SEPTEMBER 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 The ongoing global pandemic continues to result in limited sales activity. Reports from the grounds are largely positive but lower dock prices continue to result in reduced quota prices. We expect activity to stay relatively quiet until indications of market stabilization and subsequent increase in demand from end users. The latest is as follows:
AREA
ESTIMATED VALUE
2C $45.00/# - $57.00/# - No activity despite reduced asking prices. 3A - Unblocked available
$35.00/# - $44.00/#
3B - Buyers looking for unblocked.
$22.00/# - $27.00/#
4A $10.00/# - $15.00/# - Buyers available at reduced asking prices. 4B $10.00/# - $18.00/# - Blocked and unblocked available. 4C - No activity.
$10.00/# - $18.00/#
SABLEFISH Market activity has remained quiet during the summer months. Typically sought after unblocked quota remains available in most areas. Fishing reports are cautiously optimistic but there continues to be an abundance of small fish. We are hopeful that the market will rebound quickly when the grounds prices improves. The latest is as follows:
AREA
ESTIMATED VALUE
SE $12.00/# - $18.00/# - Limited activity despite reduced asking prices. WY $14.00/# - $18.00/# - Unblocked available, offers encouraged. CG $9.00/# - $14.00/# - Recent activity, unblocked available. WG $6.00/# - $10.00/# - Some recent sales at reduced prices. AI - No activity.
$1.50/# - $8.00*/# (A class)
BS $1.50/# - $8.00*/# (A class) - Recent activity, limited availability.
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ALASKA PERMITS
ESTIMATED VALUES
Power Troll
$25k
Area M Drift
$190k
Area M Seine
$170k
Area M Setnet
$55k
Bristol Bay Drift
$155k
Bristol Bay Setnet
$63k
Cook Inlet Drift
$26k
Kodiak Seine
$36k
PWS Drift
$140k
PWS Seine
$140k
SE Dungeness (75 - 300 pot)
Variable - Sellers wanted
Southeast Drift
$70k
Southeast Herring Seine
$100k
Southeast Salmon Seine
$175k
SE Chatham Black Cod
$420k - Permit available
WEST COAST PERMITS
ESTIMATED VALUES
California Crab Variable - Call for info Sales activity remains limited. Recent sales have occured at reduced prices. We expect that trend to continue until market conditions become clearer. Permit values remain difficult to determine due to the limited number of sales. 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 - $450k+, highest value in 58’ and above CA Deeper Nearshore
$33k
CA Halibut Trawl
$70k - $100k
California Squid
Variable - call for info
CA Squid Light/Brail
Variable - call for info
Oregon Pink Shrimp
$60k - $75k
Oregon Crab Variable - call for info Some demand for 500 pot permits over 58’ - 200 pot: $45k - $65k - 300 pot: $110k - $200k - 500 pot: $200k - $300k for <50’ & $6k - $7k per foot for >50’ Puget Sound Crab
$135k
Puget Soun Drift Drift
$12k
Puget Sound Seine
$100k
Washington Crab Variable - call for info Recent listings at reduced prices, offers encouraged - 300 pot: $90k - $160k depending on length - 500 pot: $300k - $400k depeneding on length Washington Pink Shrimp Washington Troll
$70k - Leases available $21k
Longline - Unendorsed $110k - $130k - Cash buyers looking, sellers wanted. Leases available. Longline - Sablefish Endorsed Variable -Tier 2 and 3 permits available, prices reduced A-Trawl
Variable - Call for info
September 2020 \ National Fisherman 33