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>>

National Fisherman Live

National Fisherman Live: 3/10/15

In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.

National Fisherman Live: 2/24/15

In this episode:

March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received

Inside the Industry

Alaska Gov. Bill Walker is required by state statute to appoint someone to the Board of Fisheries by today, Tuesday, May 19. However, his efforts to fill the seat have gone unfulfilled since he took office in January. The seven-member board serves as an in-state fishery management council for fisheries in state waters.

The resignation of Walker’s director of Boards and Commissions, Karen Gillis, fanned the flames of controversy late last week.

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Keith Decker, president and COO of High Liner Foods, will take over for the outgoing CEO, Harry Demone, who will assume the role as chairman of the board of directors. The Lunenburg, Nova Scotia-based seafood supplier boasts sales in excess of $310 million (American) for the first quarter of the year.

Read more...
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