Page 38: of Marine News Magazine (October 2010)

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All American Marine (AAM)

President Matt Mullett said “We started 2010 with an encouraging backlog and the new contracts we recently signed will ensure a steady workload lasting well into 2011.”

AAM specializes in the construction of custom aluminum catamarans and monohulls for survey, research, ferry, patrol, eco-tour, fishing and dive applications. “We went back to our roots and are in the process of building several

Bristol Bay sternpicker fishing boats this year. Our founding partner worked with our naval architect (Teknicraft Design, Ltd.) to offer a newly engineered design for this niche market. The fishery has rebounded, prices are up, buyers are paying a premium for fish that have only been refrigerated and the matu- ration of capital construction funds are sparking strong interest in new fishing vessel construction.”

There are other interesting high- lights in vessel construction, Mullet said. “I have been a bit surprised by the number of contacts we have made this year who are looking to start up new passenger vessel service.

Economic hardships and environ- mental concerns may finally be push- ing commuters harder to seriously consider waterborne transit as a viable option.”

Also Mullet said “One market seg- ment that seems to remain isolated from the effects of the recession is the oceanographic survey and research vessel market. We are speculating that the demand for these specialized vessels will only grow as the planning of offshore wind farms commences and regulations are implemented in 38 MN October 2010

MarineNews Yearbook

Boatyards 2010

Artist rendition of the USCG's Sentinel Class 154-ft Patrol Boats currently under construction at Bollinger Shipyards. (Photo courtesy Bollinger Shipyards)

Matt Mullett “I have been a bit surprised by the number of contacts we have made this year who are looking to start up new passenger vessel service. ”