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April 2015

| Business World

107

op and institute Amendment 80 to the Ber-

ing Sea Fishery Management Plan.

According to Jason Anderson, General Man-

ager of AKSC, Amendment 80 took rough-

ly 10 years to develop. What it does is allow

eligible and likeminded

flatfish vessels to form and

own cooperatives such as

the AKSC.

AKSC, like all coopera-

tives, is responsible for

its own target catch and

bycatch. Every year, they

apply for a permit that’s

based on the number of

people in the cooperative

and the history of differ-

ent target species. They

bring the resulting quota

to the cooperative to be

allocated to the individual

vessels.

Anderson said the AKSC

has resulted in lower by-

catch rates and allowed

members to fish more

cleanly and efficiently.

Now, instead of prema-

turely reaching target allocations and being

shut down for months at a time, members

are essentially fishing from when the season

begins, all the way to the end of the year.

“We’re one of the big success stories of