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Coastal Villages Region Fund.

The reality of parking Coastal Villages Region Fund's 100 percent owned and controlled fishing vessels in Alaska has moved a step closer with CVRF's decision to park five of its salmon and halibut tender vessels in Seward this winter: the Wassilie B (107 feet), the Camai (115 feet), the Kelly Mae (135 feet), the Hawk (73 feet) and the Gildy Logger (150 feet).

As for CVRF's larger deep draft vessels that fish for pollock, crab, and cod--the Northern Hawk (341 feet), the Arctic Sea (135 feet), the North Sea (126 feet), the Bering Sea (110 feet), the Lilli Ann (141 feet), the Deep Pacific (130 feet), and the North Cape (123 feet)--the parking space and services are not yet available in Alaska.

The City of Seward was awarded $400,000 to begin a relocation study in 2011 that was completed in early 2012. An additional $10 million is tagged for Seward's port project in the $453 million transportation bond package that passed Nov. 6, 2012. The study revealed that substantially more than $10 million is needed to adequately construct the port to meet Coastal's growing and potential needs.

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Author:Gallion, Mari
Publication:Alaska Business Monthly
Article Type:Brief article
Geographic Code:1U9AK
Date:Jan 1, 2013
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