U.S. lobster prices have plummeted to the lowest in at least 4 years after the spread of the virus halted charter flights to Asia.
lobster
Posted inBusiness, Local & State
Though Maine’s lobster harvest was smallest in 9 years, value remained steady
The average per-pound price in 2019 was a whopping $4.82, the highest since Maine began tracking lobster hauls back in 1880.
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Posted inBusiness, Local & State, News
State reverses course, leaves menhaden fishery open
Maine will create a commercial menhaden fishing license in 2021, but it won’t close the growing bait fishery as previously planned.
Posted inBusiness, Local & State, News
Maine company envisions using lobster blood in new drugs
Lobster Unlimited of Orono is investigating whether the crustacean’s circulatory fluid can be a potential weapon against viruses and cancer.
Posted inLocal & State, sj-web
Hauling traps in South Freeport
First mate Sean Murphy of Brunswick hauls lobster traps owned by John Coffin of Freeport onto the dock at Harraseeket Lunch & Lobster Co. in South Freeport. The 800 traps will be stored at Coffin’s house for the winter. Coffin has seen many changes in his 55 years of lobstering in and around Casco Bay, […]
Posted inBusiness, sj-web
Tariffs continue to hobble lobster industry
American lobster exports to China continue to plummet as the industry struggles with stiff trade barriers enacted in July on its second-largest export market. About 85 percent of the lobster exported from the U.S. originates from Maine waters, but some is shipped from other states and not reflected in Maine’s total exports. Still, Maine and […]
Posted inBusiness, sj-web
Maine officials, lobstermen challenge right whale report
Maine officials and members of the state’s lobster industry are blasting a new federal report on the endangered right whale, claiming it uses old science to unfairly target the fishery for greater restrictions. The Maine Department of Marine Resources, the agency that regulates the $434 million lobster fishery, and the Maine Lobstermen’s Association, the trade […]
Posted inBusiness, sj-web
State cracking down on "smoked" lobster
State inspectors are investigating a Southwest Harbor restaurant for using marijuana to try to sedate lobsters it was about to cook. The Maine Health Inspection Program is investigating Charlotte’s Legendary Lobster Pound, but it hasn’t issued any findings yet, said Emily Spencer, a spokeswoman for the state Department of Health and Human Services, the agency […]
Posted inBusiness, sj-web
Portland lobster business gets green light for new HQ, major expansion in Saco
SACO — Ready Seafood has nabbed the last local permit it needs to build a $10 million lobster processing, storage and research center in Saco. On Monday, the city’s planning board unanimously approved Ready’s plan to build a 64,000-square-foot facility on a 40-acre lot at 1016 Route 1. When building is done in 12 to 14 […]
Posted inLocal & State
Cannabis & crustaceans? These lobsters may get baked before customers can cook them
SOUTHWEST HARBOR — A local lobster pound owner believes she may have found a new, marijuana-based method for killing Maine’s signature seafood species more humanely. A lobster named Roscoe was Charlotte Gill’s first test subject. In her experiment, Gill placed Roscoe in a covered box with about two inches of water at the bottom. Marijuana […]