Hurricane damaged Seattle company’s Alaska-bound factory trawler in Florida shipyard
Seattle Times (WA)
Oct. 12--Hurricane Michael ripped an almost-finished Alaska factory trawler built for a Seattle company from a shipyard mooring in Panama City, Florida, and left it lying on its starboard side in the shallow water of Saint Andrews Bay.
"The boat was nearing completion, and because of all the destruction down there we have not been able to survey the vessel," said Jim Johnson, president of Seattle-based Glacier Fish Co., which is responsible for managing the ship.
The 261-foot-long North Star was constructed by Eastern Shipbuilding in Panama City, which was hit hard by the Category 4 hurricane that slammed ashore earlier this week, bringing fierce winds and storm surges. The ship was scheduled to journey north next month, and this winter start netting and processing Alaska groundfish with a crew of some 50 people.
"There is a lot of work and a huge amount of effort that goes into this, and we were so close," Johnson said.
Johnson said Glacier Fish is now working with shipyard, insurance and salvage officials to retrieve the vessel and survey its condition. He said it's too early to talk about what type of damage it may have sustained.
The company has not disclosed the cost of building the vessel.
Glacier Fish is a part-owner of Iquique US, also of Seattle, which built the North Star and also operates four other vessels that catch and do initial processing of yellowfin sole, rock sole and other groundfish. Glacier Fish also operates three of its own vessels.
Global Business Health Insurance Market Is Exploring Including Key Players – Allianz, AXA, Aviva, Sumitomo Life Insurance, MetLife, Allstate
Make that three candidates running for Jolie Justus’ KC council seat
Advisor News
- How advisors can help frugal retirees finally enjoy their savings
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
More Advisor NewsAnnuity News
- Jackson Announces New Annuity Offering for AARP Members
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
More Annuity NewsHealth/Employee Benefits News
- GOTTHEIMER JOINS NORTH JERSEY FAMILIES HELPED WITH MILITARY PENSION BACK PAY, HEALTH INSURANCE COVERAGE, IRS REFUNDS, AND MORE
- Mending Health moves into conservatorship as Oklahoma steps up oversight
- Genworth's McInerney to retire
- Genworth Financial's McInerney to retire
- Let’s stop being insurance salespeople
More Health/Employee Benefits NewsLife Insurance News
- Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
- Jackson Announces New Annuity Offering for AARP Members
- Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
- FINANCIAL FRAUD
More Life Insurance News