What is QS?
QS represents a long-term privilege to harvest a percentage of the crab fishery. QS was issued initially either to (1) holders of permanent LLP licenses for which the original LLP qualifying vessel had eligible crab landings; or (2) crew members who, in the crab qualifying years held a State of Alaska Interim Use Permit and made landings with that permit. LLP-based QS is 97% of all the QS in a fishery. Crew-based QS is 3% of all the QS in a fishery. Each year QS yields IFQ.