Fisheries

'Really devastating news': US crab industry faces bankruptcies following Alaska king crab closure

Alaska's crab fleet is now facing $500 million (€513 million) in losses from the decision, according to one executive.

Nippon Suisan Kaisha-owned Alaska pollock, groundfish and crab processor Unisea in Dutch Harbor, Alaska will see impacts from a king crab fishery closure.
Nippon Suisan Kaisha-owned Alaska pollock, groundfish and crab processor Unisea in Dutch Harbor, Alaska will see impacts from a king crab fishery closure.Photo: UniSea
UniSeaKing crabAlaskaStavis SeafoodsUnalaska
Published 11 October 2022, 20:19Updated 11 October 2022, 20:19