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August 2018

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Articles

Alaska Trends: August 2018

In 2015 the Port of Tacoma and Port of Seattle partnered to form the Northwest Seaport Alliance (NWSA), becoming the fourth-largest container gateway in North America and a vital piece of marine transportation to and from Alaska. In its 2017 Annual Report, NWSA states the value of two-way international trade moved across its docks was $75.3 billion.

Electronic Eye

The longevity of many businesses relies heavily on the use of video security and surveillance equipment, according to Christopher Meador, the owner of Northern Security and Surveillance. Any assets that are not bolted down are subject to being stolen, he says, but video cameras can be a deterrent. “Cameras, basically, keep honest people honest and criminal people wondering if they will be caught,” he explains.

Oil Search Expands from the Tropics to the Arctic

At first glance, it’s hard to imagine why Papua New Guinea-based Oil Search decided to venture into the Arctic after almost ninety years in the tropics. Their acquired assets, which they took operatorship of in March, include a 25.5 percent interest in the Pikka Unit and adjacent exploration acreage and a 37.5 percent interest in the Horseshoe Block. These leases contain the Nanushuk field, thought to be one of the largest onshore conventional oil discoveries made in the United States in the last three decades.

Alaska’s Traveling Patients

Hospitals in urban and rural areas, telemedicine, and rural clinics with modern technology where previously none existed have made 21st century healthcare more accessible for Alaskans than ever before. But Alaskans still may need to travel Outside for specialized treatment, and often those travels lead to the Pacific Northwest.

Five Places to Buy Aquatic Gear in Alaska

Alaska is home to a seemingly endless numbers of lakes, rivers, and streams and boasts more coastline than all the coastal states in the Lower 48 combined. With all this water there are thousands of opportunities for water-based sports and activities throughout the state.

Eat, Shop, Play, Stay: August 2018

Alaska is home to a seemingly endless numbers of lakes, rivers, and streams and boasts more coastline than all the coastal states in the Lower 48 combined. With all this water there are thousands of opportunities for water-based sports and activities throughout the state.

Mine Site Reclamation

Coal and gold are only two of several precious resources produced in the state. Alaska’s six currently producing mines—Fort Knox, Greens Creek, Kensington, Pogo, Red Dog, and Usibelli—produce zinc, silver, gold, lead, and coal.

Haul Out or Clean Up

For many Alaskans it’s still necessary to use fuel tanks to heat their homes as well as to provide fuel for commercial businesses and government facilities. And while these tanks are vital to the state’s well-being, they are often out of sight and out of mind—which means that no one pays much attention to them until there’s a problem.

Executive Snapshot: KeyBank’s Alaska Market Leader Lori McCaffrey

Lori McCaffrey is a multifaceted executive whose essence can be encapsulated in three key words: finance, family and faith.

Transforming Trash to Treasure

One of the most noble goals of three Alaska nonprofits—Habitat for Humanity Anchorage, Anchorage re:MADE, and Goodwill—is to help people get back on their feet by providing access to homes, job training, networking opportunities, and more. What people may not realize, however, is that they are able to fund many of these programs by also helping the environment.

Alaska’s Unnatural Resources

Because cement is essential to the production of concrete, a primary building material for the construction industry, ceasing concrete production isn’t a solution. Instead, many environmentally-minded individuals and businesses search for ways to reduce waste or repurpose already manufactured products.

Islands of Power

Renewable energy projects, especially solar, operate at scales of much larger magnitude in the Lower 48 than in Alaska. But size isn’t everything, and there has been a strong uptick in the development of renewable energy projects in the Alaska since 2008.

Avoid Amateur Advertising: Consult with the Experts

Marketing for new or regenerating companies requires different techniques than for established businesses or even companies operating in a different market like the Pacific Northwest. Professional marketers can help new businesses successfully get out of the starting gate and navigate the marketing landscape during their initial years of getting established.

Islands to Islands

A little more than three years ago Matson acquired Horizon Lines’ Alaska assets for a total transaction value of $469 million, taking its first step into the Alaska marketplace. Kenny Gill, who had worked for Horizon since 2004, stepped into his current role as Matson vice president, Alaska in 2015 (at the time of the acquisition). Since then, he says, it’s been “nothing short of fantastic. "Culturally we’re a fit—a lot of the same types of people and values. What Matson has done is infused a sense of confidence in the team here.”
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