PERMIT NEWS: March/April 2012

 

The 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. We're at permitmaster@comcast.net.

GILLNET

Bay permits were still sitting at $120k at the end of February. Trading has been steady, supply and demand balanced. Activity in SE permits slowed down to a normal pace with permits available starting @ $95k, but no current offers. A recent sale of a PWS permit was in the high $170s. Cook Inlet permits dried up, with the lowest available in the mid $80s and offers in the mid $70s. Nothing new in Area M.

SEINE

A recent listing of a SE permit came out @ $225k, toward the upper end of the current buyback. Offers for PWS permits are in the mid $170s, but sellers are @ $200k. New listings of Kodiak permits were in the mid to upper $40s, with not much activity. Area M permits were available @ $65k.

TROLL

SE Power Troll permits are holding in the mid $30s. Hand Troll permits were available from $11-12k.

SHELLFISH

Interest in Puget Sound Dungy permits was picking up with a recent sale around $60k. California Lobster and Rock Crab permits were in demand. Buyers were looking for any Dungy permits for California in the 4-500 pot tiers.