Advisors warn that the U.S. Jones Act’s requirement for American‑built vessels, combined with the high cost of new ships and an aging fleet, is depressing Alaska pollock company valuations and hindering mergers and acquisitions, prompting speculation that some owners may eventually sell
A strong 2025 Alaska salmon season, particularly abundant Bristol Bay sockeye runs, has stabilised processors and could spur further consolidation, with big players like Silver Bay, Trident and Canfisco expected to dominate while smaller producers struggle
Having acquired OBI, Peter Pan and Trident plants, Silver Bay Seafoods now controls 60–70 % of Alaska pink and sockeye processing and boasts over US$1 billion in revenue, prompting calls for the company to focus on quality improvements and vertical integrationnue