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According to NOAA, the Atlantic salmon, specifically the Gulf of Maine population, is one of the most at-risk endangered species, with only about 1,200 fish returning each year.
True Fin, a startup from the Gulf of Maine Research Institute’s business development group, is changing the way fishermen handle their catch — which can mean a premium in the marketplace.
An estimated 62 fishermen from Stonington to Boothbay Harbor are expected to be affected by a 967-square-mile seasonal closure. Maine’s overall fleet is looking at a slew of gear modifications. In year one, fishermen could lose much as $20 million.
Aquaculture and ocean energy are growing contributors to Maine’s “blue economy” — the subject of a new collaboration between science and business experts in working-waterfront industries.
A boat parade Sunday was the latest protest against a $300 million salmon farm proposed to be installed in Frenchman Bay. The project “has the potential to devastate the lobster industry in this area,” said one fisherman.
A lobster cooperative prevailed this week in a hearing regarding its CEO’s dismissal last year. Lobster 207 said it expected its federal racketeering lawsuit to proceed to trial.
Some gear marking schemes, along with bans on fishing in certain areas at certain times of year, will be costly for fishermen and unnecessary, said the delegation, which also advocated for "conservation equivalencies."
The warm-water-loving hard-shell clam is becoming more abundant off the Maine coast. Studies are in the works to accelerate that trend for new business opportunities.
Injectable vaccines are necessary for protecting farmed fish from lethal pathogens. But water- and oil-based vaccines are expensive and can cause undesired side effects. Nanocellulose from Maine may provide a better alternative.
The U.S. Department of Agriculture has increased its seafood purchasing in response to the pandemic, but none of the buys have been awarded to Maine suppliers. The congressional delegation wants to change that.
The new, lobster-style vessel replaces a smaller one that was 22 years old when it was damaged by an electrical fire in 2019.
The nonprofit's new president, its third since beginning in 1983, will focus on work that includes climate action, Maine's coastal economy and investments in community infrastructure.
Opponents object to seizing land from a private owner. “This heavy-handed approach will only increase the level of conflict in the community,” said one. Council members cited jobs and tax revenues as a public benefit.
After construction of the 27,000-square-foot facility is complete, likely next spring, American Unagi will be able to produce enough eels to meet 5% of all U.S. demand, the company says.
The City Council approved the proposal in 2018 but it’s hit various snags since then, including disputed ownership claims over waterfront land needed for discharge pipes. “What’s contemplated is a ditch across the tidal flats,” said one city
Three pieces of the Rockland waterfront, totaling nearly nine acres, are being marketed as a single commercial offering. Some worry a sale could result in longstanding businesses getting crowded out, but the city says it's looking for balance.
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
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.
Learn MoreWork 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.
Learn MoreWhether 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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