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Fisheries & Marine
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Investors snap up Hancock lobster pound and property for $2.5M
April 19, 2023The buyers were attracted by the significant water frontage and range of potential uses across the 40-acre site overlooking Mount Desert Narrows.
April 19, 2023
Oyster firm Lady Shuckers looks for creative ways 'to get products to the people'
Updated: April 18, 2023The company sources from farms owned by women and groups that are underrepresented on the working waterfront. “Representation matters,” says owner Libby Davis.
Updated: April 18, 2023
Dig this: Portland Sea Dogs to rebrand as Maine Clambakes for a day
April 13, 2023Ahead of the one-day takeover Aug. 25, the minor league baseball team is already selling branded merchandise online and at Hadlock Field.
April 13, 2023
Dutch company harvests first batch of yellowtail kingfish
April 7, 2023Shipments will be distributed over the next two months to restaurants in Maine, Boston, Washington, D.C., and California. Bristol Seafood is processing the batch in Portland.
April 7, 2023
More than lobster: Maine showcases array of products at nation’s largest seafood expo
Updated: March 20, 2023Expanding from a lobster-only showcase, Maine’s inaugural seafood reception included a B2B campaign targeting regional, national and international buyers.
Updated: March 20, 2023
Kingfish Maine clears latest hurdles for land-based aquaculture
March 15, 2023The local permit to build a recirculating aquaculture system facility in Jonesport was upheld and a loan insurance request was approved by FAME for project preparation.
March 15, 2023
Maine lobster industry sues Monterey Bay Aquarium over 'red' listing
March 14, 2023The complaint says claims that fishing practices are harming the endangered North Atlantic right whales aren’t supported by science and have caused substantial economic harm to the industry and to the Maine lobster brand.
March 14, 2023
Historic riverside Hallowell building sells for $2.4M
Updated: March 13, 2023“I’ve always loved Hallowell ever since I was a young kid and my dad took us to Dom's for haircuts and we went to Hayes Bakery,” said the buyer.
Updated: March 13, 2023
Value of Maine's lobster catch hits a 10-year low in 2022
March 6, 2023At $388.6 million, the value of Maine's lobster catch in 2022 was the lowest since 2013, when the catch was valued at $370 million, a record then.
March 6, 2023
Golden seeks more details on whale strandings elsewhere in the Northeast
March 1, 2023In his call for more details, U.S. Rep. Jared Golden refuting claims that the recent spate of nine whale deaths on the East Coast is tied to offshore wind development.
March 1, 2023
With loan insurance, Kingfish's Jonesport aquaculture facility is a step closer to opening
February 28, 2023Kingfish Maine was approved for 90% pro rata insurance by FAME to insure the $2 million loan.
February 28, 2023
New tool will help working waterfronts track threats, changes
February 23, 2023“Without historical working waterfront infrastructure or the potential for new infrastructure, what is a very difficult job physically and financially, becomes increasingly difficult, if not impossible,” said lobsterman Hugh Bowen.
February 23, 2023
Maine rockweed a growing business, triples growth
Updated: February 17, 2023Rockweed, which is used as a thickening agent in food, cosmetics and paint, has been increasingly sought after. In 2021 in Maine, 15.1 million pounds of rockweed were landed, with a value of $965,481, up from 20 years ago, when 4.7 million pounds
Updated: February 17, 2023
Castine digital shellfish tag developer raises $4.1M to expand market
Updated: February 17, 2023BlueTrace raised $3.2 million in seed funding, bringing the company’s fundraising total to $4.1 million to expand its market and the software platform’s features.
Updated: February 17, 2023
With Millinocket proposal, salmon farming would head north
February 16, 2023A proposal for a aquaculture operation at the former Great Northern Paper mill site has gotten backing from state and local officials, but must still go through the permitting process.
February 16, 2023
Lisbon aquaponics farm could more than double production after $22M expansion
Updated: February 16, 2023After completing the 120,000-square-foot greenhouse, it’s expected that Springworks Farm will produce about 5 million heads of organic lettuce and 315,000 pounds of tilapia per year.
Updated: February 16, 2023
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