Constructing a new factory trawler fishing vessel in the United States is not an undertaking for the faint of heart. Thinking back to an article written about 10 years ago, industry scholars predicted a boom in shipbuilding to replace the Alaskan fishing fleet. While naval architects, shipyards and equipment suppliers saw a boom in their immediate future, the renewal of the fishing fleet has barely begun. In fact, less than 5% of the fishing trawlers in the Alaskan fishery have been replaced.

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