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Biddeford-based Ocean’s Balance has established Seaweed Farmer Services, which will dry and mill farmed kelp on an industrial scale.
Maine’s farmed seaweed industry has seen substantial growth in production and farm operations over the past decade. The industry is showcasing products, research and innovations this month.
Nearly $3 million will help companies enter the sustainable packaging market. Marine debris incurs losses to the lobster industry and communities.
The program was designed to help Maine aquaculture businesses increase production and the capability to grow volume and sales in current and new markets through innovative projects.
Current regulations don’t have adequate safeguards, the newly formed Maine Finfish Alliance says. It proposes stocking limits at marine finfish farms, including the net-pen salmon farm proposed by American Aquafarms.
The buyers were attracted by the significant water frontage and range of potential uses across the 40-acre site overlooking Mount Desert Narrows.
The company sources from farms owned by women and groups that are underrepresented on the working waterfront. “Representation matters,” says owner Libby Davis.
Ahead of the one-day takeover Aug. 25, the minor league baseball team is already selling branded merchandise online and at Hadlock Field.
Shipments 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.
Expanding from a lobster-only showcase, Maine’s inaugural seafood reception included a B2B campaign targeting regional, national and international buyers.
The 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.
The 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.
“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.
At $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.
In 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.
Kingfish Maine was approved for 90% pro rata insurance by FAME to insure the $2 million loan.
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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