Northline Seafoods has successfully negotiated a bond deal that will see courts release custody of its freezer barge Hannah.
According to court documents, Northline Seafoods – through its subsidiary Sayak Logistics – has agreed to file a special bond of USD 1.378 million (EUR 1.242 million) with the clerk of court for the U.S. District Court for the Western District of Washington. The move stays the order of arrest on the Hannah, freeing Northline to use the vessel in the upcoming Bristol Bay salmon season.
The move comes after a U.S. district court judge issued a warrant for the arrest of the Hannah after one of the contractors on the vessel filed legal claims against Northline for work it said was never compensated for.
According to court documents, Leo’s Welding performed nearly USD 2 million (EUR 1.8 million) of work for Northline on its vessel, which the company claims it was never compensated for.
Northline said that a vessel fire that caused it to run at reduced capacity led the company to take a financial hit in 2024 and said in a court filing that Leo’s was not fully paid, “along with other vendors.” However, it had ...