Permit Market - Spring Report

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

Bay permits have been trending down most of the winter. As of later February, the low point in the market was $90k, but they have rebounded slightly in the last few weeks more toward the mid $90s. SE permits were down for a bit this winter, but have recovered some in the last month, with offers in the low-mid $80s. PWS permits have seen very little activity so far. Prices have been coming down and they are now available as low as $179k. Cook Inlet permits were as low as the high $40s earlier in the winter. Currently permits are available starting at $56k, but offers are only at $50k. There has been no activity in Area M permits, where the starting price is $100k.

Seine

Asking prices for SE permits start at $200k and offers are at $160k. There has been one sale since fall 2015. PWS permits are available as low as $170k, but interest is down. Kodiak permits are available as low as $35k. No recent activity there. Nothing new with Cook Inlet permits, with permits starting at $75k. Area M permits slipped a bit more, starting at $50k now.

Troll

SE Power Troll permits have been holding steady in the mid $30s all winter. Hand Troll permits are available, starting at $11.5k. Interest in Oregon permits has started to tick up in the past month. Activity in Washington permits was up in January, but had slowed again by the end of February.

Shellfish

Listings of SE Alaska dungy permits have been scarce all winter. There have been a few Oregon and Washington dungy permits available throughout the winter, but other than a little flurry of activity just before fishing, the market has been pretty quiet. Puget Sound crab permits are still in demand and nobody is selling.

Info provided by Mike Painter, General Manager at Permit Master. In addition to his 20 years driving a desk at Permit Master, he spent 30+ years fishing in Alaska.

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