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Article: Sharing the wealth: community development quotas ensure that some of the Bering Sea's abundance flows to rural Alaskans. (Local News).
- Article from:
- National Fisherman
- Article date:
- September 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Diversified Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Eugene Asicksik was a 16-year-old from the Bering Sea village of Shaktoolik when he started fishing commercially with a $300 wooden boat, an 18-horsepower outboard and a $30 net.
Today, at 50, he runs an Anchorage-based company that owns some of the nation's most powerful fishing vessels. His stockholders live back in Shaktoolik and other predominantly Eskimo villages, some of which are little more than snowbound strips of ramshackle houses.
Asicksik's company, the Norton Sound Economic Development Corp., is one of six, established only 10 years ago, that are quietly leading a revolution in the enormous Bering Sea fishing industry. It's a boon for remote ...