January 16, 1974 The 86 foot John N Olof went on the rocks in Portage Bay and all four crewmembers were lost. The men; John Blaalid, Arthur H Gilbert, Ivar Gjerde and David A Gilbert were all from Kodiak.
February 15, 1974 The 80 foot steel tug Martin D capsized and sank while towing logs in Sumner Strait near Wrangell Narrows. Three of four crewmembers were lost. Wind caught the barge that the Martin D was towing and blew it ahead of the tug causing her to capsize. Lost were captain Jack MacKinnon, Jack Sanders (42) and Al Kite (51). Mike MacIntyre (22) was the only survivor.
June 23, 1974 An unnamed riverboat capsized in a sudden storm with rough seas at Lutak Inlet near Haines. Seven people were lost.
September 9, 1974 Six people perished when an unnamed small boat capsized and was lost in Golovnin Bay, 90 miles east of Nome.
October 9, 1974 Two were lost when an unbalanced small boat capsized in Gambier Bay on the east shore of Admiralty Island.
November 4, 1974 Three people were lost when the private boat Tommy Boy went missing at Shelter Island near Juneau.
November 24, 1974 The freighter Geranium disappeared with all hands 70 miles south of Kiska Island in the Aleutian Islands. 28 were lost in the disaster. An empty life boat and scores of logs were all that was ever found.
December 20, 1974 An unnamed skiff was found running in circles off of Pennock Island, near Ketchikan. The vessel had signs of impact damage. One person was lost.