LET’S CONNECT
Sealaska announced in October that it has plans to acquire equity in two leading Icelandic seafood companies – IceMar and AG Seafood. Some might wonder why an Alaska Native Corporation in Southeast Alaska would invest in Iceland. The reality is that fisheries in Alaska and Iceland share important qualities when it comes to seafood. Their … Continued
Sealaska measures the success of our businesses through operating EBITDA growth. EBITDA – Earnings before Interest Expense, Taxes, Depreciation and Amortization – gives us insight into how our businesses are performing financially before accounting adjustments or expenses that are unrelated to the running of those operations. As shown in the chart above, EBITDA from our … Continued
Five years ago, when Sealaska began to embrace the idea of businesses revolving around ocean health, the concept was just an aspiration, COO Terry Downes said at this year’s annual meeting. It was an idea inspired by Sealaska’s owners, rooted in the collective wisdom, heritage and knowledge of thousands of people, cultivated over thousands of years in … Continued
NESI also won Retail Supplier of the Year honor in 2018 and 2020 Sealaska company New England Seafood International (NESI) has been honored with the prestigious Marine Stewardship Council (MSC) Retail Supplier of the Year award, which recognizes outstanding achievement and performance in sustainable fishing and seafood. It’s the third time the MSC has named … Continued
Investments bring access to Iceland’s quality and rigor Oct. 1, 2021 (Juneau, AK)—Sealaska, an Alaska Native Corporation owned by 23,000 Tlingit, Haida, and Tsimshian shareholders, today announced it has plans to acquire equity in two leading Icelandic seafood companies as part of its work to foster ocean health by growing demand for delicious, sustainably sourced … Continued
At Vandenberg Air Force base in 2019, Air Force staff and partners were focused on cleansing groundwater that had been polluted with chlorinated hydrocarbons, runoff from solvents that were used to spray down missile engines prior to launch. But the challenge was bigger than toxins in the water. Threatened vernal pool fairy shrimp, red-legged frogs and other endemic species in a nearby stream had to be protected from both the pollutants … Continued
The 2020 Sealaska annual report was sent to shareholders on May 5, 2021. Sealaska’s communications team met with President & CEO Anthony Mallott to get his thoughts on last year’s performance and describe how the company’s ocean health businesses are leading to increased shareholder benefits. The full annual report is available online by clicking here. … Continued
The next time you find yourself on a beach, grab a handful of sand and look at it closely, suggests oceanographer Jesse McNinch. That sand is a detective story, he says, encoding the tales of millions of years of natural history. “Geology is like the earth’s stenographer,” Jesse says. “It’s always recording everything that’s happening. … Continued
The following letter from Sealaska Board Chair Joe Nelson was published in the Q1 newsletter, which mailed to shareholders in early April. To view the full newsletter, click here. Dear Shareholders, For many of us, the first signs of spring are a welcome change. The increase in daylight lures us outdoors. The fresh air and … Continued
A spring 2021 distribution of $21.3 million builds on the many other investments Sealaska is grateful to be able to make to support its shareholders and communities. The distribution includes dividends from the company’s growing ocean-health business operations ($6.8 million) and the Marjorie V. Young (MVY) Shareholder Permanent Fund ($2.5 million). Distributions to shareholders were … Continued
