Alaskan Crab Fishing Brings In Millions Of Dollars Every Year

22 October, 2007 (20:35) | Making Money, Outdoors

By 1983, the Alaskan King crab industry crashed for no apparent reason. The worst slump in fishing history, it forced fishermen to look into alternative fishing sources. Thus Alaskan commercial fishing branched out either to salmon and halibut or bairdi and opilio, two types of tanner crabs.  Since then the Alaskan crab fishing trade has looked up a little with the year 2001 bringing in 23.2-million pounds of fishing stock worth US$36-million. But crab fishing in Alaska still continues to command the highest pay packet in the world.