimp
$60k - $80k - Sellers wanted
Oregon Crab Variable - call for info Steady demand for 500 pot permits over 50’ - 200 pot: $45k - $60k - 300 pot: $100k - $200k - 500 pot: $200k - $300k for <50’ & $6k - $7k per foot for >50’ Puget Sound Crab
$157k
Puget Sound Drift
$10k
Puget Sound Seine
$85k
Washington Crab Variable - call for info Reduced interest at current asking prices. - 300 pot: $90k - $160k depending on length - 500 pot: $300k - $400k depending on length Washington Pink Shrimp Washington Troll
$40k - Leases available $20k
Longline - Unendorsed $90k - $120k - Leases available at reduced prices. Longline - Sablefish Endorsed Variable - Reduced prices resulting in sales, more available. A-Trawl
Variable - Call for info
See all our listings at www.dockstreetbrokers.com
May 2021 \ National Fisherman 23
