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|Articles - July/August 2013|
|Monday, July 08, 2013|
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The industry began to revive around 2005, says Hal Hockema, a naval architect for Seattle-based Hockema & Whalen Associates. The favorable exchange rate for U.S.-caught fish and the premium on wild salmon made commercial fishing a lucrative occupation once again, as did the strategic fisheries management via federal- and state-set quotas.
“Wahl stayed with it while others dropped out, and now that the market is coming back, he’s in a good position to meet it,” Hockema says. “He’s kind of a last man standing.” Staffed by about 75 employees, Fred Wahl’s shipyard can construct a boat in six to seven months and, unlike most others, fabricates all its own tools from scratch, welding together everything from cranes to anchor winches to shaft couplings.
Wahl’s specialty boat to date is the Arctic Fox, a 58-foot design he developed in 2007 and has replicated a dozen times. The seiner fits the regulatory length limits of Alaskan fisheries but compensates by being as wide and deep as possible.
Commercial fisherman Matt Giambrone, whose 58-foot Magnus Martens is one of the three new boats headed for Alaska this season, says the design squeezes maximum performance out of the length limit. The boat can hold a lot of gear and 200,000 pounds of fish at once, which reduces the number of port trips needed to unload.
“It used to be, to pack that much fish, you’d be looking at a boat that was 80 feet long,” Giambrone says.
To meet a need he predicts will arise in coming years, Wahl recently designed and built a 114-foot stainless steel crabbing vessel called the Victory. His largest boat yet — and hopefully (depending on demand) a prototype for many more to come — the Victory will take on the Bering Sea this summer.
While Wahl’s shipyard is currently busier than ever, Wahl’s son Mike, who started as a purchasing agent when he was 20 and now oversees the yard day-to-day, says he cannot predict what the future will bring. He does know one thing for sure, though: “The good old days are right now,” he says. “We’re rolling through them.”
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Thursday, June 26, 2014
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.