Pacific Maritime Magazine - Marine Business for the Operations Sector

Hyak Takes Over Astoria's North Tongue Point


February 1, 2018

The long under-utilized North Tongue Point site on the Columbia River, once a US Navy base, has been taken over by Hyak Maritime. Photo courtesy of Port of Astoria.

Hyak Tongue Point, recently formed by Hyak Maritime, has purchased a parcel of industrial land on the lower Columbia River known as North Tongue Point from the Washington Development Company for $4.1 million. The site, which includes 30 acres of industrial dock space bounded on the north by the Tongue Point Job Corps Center, was formerly leased by the Port of Astoria, which agreed to back out of its 10-year agreement two years early to allow the sale to go through.

The Port leased the site, a former World War II-era Naval base, eight years ago with hopes of turning it into a shipping terminal but could never find the right tenant. Hyak, which has been building tugs and barges at Vancouver, Washington, plans to create a marine fabrication and repair facility on the site to support the commercial fishing industry as well as tug and barge businesses.

With its purchase, Hyak is taking over approximately three dozen subleases from the Port involving a number of firms, one of which is marine repair and fabrication company WCT Marine & Construction which last year purchased J&H Boatworks, one of the Port of Astoria's first tenants at the site.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 10/22/2020 09:04