Trident Seafoods

Published on: October 22, 2024

Pacific Seafood will Acquire Trident Seafoods Kodiak Operations

Trident Seafoods and Pacific Seafood have reached a preliminary agreement for Pacific Seafood to acquire Trident’s processing operations in Kodiak, Alaska. While the transaction is still subject to completion of the due diligence process, both firms expect to finalize the agreement by November.

In a joint statement, the companies emphasized their shared commitment to maintaining job security and ensuring uninterrupted operations throughout the transition.

“Our top priority is to reassure employees and the fleet that this is a handoff, not a shutdown,” said Joe Bundrant, CEO of Trident Seafoods. “We are committed to a smooth transition with Pacific Seafood, so they are well prepared to operate for the 2025 A season.”

Published on: June 11, 2024

Silver Bay Seafoods will acquire Trident Seafoods False Pass Facilities

by Nigel Stacey

On Friday, June 7^th, 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. With this latest addition, Silver Bay will be overseeing salmon at their facilities in Southeast Alaska (Craig, Sitka, Ketchikan), south-central Alaska (Valdez), Kodiak, Bristol Bay (Naknek), and now the Alaska Peninsula (False Pass).

By acquiring the Valdez plant in Prince William Sound and the False Pass plant in Southwest Alaska, Silver Bay has effectively doubled its capacity. The False Pass plant, which Silver Bay opened in 2019, is now an integral part of this expansion.

False Pass is a remote fishing community in southwest Alaska, situated on Unimak Island between the tip of the Alaska Peninsula and the Aleutian Islands. Trident’s False Pass operation was fully dedicated to processing salmon.

Published on: May 14, 2024

Fire Alarm Aboard F/V Kodiak Enterprise Never Sent an Alert

by Nigel Stacey

The National Transportation Safety Board (NTSB) has issued its findings on the fire incident that engulfed the F/V KODIAK ENTERPRISE on April 8, 2023. At around 3:00AM, a fire broke out aboard the commercial F/V KODIAK ENTERPRISE while it was docked at the Trident Seafoods facility in Tacoma, Washington.

The initial sighting of the fire came from a deckhand aboard a neighboring vessel. A Trident security guard was alerted, who in turn notified a Trident official. The official then alerted the four crewmembers who were sleeping onboard during the scheduled overhaul. Fortunately, all emerged unharmed from the incident.

The fire raged for six days until first responders finally declared it extinguished on April 14th. No pollution or injuries were reported from the incident. However, the F/V KODIAK ENTERPRISE, valued at an estimated $56.6 million, was declared a total loss.

Published on: August 8, 2023

Trident Seafoods begins construction at Captains Bay

by Joseph Stacey

Trident Seafoods is in the process of constructing the initial bunkhouses for their upcoming processing plant located in Captains Bay, Unalaska. The company hopes to have the plant operational by 2027.

The Aleutian Islands and Bering Sea are known for some of the most productive fishing grounds globally. The region is famous for harvesting Alaska pollock, the whitefish commonly used in products like fish sticks and McDonald’s Filet-O-Fish sandwiches.

A sizable portion of the harvested pollock is currently processed at the expansive Trident Seafoods facility in Akutan. However, due to aging infrastructure and years of wear and tear, the seafood company has elected to construct a new facility.

Published on: April 11, 2023

Fire Aboard Trident Seafoods F/V Kodiak Enterprise

by Joseph Stacey

The 276-foot F/V KODIAK ENTERPRISE caught fire early Saturday morning April 8^th while moored at Trident Seafoods in the Tacoma Hylebos Waterway. The vessel was still burning as of Monday, April 10^th. The U.S. Coast Guard, The Tacoma Fire Department, the Washington Department of Ecology, the Environmental Protection Agency, and several other agencies have responded to this incident.

It is reported that the fire spread throughout the ship, which authorities believe has an estimated 19,000 pounds of freon and 55,000 gallons of diesel onboard. It was reported that the fire had progressed to within 100 feet of the freon tanks.

These vessel freon tanks are designed with pressure sensitive valves that release gas in emergency situations, such as overheating. Freon gas can be toxic in confined spaces or when inhaled in large quantities, but the release of the gas into the atmosphere isn’t expected to put the public at risk.