Permit News: December-January

Permit News
Following is a rundown of the current limited entry permit market, primarily in Alaska. If you don’t see something that you think should be included, shoot us an email.


Gillnet
The price of Bay permits has continued to climb, with mid-December sales around $140k. A recent sale of a SE permit went for around $100k. New offers were up to the mid $90s. Offers for PWS permits are still just over $200k. Offers for Cook Inlet permits were at $75k and sellers were asking $85k or better. Area M permits were trading at right around $80k.

Seine
Asking prices for SE permits were around $320k, but no new offers post-season. Prices for PWS permits were holding steady at over $200k in December. Kodiak permits continued to climb, with recent trades around $50k. Interest in Chignik permits had offers as high as $225k, but the lowest seller was holding out for $250k. Nothing new in Area M permits.

Troll
SE Power Troll permits were trading in the low to mid $30s. Hand Troll permits dropped slightly to $10k. Buyers are looking for California troll permits, but they are very hard to find. Oregon permits were getting scarce also. Washington permits increased slightly to the low $20s.

Shellfish
SE Dungy permits were available in all sizes with prices starting at about $125/pot. Activity in California crab permits slowed as the fishery got started. There are a few permits available now, with asking prices as high as ever. Oregon and Washington permits remain scarce. Even the 300 pot permits are hard to find. Puget Sound dungy cards are impossible to find and offers are as high as the mid $90s.

Info provided by Mike Painter, General Manager at Permit Master. In addition to his 17 years driving a desk at Permit Master, he spent 30+ years fishing in Alaska.

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