On Friday, June 7th, 2024, Trident Seafoods and Silver Bay Seafoods announced that Silver Bay is set to acquire Trident Seafoods False Pass processing facility and fuel business on the Alaska Peninsula. This is Silver Bay’s second big move in a region where they already have a presence processing salmon.…
Articles Posted in Maritime Economy
Renovation Begins at Historic Fisherman’s Terminal
The team at Stacey and Jacobsen, PLLC is delighted to announce that The Port of Seattle has broken ground and begun the renovation and modernization of the historic Ship Supply Building at Fishermen’s Terminal. The community can expect a state-of-the-art Maritime Innovation Center (MInC) certified by the Living Building Challenge…
Partners Nigel Stacey and Joe Stacey Judge 31st Annual Judge John R. Brown Admiralty Moot Court Competition
Last week, Nigel Stacey and Joe Stacey, partners at Stacey and Jacobsen, PLLC, were honored to serve as judges for the esteemed 31st Annual Judge John R. Brown Admiralty Moot Court Competition. This annual competition hosted 32 law school teams from across the country to deliver arguments on issues pertaining…
Peter Pan Suspends Summer and Winter Production Indefinitely
Peter Pan Seafood’s future has been uncertain since January when the company disclosed plans to shutter its King Cove facility for the winter fishing seasons of cod, whitefish, and crab. Today, the company has officially announced it will “suspend operations at its processing facilities, ceasing both summer and winter production…
West Coast Ocean Salmon Season: Options Open for Public Review
The Pacific Fishery Management Council (Council) has crafted three options for 2024 ocean salmon fisheries along the coasts of Washington, Oregon, and California, now open for public assessment. A final verdict on salmon seasons should be reached during the Council’s upcoming meeting scheduled for April 6-11, 2024, in Seattle, WA.…
No Processing for Peter Pan Seafood at King Cove Plant
Peter Pan Seafood has been processing Alaskan seafood including salmon, halibut, crab, and caviar since 1912. With processing plants in Dillingham, Port Moller, King Cove, and Valdez, they employ approximately 1,310 people during peak season. The fishing industry in Southwest Alaska is facing a significant blow as Peter Pan Seafood…
Secretary of Commerce Gina Raimondo Approves Disaster Declarations for Alaska and Washington
U.S. Secretary of Commerce Gina Raimondo announced on December 16th, 2022, the approval of multiple Alaska and Washington fishery disaster requests. This approval is based on data submitted by states and/or local tribes. “America’s fisheries are a critical part of our national economy and directly impact our local communities when…
King Crab Hatcheries in Alaska
Western Alaska has been hit hard economically by the long-term decline in crab stocks. This year, the Bering Sea snow crab total allowable catch was reduced by 90 percent while the Bristol Bay red king crab fishery has been closed entirely. This week, changes were made to House Bill 41,…
Maritime High School Opens Doors Fall 2021
We are pleased to report that Maritime High School will open its doors to the first class of 9th graders this fall. The school is in Des Moines, Washington, just south of Seattle. Students from across the Puget Sound region with an interest in maritime careers will have the unique…
Alaska Fishing Season Begins Amidst COVID-19 Pandemic
Salmon fishing season is about to begin, but nothing is business as usual this year. In just a few weeks, about 400 fishermen and processing workers will arrive in Cordova, Alaska for the opening of King Salmon and Copper River Sockeye season. The town of Cordova has a full-time population…