Reopening this southern New England territory to commercial fishing has political appeal in Maine, but little practical impact.
lobster
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.
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Posted inBusiness, Maine
Maine lobstermen to federal regulators: We’re not killing right whales
The Maine Lobstering Union accuses the agency of caving to environmental organizations when it should be defending the industry.
Posted inBusiness, Nation / World, News
Fallout from coronavirus makes lobsters so cheap that sellers face a fatal blow
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.
Posted inBusiness, Maine
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.
Posted inBusiness, Maine, 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, Maine, 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 inMaine, 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 […]