National Fisherman

At nearly 90 years old, one of Tacoma’s last major shipyards may be closing down for good next month.
J.M. Martinac Shipbuilding Corp. faces a foreclosure auction of its Thea Foss Waterway shipyard July 18 on the County City Building entry plaza unless it finds new business or an angel investor to pay some $415,000 in payments and fees overdue on a $5.4 million loan its owners signed in December 2012.
The shipyard also owes Pierce County some $13,429 in property taxes for the last three years.
The shipyard, which has constructed 256 vessels since its beginning in 1924, reportedly is searching desperately to find new construction work to fill its ways at 401 East 15th Street on the east side of the Foss Waterway.
The shipyard’s last project, a 184-foot state-of-the-art longline fishing vessel called the Northern Leader, left the shipyard a year ago. Martinac built that fishing vessel for Lynden’s Alaskan Leader Fisheries.
Read the full story at News Tribune>>

Inside the Industry

NMFS has awarded 16 grants totaling more than $2.5 million as part of its Bycatch Reduction Engineering Program.

The program supports the development of technological solutions and changes in fishing practices designed to minimize bycatch and aims to to find creative approaches and strategies for reducing bycatch, seabird interactions, and post-release mortality in federally managed fisheries.


Abe Williams, who was elected to the Bristol Bay Regional Seafood Development Association board last spring, has been selected as the new president as of September.

Williams fishes the F/V Crimson Fury, and is president of Nuna Resources, a nonprofit that supports sustainable resource development in rural Alaska, including fighting for an international solution to issues raised by the proposed Pebble Mine project.

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