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| Updated: 6:46 PM

Stephen Caverly with his 312.9-pound halibut.

Courtesy KVAK

Stephen Caverly with his 312.9-pound halibut.

Ship Creek Silver Fishing

Anthony Carruba, left, and Brandon Whitt, both are soldiers with the 59th Signal Battalion at Fort Richardson, cross a pedestrian bridge after catching a few silver salmon while fishing at Ship Creek near downtown Anchorage on Sunday evening, August 2, 2009.

Anglers try their luck while silver salmon fishing at Ship Creek near downtown Anchorage on Sunday, August 2, 2009.

Kenai River Dipnetting

The salmon have been returning to the Kenai River in big numbers this week. Dipnetters from all over the state came to share in the bounty.

Bird Creek Salmon Fishing

Opening day of salmon fishing at Bird Creek on Tuesday, July 14, 2009.

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313-pound halibut puts Eagle River fisherman atop Valdez derby

Eagle River angler Stephen Caverly muscled a huge 313-pound halibut aboard the charter boat Dan Orion out of Valdez on Monday to take charge of that town's summer halibut derby.

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Caverly's 89-inch fish appears to be the second largest halibut landed in Alaska this summer. Homer angler Thomas Youngblood leads his hometown derby with a 354.6-pound fish caught in June.

"Like bringing up a barn door," Caverly told derby officials after the 35-minute fight in the Gulf of Alaska.

Caverly was fishing with Dave Wiley aboard his boat, the Dan Orion of Orion Charters. Last year, Wiley client Jan VanderVaart fishing aboard the same boat won the derby with a 251.5-pounder. In 2006, a Wiley client finished second in the derby with a 263-pounder.

Caverly's fish pushed Fairbanks angler Marvin Ray Williams into second place. Williams caught a 275.6-pounder on June 7.

Winner of the derby, which ends Sept. 6, earns $15,000; second place is worth $5,000.

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