Tariffs are being levied based on higher-priced Canadian lobster, they say, adding ‘salt on the wound’ of plunging U.S. lobster exports to Chinese markets.
lobster industry
Posted inBusiness, Maine
Discovery of immature lobsters in deep Down East waters may be good news for industry
Researchers feared that declines in the numbers of baby lobsters found in warmer, shallow waters might presage a population bust, but the young may merely be moving to deeper habitat, a UMaine professor says.
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Posted inBusiness, Maine, Nation & World
U.S. lobster exports to China tank in the first month with new tariff
The data is the first to reflect the impact of a trade war between the U.S. and China, which had been a growing market for Maine lobster.
Posted inBusiness, Maine
Sale to Canadian company will give Portland-based Ready Seafood ‘a much bigger tool box’
The deal with Premium Brands of Vancouver arose out of Ready Seafood’s search for a partner to build a new facility in Saco.
Posted inBusiness, Maine, New England
James Knott, 88, remembered as inventor of trap that transformed lobstering
He developed marine-grade coated wire mesh that lasted far longer than the wood in traditional traps, then founded a company to manufacture the product and became an ardent supporter of the lobster industry.
Posted inBusiness, Maine
Large pogy catch good news for lobstermen who feared bait shortage
The amount of bait fish landed this year was twice last year’s haul, reassuring lobstermen that they should be able to avert a bait shortage.
Posted inBusiness, Maine, Politics
Maine senators want U.S. to set aside day to celebrate lobster
Sept. 25 would be ‘National Lobster Day,’ recognizing the historic and economic importance of the lobster industry.
Posted inBusiness, Maine, News
Caught up in tariff, lobster industry faces new threat: Higher trap prices
The extra tax on imported raw steel raises the cost of wire mesh for manufacturers, which haven’t passed it on to fishermen – yet.
Posted inBusiness, Maine, Nation & World
All shell, no shock: Lobster prices strong as season picks up
Chinese tariffs on seafood are a concern, but domestic sales have kept the industry healthy so far this summer.
Posted inBusiness, Maine
Those lobster license plates are supporting $340,000 in research on vital industry
The grants will be used to assess and support the state’s most valuable fishery amid changes in the ecosystem.