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Draft guidance considers financial compensation to fishermen in cases of gear or income loss. But, said one industry leader, “You’re a long way into this process without having any understanding of how the industry will deal with these losses.”
A federal judge said regulators might find other measures to reduce deadly run-ins between whales and fishing gear, or might find those interactions are fewer than estimated.
Dirk Lesko will serve as the next president of Canada’s Irving Shipbuilding Inc., which builds warships for the Royal Canadian Navy.
The founder-CEO and an executive vice president have stepped down, and now a Mainer will serve as interim CEO of the U.S. business. The transition comes with projects underway in Belfast and in California.
The money, for infrastructure and other business investments, comes amid an “unprecedented level of uncertainty” that has affected the industry during the pandemic.
A roundup from the Mainebiz Startup Hub issue shows that while marshaling talent can be tough for new companies, there are various paths to success.
The first round of payments will amount to $4.2 million and will be mailed by the end of the month. As one example, the holder of a Class II lobster license with 800 lobster tags would receive $1,203.
The Cape Elizabeth-based startup aims to shake things up in an industry with a long tradition.
Maine has some 5,000 miles of coastline, but just 20 miles of it is designated working waterfront. A Deer Isle town plans to highlight its role.
The funds will be used for harbor management plans, increasing public access to the shore, designing and updating water access facilities, and waterfront resiliency planning.
The new Luke's Lobster Grand Central, set to open at the famed New York train station next month, will be the company's first new brick-and-mortar location in three years.
The 2021 Maine Boatbuilders Show had 100 exhibitors. As of this month, only 45 had signed up for the 2022 edition. “So many boatbuilders had no new boats to bring,” said the organizer.
Honorees ranged from a chocolate maker to a scallop farmer to a veterinarian. SCORE Maine worked with 224 businesses last year.
The the B2B event showcased 42 emerging food and beverage companies; 28 entered products into one of the three award categories.
A request for funding from the city of Portland has led to a request-for-interest from organizations that might privatize the exchange, which serves as an auction house for local groundfish catches.
The former leader of a biotech industry organization will succeed Kimberly Hamilton, who announced earlier this year that she would step down.