An update on the Southeast seine buyback

When we last looked in on the proposed buyback of Southeast salmon seine permits, federal officials had just thrown a stick of dynamite in the hold by disqualifying the reverse auction organizers held to determine who would sell out.

Rather than just get mad and let the idea sink, buyback organizers went back to work. Over the past few weeks, they ran another auction by registered mail. Permit holders were to have their bids in by Dec. 28.

Deckboss hears the new buyback list looks very similar, in terms of permit numbers and dollar amounts, to the one generated with the first auction. The revised list will be submitted soon to the National Marine Fisheries Service.

Of course, I'll be working to obtain the new list and provide everyone with further updates.