ARCTIC ALASKA FISHERIES ADDS NEW CRAB VESSEL
ARCTIC ALASKA FISHERIES ADDS NEW CRAB VESSEL SEATTLE, Jan. 8 /PRNewswire/ -- Arctic Alaska Fisheries Corp.
(NYSE: ICE) today announced it has acquired a new crab catcher- processor, bringing to 11 the number of crab boats and 34 the total number of vessels in its fleet.
Terms of the acquisition were not disclosed. Ron Jensen, Arctic Alaska president and chief executive officer, said the company acquired the 180-foot vessel from an Alaska-based concern, renaming it the Kiska Enterprise. The ship, which is capable of catching, processing and storing frozen crab at sea, will be manned by a crew of about 20. The purchase of the Kiska Enterprise follows the recent addition of the Atka Enterprise to the company's crab fleet. Arctic Alaska owns a majority interest in the recently converted 197-foot Atka. "These two vessels," said Jensen, "will immediately enhance our production of Bering Sea opilio, or snow crab, for the 1992 season, as they'll operate well into June under an increased quota." In addition to crab catcher-processors, Arctic Alaska operates bottomfish factory trawlers, surimi factory trawlers, floating processors, catcher boats, longline and scallop catcher processors and freighters. Arctic Alaska Fisheries Corp. is the largest, and only publicly held U.S. fishing and at-sea processing company. Company vessels generally operate in the 200-mile exclusive economic zone off Alaska, catching crab and bottomfish such as pollock and cod. The catch is processed into a variety of seafood products that are sold domestically, to Japan and other export markets primarily under the Arctic Ice(R) trademark. -0- 1/8/92 /CONTACT: Rob Trafton of Arctic Alaska Fisheries Corp., 206-292-4000/ (ICE) CO: Arctic Alaska Fisheries Corp. ST: Washington IN: FOD SU:
JH-TB -- SE002 -- 7615 01/08/92 09:03 EST
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|Date:||Jan 8, 1992|
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