task force, chaired by Stevens, that held extensive hearings through the summer and fall. Its final report was made official Jan. 21. The challenges ahead are notable: Seafood processors told the task force in December that among other problems labor costs have increased 50%, compounded by inflation and high interest rates; small processors are struggling to secure “pack loans,” to finance purchases from harvesters during the season; regulatory complexities and uncertain climate conditions are deterring potential investors; and harbor maintenance costs also are increasing due to inflation, placing a significant financial burden on local municipalities. On the last point, the municipal harbor state match grant cap of $5 million is outdated and does not meet current project demands in the industry, legislators were told. Most of the difficulties in the seafood industry stem from international issues over which Alaskans have little control, such as the effects of Russia’s prolonged war with Ukraine. However, there are facets the state can do to help, such as with marketing and financial assistance. Here are some of the needs identified: There are barriers in data-sharing between federal and state managers, and industry. Incomplete or inaccurate data leads overly conservative fisheries management that reduces allowable harvests or, conversely, overharvesting. Lack of data also erodes trust in fisheries management. Solutions include centralized and standardized data and incentives for reporting, the Legislature’s task force concluded. Alaska’s nonprofit hatcheries need upgrades to be efficient and meet new environmental standards, and more education needs to be done for the public to understand the vital role hatcheries play in sustaining the ALASKA RESOURCE REVIEW WINTER 2025 36 CONTINUED FROM PAGE 34 The Alaska seafood industry has its sights set on attracting younger workers for a number of job roles.
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