At a campaign event in Saco, President Trump’s son touts his father’s support for the iconic fishing industry as the reason Maine should vote to give him a second term.
fishing industry
Posted inBusiness, Maine
Feds to pay Maine lobstermen $50 million to offset trade war losses
Maine lobstermen are eligible for up to $250,000 each as part of a $527 million fishing industry bailout to help offset the impact of China’s retaliatory tariffs.
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Posted inBusiness, Maine
Maine hits snag in effort to distribute pandemic aid to seafood industry
Individual fishermen, fishing charters and seafood dealers must demonstrate revenue losses before receiving checks, probably in November.
Posted inBusiness, Maine
Portland Fish Exchange looks to shore up its future with aquaculture
A waterfront institution partners with an oyster grower to diversify its operation and offer support to the growing aquaculture industry.
Posted inBusiness, Nation / World
Record low number of U.S. fish stocks subject to overfishing in 2019
The fisheries service determined that only 22 of 321 fishing stocks were subject to overfishing last year, the agency said on Tuesday.
Posted inBusiness, Maine, News
1 in 3 Maine lobstermen lands federal pandemic loan
Lobstermen got more small Paycheck Protection Program loans than members of any other Maine industry, but the size of the average loan was small.
Posted inMaine, News
Environmental groups sue Trump, saying he can’t open marine monument to fishing
The president announced his decision during a visit to Maine on June 5, but the lawsuit contends that the Antiquities Act allows only Congress to undo a monument’s protections.
Posted inMaine
Trump opens marine monument to fishermen, promises trade relief
Reopening this southern New England territory to commercial fishing has political appeal in Maine, but little practical impact.
Posted inBusiness, Maine, News
Maine nets $20 million in federal bailout of U.S. fishing industry
Maine’s cut of the $300 million in funding under the CARES Act is nation’s fifth-highest.
Posted inBusiness, Maine
Maine fishermen seek relief, new markets to navigate ‘economic disaster’
The industry was largely shut out of the initial federal relief efforts, but advocates hope that is about to change.