Fishermen’s Finest CEO Helena Park Made Disciplined Bold Investment in $80 Million Factory Trawler

AmericansFinest

Seafoodnews.com [Puget Sound Business Journal], April 1, 2015
By Melissa Crowe

AmericansFinest

In 2014, Helena Park put a deposit on an $80 million factory trawler.

The move for the owner and CEO of Kirkland-based Fishermen’s Finest was a bold one.

The fishing company makes its money catching, processing and exporting fish to Japan and China.

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Seafood Entrepreneur: The Korean Woman Company Founder Who Pushed for Americanization of Alaskan Groundfish Fishery

Fishermen’s Finest CEO Helena Park, aboard the American No. 1, in the late 1980s, checks in on the cook of her crew.

undercurrentnews.com, August 20, 2015
By Jeanine Stewart

Fishermen’s Finest CEO Helena Park, aboard the American No. 1, in the late 1980s, checks in on the cook of her crew.

Fishermen’s Finest CEO Helena Park, aboard the American No. 1, in the late 1980s, checks in on the cook of her crew.

Late one night on the remote island of Unalaska, the site of Alaska’s tiny groundfish processing town Dutch Harbor, Korean-born Fishermen’s Finest founder and CEO Helena Park went from fisherman’s wheelhouse to fisherman’s wheelhouse, knocking on doors to gauge interest in a new business plan.

“My ultimate goal was to have a catcher processor,” Park told Undercurrent News, referring to her desire to go in on a vessel purchase with a fishermen two years into her career in the Alaska groundfish industry. “But I didn’t have the boat, so in the interim, I got to know these fishermen.”… Continue Reading

O’Hara Corp Christens First New Amendment 80 Vessel in Nearly 30 Years

Araho, O'Hara Corporation's new vessel

undercurrentnews.com, August 11, 2015
By Jeanine Stewart

Araho, O'Hara Corporation's new vessel

Araho, O’Hara Corporation’s new vessel

The O’Hara Corporation christened the first new vessel to join Alaska’s flatfish sector in nearly three decades this summer, marking a major milestone for the aging fleet and sending waves of excitement through the industry.

A video posted on the company’s Facebook page shows the hull of the new vessel — named the Araho — being launched into the water, in time for completion by the Alaska Bering Sea and Aleutian Islands flatfish fishing season’s start in late January. In a rare move, the company had it built on US soil. Eastern Shipbuilding Group constructed the 194-foot freezer trawler at its home-base in Panama City, Florida…. Continue Reading

Alaska Groundfish Fleets Face Big Blow from Halibut Bycatch Proposals

America's Finest

undercurrentnews.com, March 9, 2015
By Jeanine Stewart

America's Finest

America’s Finest, the new ship Fishermen’s Finest is building, will replace one of its two vessels – the American No. 1 or the US Intrepid. Credit: Skipsteknisk

Bering Sea and Aleutian Islands (BSAI) groundfish fleets are staring down at what could be a shocking blow to revenues next year.

The North Pacific Fishery Management (NPFMC) is considering halibut bycatch allocation reductions for BSAI groundfish fleets ranging from 10% to 50%, with a final vote slated for its June meeting.

As the potential impacts of this blow begin to sink in, one company — three-decade old Fishermen’s Finest — has already assessed the damages, and they’re not pretty. The company expects the cuts to have a devastating one-to-one impact on revenue for Amendment 80 flatfish fishing operations in the Bering Sea.
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