As far as sustainability, I wish you are right even though the cards are stacked against the Alaska, WA, OR, and CA ground fishery and there are other issues involved as well shown in the link below.
http://darwin.bio.uci.edu/sustain/global/sensem/S98/Tao/bio191cw.html “FAO estimates that catches of 70% of marine species have reached or exceeded sustainable levels. (FAO Website)”
“The modern approach to avoid overfishing is to establish the amount of maximum sustainable yield (Hagler, 1995). It can be defined as the maximum rate of population removal without jeopardizing the stock for next season (Ricklefs, 1993). Essentially, MSY is a form of brinkmanship in which fishery managers attempt, as a matter of principle, to extract maximum yields from a natural resource, on the assumption that, if they get it wrong one year, they will be able to get right the next. It is by calculating the MSY the United Nation's Food and Agriculture Organization(FAO) reports that 70 percent of the world's commercial fish species are now fully exploited, overexploited, or depleted (Helvarg,1997).
MSY is not the perfect answer, but it is the most commonly accepted one. It is subject to inaccurate data from reporting agencies, natural variables such as abnormal climatic events, and the lack of long term historical data for the particular species (Hagler, 1995). It was very difficult for legislative bodies to set fishing limits. The uncertainties involved in estimating fish population led to abuse. It is not uncommon to see old fishing practice to go on while scientific surveys are being conducted....”
Havoc to ecosystems-- "According to David Helvarg in a 1997 article, about 750 million pounds of these casualties (by-catch) were wasted just in the North Pacific fishing grounds. These include dolphins, sharks, sea turtles, seals, and other large animals to smaller sacrifices such as crabs, squids, mollusks, sunfish and so forth. They are valuable members of the marine ecology. With all the mobile members cleaned out, the stationary coral reefs also suffered…"
The conflict of interest between money and environment is a difficult matter to resolve.
“According to one account in a recent report published by David Helvarg, an agent from the National Marine Fisheries Service complained that after a major poacher bust in restricted water, his supervisor told him he can’t put the poacher out of business because the loan for the boat was from the government and needs to be paid off (1997)…”
“Make friends in Washington and that gets the boats in the water. Making the payments on the government loan still take some work. A 1995 report published by Carl Safina, a set of interesting numbers was noted.
The annual costs for the fishing industry to catch $70 billion worth of fish was $124 billion. The red ink was filled in by government subsidies. This huge lump of money was given to the industry for the purpose of keeping people employed. The reality is that those employees are hired to destroy their future and ours. This free money in the form of subsidies was luring many people into the industry...”
Good luck in this fishery being different from the majority of other world fisheries.