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Bristol Seafood, a well-known presence on the Portland waterfront, will be acquired by Mark Foods, a seafood importer, processor and marketer based in the Big Apple.
The vessel, which Rockport Marine expects to complete this fall, has been years in the making and positions the boatyard to better take on European rivals.
Portland-based Cozy Harbor Seafood said its decision is best understood in the context of broader market forces that have strained the sector in recent years.
Two Maine businesses are collaborating on a lobster-themed fundraiser for the Maine Lobster Community Alliance.
The Working Waterfronts Act would support efforts to mitigate the effect of climate change and strengthen federal conservation research projects.
The Maine Scallop Pot is designed to be used around the rhythms of lobstermen, enabling fishermen to cultivate scallops without disrupting established routines.
Recipients include brewers, oyster growers and specialty producers, with award amounts ranging from $10,000 to $100,000.
The Rockland-based nonprofit works with 120 island and coastal communities to strengthen economies, enhance education and share information and resources.
Mainebiz contributing photographer Jim Neuger spends time with Maine's oyster growers for a photo essay.
There’s an old saying, “It took a brave man to eat the first oyster.” And it took a brave photographer to get out in a small skiff on a cold spring day — all in the name of documenting the Maine oyster trade.
A workboat designed for electric propulsion performed successful sea trials. “This is about delivering zero-emission tools that meet the demands of working waterfronts.”
Amid changing federal research funding landscapes, the partnership will support blue economy research and development and create commercialization pathways.
Money was made immediately available for the upcoming year, with funding for two additional years contingent on future appropriations by Congress.
Farming of seaweed and related edible products has increased in Maine, but tapping into what consumers would buy or eat can pose challenges.
Nordic Aquafarms earlier this year abandoned its proposal to build a land-based salmon farm at the site and listed the 53.9 acres for $2 million.
The federal agency charged with setting fishing quotas had been sidelined by ongoing policy changes coming from the Trump administration. The fishery was reopened April 21.