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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, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
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Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.