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CHANGES UNDER ALASKA'S SABLEFISH IFQ PROGRAM, 1995 TO 1996
Final Report:
This is the final report of the Alaska Department of Fish and Game - Commercial
Fisheries Entry Commission pursuant to National Oceanic and Atmospheric
Administration Award No. NA77FD0164 covering the sablefish IFQ program over the
1995 and 1996 time period. The executive summary is contained in a separate
document. The final report for the sablefish fishery is contained in a separate
document.
Project Funding:
This project is partially funded by National Oceanic and Atmospheric Administration
Grant, NOAA Award No. NA77FD0164. The project and budget period for the grant
is May 1, 1997 through April 30, 1998. Information about the grant can be obtained
from:
Peter Jones
Federal Program Officer, Alaska Region
National Marine Fisheries Service
P.O. Box 21668
Juneau, AK 99802-1668
- List of Preparers:
- Elaine Dinneford
- Kurt Iverson
- Ben Muse
- Kurt Schelle
- Organization:
- Alaska Department of Fish and Game
- Commercial Fisheries Entry Commission
Abstract:
This study uses NMFS-RAM administrative data and other ancillary data to analyze
the first two years of the sablefish individual fishing quota (IFQ) program in Alaska.
The topics covered in the report include basic data on the extent of consolidation of
quota share (QS) holdings, the volume of permanent QS transfers and QS prices, and
the volume of seasonal QS lease transfers and IFQ lease prices. The report highlights
the importance of several special features of the IFQ program and provides an
extensive overview of changes in the geographic distribution of QS holdings. The
report includes summary data on permanent transfers including the amount of QS
transferred as sales, gifts, and trades; the relationships between the transferors and
transfer recipients; and the finance methods used in sales transfers. The report
investigates changes in the distribution of QS by person-type, changes in the
distribution of QS between initial QS recipients and new entrants, and changes in the
sablefish harvest and delivery patterns. The report also provides information on the
consolidation of IFQ permit holders onto single vessel operations and on the
underharvest of IFQ during 1995 and 1996.
- 1 Introduction
- 1.1 The Purpose of This Study
- 1.2 The Sablefish Fishery
- 2 Overview of This Report
- 2.1 Topics in the Report
- 2.2 Overview Of Chapters 3 through 16
- 3 Consolidation of QS Holdings
- 3.1 Introduction
- 3.2 QS Consolidation by Vessel Category
- 3.3 QS Consolidation by Size of QS Holding
- 4 QS Transfers and QS Prices
- 4.1 Transfer Rates by Area
- 4.2 Transfer Rates by Area and Vessel Class
- 4.3 Annual QS Sales Prices
- 4.4 Estimated QS and IFQ Prices
- 5 Sablefish QS Leases
- 5.1 Sablefish QS and QS Holder Lease Rates By IFQ Area
- 5.2 Sablefish QS and QS Holder Transfer and Lease Rates By Area and Vessel
Category, 1995-1996
- 5.3 Lessors, Lessees, Leases, and Lease Rates
- 5.4 QS Lease Prices
- 6 Types of Transfers, Financing of Transfers, Relationships between Transferors
and Transfer Recipients, and Use of Brokers
- 6.1 Sales, Gifts, Trades, and Other Transfers
- 6.2 Finance Source on Priced Sales Transfers
- 6.3 Relationship of Buyer and Seller on Permanent Transfers
- 6.4 Use of Broker Services in Transfers
- 6.5 Use of Broker Services in Lease Transfers
- 7 Distribution of QS by Blocking Factor, CDQ Compensation QS, CDQ
Compensation QS "Swaps"
- 7.0 Introduction
- 7.1 Blocked QS, CDQ Compensation QS, and Swappable CDQ
Compensation QS
- 8 "Sweep-ups" of Small QS Blocks
- 8.1 Changes in Sweepable QS Blocks
- 8.2 Sweep-up Transactions
- 8.3 Sweepable QS Relative to Total QS
- 8.4 Summary
9 Changes in QS Holdings by Type of Person
10 Changes in the Distribution of Sablefish QS by State.
- 11 Changes by Management Area, Rural-Urban, and Local-Nonlocal
- 11.2 Net Result of QS Transfers, Migrations, and Revocations
- 11.3 Details of Sablefish QS Transfers: To and From Each Resident Category
- 11.4 Intra-cohort and Cross-cohort Transfers
12 Changes in the Distribution of Sablefish QS by Census Area
13 New Entrants in the Fishery
14 Changes in Harvest and Delivery Patterns
- 15 Overharvest and Underharvest of IFQs and TACs
- 15.1 TACs and Harvests: 1990 to 1996
- 15.2 Total Available IFQs and Actual Harvest by Vessel Category
- 15.3 Unchanged QS and Unharvested IFQ, 1995 and 1996
16 Consolidation of Permit Holders on Fishing Operations
Appendix I
Appendix II
1 Introduction
Table 1-1. 1995 and 1996 Quota Share Pools and
IFQ TACs by Sablefish Management Area
3 Consolidation of QS Holdings
Table 3-1a. Initial Issuance and Year-end 1996
QS and QS Holders by Management Area
Table 3-1b. Consolidation of Sablefish QS Holdings
from Initial Allocation through Year-end 1996, By Area
Table 3-2a. Initial Allocation and Year-end 1996
QS by Management Area and Vessel Category
Table 3-2b. Initial Allocation and Year-end 1996
QS Holders by Management Area and Vessel Category
Table 3-3a. Initial Allocation and Year-end 1996
QS by Management Area and Size of QS Holding
Table 3-3b. Initial Allocation and Year-end 1996
QS Holders by Management Area and Size of QS Holding
4 QS Transfers and QS Prices
Table 4-1. Sablefish QS Transfer Rates by Area
and Year
Table 4-2. Sablefish QS Transfer Rates by Area,
Vessel Class, and Year
Table 4-3. Annual Prices for Sablefish QS and
IFQ Transfers by Area and Year
Table 4-4. Annual Prices for Sablefish QS and
IFQ Transfers by Area, Vessel Class, and Year
Table 4-5. Annual Prices for Sablefish QS-Only
Transfers by Area and Year
Table 4-6. Annual Prices for Sablefish QS-Only
Transfers by Area, Vessel Class, and Year
Table 4-7. Estimated Prices Per Unit of Sablefish
QS, Expressed in Dollars Per Pound of IFQ
5 Sablefish QS Leases
Table 5-1. Sablefish QS and QS Holder Lease Rates
by Area, 1995-1996
Table 5-2a. Sablefish QS Transfer and Lease Rates,
1995-1996, by Area Year, and Vessel Category
Table 5-2b. Transfer and Lease Rates of Sablefish
QS Holders, 1995-1996 By Area, Year, and Vessel Category
Table 5-3. Leases of QS By Area, Vessel Category,
and Year: 1995-1996
Table 5-4. Priced and Unpriced Sablefish QS Leases
By Area and Vessel Category, 1995-1996
Table 5-5. Average Prices For Sablefish Priced
QS Leases By Area and Vessel Category, 1995-1996
Table 5-6. Average Prices For Sablefish QS Priced
Leases, 1995-1996 By Area and Block Status
6 Types of Transfers, Financing of Transfers, Relationships between Transferors
and Transfer Recipients, and Use of Brokers
Table 6-1a. Sablefish Transfer Activity by Area,
Year, and Nature of the Transfer, 1995-96
Table 6-1b. Numbers of Sablefish Transfers by
Area, Year, and Nature of the Transfer, 1995-96
Table 6-2a. QS Financed for Priced QS Sales, by
Area, Year and Finance Method, 1995-96
Table 6-2b. QS Transfer Transactions for Priced
QS Sales, by Area, Year, and Finance Method, 1995-96
Table 6-3a. QS Transfer Transactions by Area,
Year, and Relationship of Transfer Parties, 1995-96
Table 6-3b. Number of QS Transfer Transactions
by Area, Year, Relationship of Transfer Parties, 1995-96
Table 6-4a. Use of Brokers In Sablefish QS Permanent Transfers, By Year
Table 6-4b. Use of Brokers In Sablefish QS Permanent Transfers, By Area and Year
Table 6-4c. Use of Brokers In Sablefish QS Permanent Transfers, By Vessel
Category and Year
Table 6-5a. Use of Brokers in Sablefish QS Leases, By Year
Table 6-5b. Use of Brokers in Sablefish QS Leases, By Area and Year
7 Distribution of QS by Blocking Factor, CDQ Compensation QS, CDQ
Table 7-1a. Sablefish Initial Allocation and Year-end 1996 QS by Area, Block, and
CDQ Status
Table 7-1b. Sablefish QS Holders: Initial Allocation and Year-end 1996 QS Holders
by Area, Block, and CDQ Status
Table 7-2. Net Changes in Swappable QS and Number of Persons Holding
Swappable QS, From Initial Issuance Through 1996, By Area
Table 7-3. Swappable Sablefish QS: Net Changes From Initial Allocation to
Year-end 1996, By Area and Vessel Category
Table 7-4. Swappable Sablefish CDQ QS: Swaps From/To Vessel Categories,
By Area
Table 7-5. Initial and Year-end 1996 Sablefish QS: Net QS Changes in Vessel
Categories Due to Swaps, Revocations, Appeals, and Other Factors.
8 "Sweep-ups of Small QS Blocks
Table 8-1. Persons Holding Sweepable Sablefish QS Blocks, Number of Sweepable
Blocks, and Total Sweepable QS Holdings at Initial Issue and
Year-end 1996
Table 8-2. Number of Transferors and Recipients of Sweep-up Transactions,
With Mean QS of Sweep-ups, By Area
Table 8-3. 1996 Year-end Total Sablefish QS, Blocked QS, and Sweepable
Blocked QS by Area
9 Changes in QS Holdings by Type of Person
Table 9-1. Sablefish QS by Area and Type of Holder
Table 9-2. Sablefish QS Holders by Area and Type of Holder
Table 9-3. Sablefish QS By Type of Holder, Vessel Category, and Area
Table 9-4. Sablefish QS Holders By Type of Holder, Vessel Category, and
Area
10 Changes in the Distribution of Sablefish QS by State
Table 10-1. Initial Allocation and Year-end 1996 QS Holdings by Area and State
Table 10-2. Initial Allocation and Year-end 1996 QS Holders by Area and State
11 Changes by Management Area, Rural-Urban, Local-Nonlocal
Table 11-1a. Initial Allocation and Year-end 1996 QS Holdings by Management
Area and Resident Type
Table 11-1b. Initial Allocation and Year-end 1996 QS Holders by Management Area
and Resident Type
Table 11-2. Net Result of Sablefish QS Transfers, Migrations, and Revocations
From Initial Issuance Through Year-end 1996, by Management Area
and Resident Type
Table 11-3a. Sablefish QS Transfers From Initial Issuance Through Year-end 1996:
The Number of Transfers and the Amount of QS Transferred To and
From Each Resident Type, by Management Area
Table 11-3b. Sablefish QS Transfers From Initial Issuance Through Year-end 1996:
The Number of Transfers, Tranferors, and Transfer Recipients, by Resident
Type and Management Area
Table 11-4a. Intra-cohort and Cross-cohort Transfers of Sablefish QS From Initial
Issuance Through Year-end 1996, by Management Area
Table 11-4b. Intra-cohort and Cross-cohort Transfers From Initial Issuance
Through Year-end 1996, by Management Area
12 Changes in the Distribution of Sablefish QS by Census Area
Table 12-1a. Initial Allocation and Year-end 1996 QS Holdings by Management
Area and Census Area
Table 12-1b. Initial Allocation and Year-end 1996 QS Holders by Management
Area and Census Area
13 New Entrants in the Fishery
Table 13-1a. Sablefish QS Holdings of Initial Issuees and New Entrants by Year-end
1995 and 1996
Table 13-1b. New Entrants to the IFQ Fisheries
Table 13-2. Leases of Sablefish QS to Initial Issuees and New Entrants by Area
and Vessel Category
14 Changes in Harvest and Delivery Patterns
Table 14-1. Sablefish Deliveries (pounds) for Alaska, Catcher/Processors, and
Other Places
Table 14-2. Sablefish Deliveries (pounds) by Alaska Place of Delivery: 1991-1996
Table 14-3. Sablefish Harvest (pounds) by Area, Year, and Quarter: 1995-1996
Table 14-4. Sablefish Harvest (pounds) by Area, Year, and State of IFQ Permit Holder: 1995-1996
Table 14-5. Sablefish Harvests by QS Owners and Hired Skippers, 1995 and 1996
Table 14-6. Sablefish Harvests by QS Owners and Hired Skippers, 1995-1996 by Vessel Category
15 Overharvest and Underharvest of IFQs and TACs
Table 15-1. Comparison of Sablefish TACs and Harvest by Management Area,
1991 to 1996
Table 15-2. Available IFQs and IFQs Harvested, By Area and Vessel Category
Table 15-3a. Fished and Unfished QS Owned by Initial Issuees Who Had Not
Altered Their QS Holdings by Year-end 1995 and 1996
Table 15-3b. Number of Initial QS Recipients Who Had Not Altered Their QS Holdings
by Year-end 1995 and 1996: Persons With and Without Harvests
16 Consolidation of Permit Holders on Fishing Operations
Table 16-1. Summary of 1991-1996 Sablefish Harvest and Participation for All
Vessels Other Than Catcher/Processors
Table 16-2. Summary of 1995-1996 Sablefish Harvest and Participation by
Vessel Category. The Totals Include Catches by Catcher/Processors
Figure 1. Map of Sablefish IFQ Management Areas
Figure 2. QS Transfer Application Form - 1995
Figure 3. QS Transfer Application Form - 1996
