Maritime News

Published on: April 30, 2024

Peter Pan Seafoods in Receivership, $60 Million in Debt

The financial troubles of Peter Pan Seafoods have escalated. The King County Superior Court in Washington state has approved a request from Wells Fargo Bank to place the seafood processor into receivership. Peter Pan’s financial affairs will be overseen by the Los Angeles-based Stapleton Group.

The petition filed last week by Wells Fargo Managing Director Gary Harrigian asked the court to appoint Stapleton Group as controller of Peter Pan Seafoods assets.

Mr. Harrigian asserted in his petition that appointing a receiver was imperative “to protect, preserve and maximize the value of the business and assets, including, without limitation, the collateral, and its revenue-producing potential to avoid further loss, injury and impairment.”

Published on: April 2, 2024

Fisherman Found Dead Inside F/V Westerly

by Nigel Stacey

On Thursday March 28^th, 2024, a fisherman lost his life in a fishing boat accident off Point Reyes, California. The incident was reported at approximately 4:30 p.m. prompting a response from the Sonoma County Sheriff’s Office Helicopter Unit, known as Henry-1. The vessel involved was identified as the F/V WESTERLY, a Dungeness crab fishing boat that crashed onto the rocks near Chimney Rock. Reports indicated that the boat was lodged on the rocks, battered by waves that forced it onto its side. The damaged vessel began sinking.

A rescue swimmer from the U.S. Coast Guard was dispatched and found an individual aboard the vessel. According to the sheriff’s office, the swimmer was unable to access the cabin without breaching equipment. The Henry-1 team executed a rescue operation, bringing in breaching equipment and a paramedic from the Marin County Fire Department. The tactical flight officer and paramedic gained entry to the cabin and found a deceased individual later identified as Matthew Paul, a 49-year-old commercial fisherman from Half Moon Bay. Mr. Paul’s remains were transported by air to the Marin County Coroner’s Office, where an inquiry into the cause of death is expected.

The first person to notice the vessel near the Marine Protected Area of Point Reyes was a ranger at the Point Reyes National Seashore. Upon discovering the vessel, the ranger quickly notified the relevant authorities, prompting a collaborative effort among several agencies.

Published on: March 12, 2024

West Coast Ocean Salmon Season: Options Open for Public Review

by Joseph Stacey

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. Extensive details regarding starting dates, open areas, and catch limits for the three options can be found on the Council’s website at www.pcouncil.org .

The projections for West Coast Chinook and coho stocks in 2024 present a varied outlook, encompassing both declines and increases compared to the previous year. Primary constraints for this year’s ocean salmon fisheries will be the federal mandates aimed at conserving Fraser River (Canada) coho, Washington coast natural coho, lower Columbia River natural coho, Klamath River fall Chinook, and Sacramento River fall Chinook populations.

“Meeting our conservation and management objectives continues to be the highest priority for the Council,” said Council Chair, Brad Pettinger. “Balancing those objectives while providing meaningful commercial and recreational seasons remains a challenge in 2024.”

Published on: March 5, 2024

Bering Sea Trawling Study Postponed

by Nigel Stacey

A federal agency has decided not to proceed with a controversial bottom-trawling experiment that was planned this year for the Northern Bering Sea. Tribal and environmental groups, prepared to take legal action to stop the project, are welcoming the decision.

The Northern Bering Sea Effects of Trawling Study (NETS) aims to investigate the consequences of commercial bottom trawling, a fishing technique utilizing nets to sweep the seafloor, in an area of the Bering Sea where it is presently prohibited. Despite the ban on bottom trawling in the Northern Bering Sea, the study anticipates that changes in fish populations due to climate change may create future pressures for its implementation in the region.

The research project, slated to begin as early as August, is structured as a multiyear endeavor. Janet Coit, the director of NOAA Fisheries, conveyed the decision via email to tribal organizations that had voiced objections to the project.

Published on: February 27, 2024

USDA to Purchase Millions of Pounds of Alaska Seafood

by Joseph Stacey

AlaskaSeafood-300x157 On Tuesday February 14^th, 2024, the Alaska Seafood Marketing Institute (ASMI) announced that the U.S. Department of Agriculture (USDA) will make a significant purchase of Alaska salmon and pollock in support of food and nutrition initiatives.

The ASMI stated that the purchase of seafood aims to support people experiencing food insecurity as well as school lunch programs. These purchases are being made possible through Section 32 of the Agricultural Adjustment Act of 1935. This program assists U.S. agricultural food markets by purchasing commodities to relieve market surpluses, which in turn stabilizes agricultural income and prices.

“USDA’s Section 32 purchase announcement is great news for Alaska—almost $100 million of Alaskan seafood for people experiencing food insecurity. This purchase won’t just bolster Alaska’s seafood industry and support our coastal communities, but will help bring the highest-quality and healthiest seafood products in the world to families in need. I am grateful for the USDA’s investment in our fishermen and the health of Americans,” said Sen. Murkowski.

Published on: February 13, 2024

Fire at Peter Pan Seafood in Sand Point, Alaska

by Joseph Stacey

Fire-300x224 On Wednesday, February 7^th, 2024, a fire broke out at the Peter Pan Seafood facility in Sand Point, Alaska.

According to Edith Mejia, who serves as both the office manager and dispatcher for the police department, the fire likely began sometime between 7 a.m. and 8 a.m.

According to a press release issued by Peter Pan Seafood, both the warehouse and the nearby stockroom were affected by the fire. The company reported that there were no known injuries.

Published on: February 6, 2024

OBI Seafoods Closes Larsen Bay This Season

by Nigel Stacey

On Wednesday, January 31^st, 2024, OBI Seafoods verified that the Larsen Bay facility on Kodiak Island will remain closed for the 2024 salmon season. John Hanrahan, the CEO of OBI Seafoods, stated that operations will cease at the Larsen Bay plant due to the “poor pink salmon forecast” from Alaska’s Department of Fish and Game (ADF&G) as well as challenging market conditions for salmon products.

In November 2023, John Hanrahan was promoted to CEO from his previous position as Chief Operating Officer overseeing sales and marketing. He succeeded Mark Palmer after his retirement.

OBI Seafoods, based in Seattle, Washington, was established in 2020 following the merger of Ocean Beauty Seafoods and Icicle Seafoods. This strategic merger created an entity with a more competitive edge against competitors Trident Seafoods and Silver Bay Seafoods. OBI Seafoods has since become a prominent participant in Alaska’s salmon fishery.

Published on: January 2, 2024

Ocean Beauty Seafoods reveals plan to sell distribution business

by Nigel Stacey

In an official statement, Ocean Beauty Seafoods revealed that distribution operations, with facilities located in Astoria and Portland, Oregon; Boise, Idaho; Dallas, Texas; Helena, Montana; Renton, Washington; and Salt Lake City, Utah, are currently for sale.

The company further stated that the sale aligns with the “long-term business strategy” of Bristol Bay Economic Corporation as well as the three individual investors who have held ownership since the mid-1990s. They report that they are diversifying into alternative investments.

“The owners feel that this is a good time to explore selling the distribution operation due to its strong performance in recent years,” Ocean Beauty Distribution President and COO Mike Coulston said.

Published on: November 28, 2023

Derelict Vessel El Capitan Sinks off Orcas Island

by Nigel Stacey

U.S. Coast Guard Sector Puget Sound, the Washington Department of Ecology, and the Islands’ Oil Spill Association (IOSA) were deployed on Saturday, November 18^th, 2023, to address the sinking of the 80-foot vessel EL CAPITAN at West Sound Marina on Orcas Island.

Watchstanders at Sector Puget Sound command center were alerted by West Sound Marina about the rapidly sinking vessel near the pier in roughly 30 feet of water, and a visible sheen was observed.

Coast Guard Pollution Responders promptly informed IOSA, who arrived at the scene and worked with the marina to deploy booms and absorbents. As a precautionary measure, IOSA brought several trailers loaded with additional boom supplies. The Washington Department of Ecology also responded to support IOSA’s efforts. Throughout the weekend, IOSA monitored the sinking vessel.

Published on: November 21, 2023

Coast Guard Helicopter Crashes in Alaska

by Joseph Stacey

Four Coast Guard personnel sustained injuries following the crash of their MH-60 Jayhawk during a search and rescue mission in Alaska. The Air Station Sitka based helicopter crashed on Read Island, just south of Juneau.

At approximately 8 p.m. on Monday, November 13^th the F/V LYDIA MARIE began taking on water amidst the rough seas of Frederick Sound. A distress signal was promptly transmitted by the ship’s captain to the U.S. Coast Guard, and the vessel navigated towards the sheltered northern coast of Read Island in Farragut Bay while awaiting assistance.

According to reports, the initial responders to Monday night’s Air Station Sitka helicopter crash were the crew members from the distressed fishing vessel the U.S. Coast Guard was dispatched to assist. Two brothers aboard the F/V LYDIA MARIE reportedly played a pivotal part in rescuing the stranded air crew after hearing the crash.