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This marine services and shipbuilding company weathered the storms of 2020, especially after sales of new vessels went off the charts.
A year ago, Mainebiz asked 20 business leaders for their outlook for 2020. Most painted a picture of a continued booming real estate market and consumer spending, coupled with the challenge of an ongoing labor shortage.
Ducktrap River of Maine and its parent company, Mowi ASA, of Bergen, Norway, now face two federal class-action suits in addition to one reported last summer by Mainebiz.
Driven by the pandemic, the nonprofit network saw a 191% increase of participants over the last six months. “We might be at this interesting tipping point for local seafood systems,” founder Joshua Stoll says in a Q&A with Mainebiz.
Before tariffs on U.S. lobster were imposed in 2017, the European Union was a top destination for Maine's top-selling marine species, accounting for 15-20% of lobster exports. Eliminating the tariffs will level the playing field between the U.S. and
The goal is to eliminate vertical lines in endangered right whale habitat. Trap retrieval systems in trials depend on pop-up buoys or other lifting devices, triggered by a remote-controlled acoustic signal.
Portland's working waterfront generates over $800 million in annual economic output, according to the new study. It's the city's first look at the economics of the area in response to an ordinance passed last year.
Coastal Enterprises Inc. announced the release of the publication as part of a three-year initiative to further develop scallop farming efforts in Maine. They started to take off after Maine fishermen visited Japan to learn about techniques and
“You’re shutting down habitat that we fish now so you’ll be displacing a lot of guys who are fishing out there,” said one fisherman at a webinar held by by the Governor’s Energy Office and the Maine Department of Marine Resources.
This roundup of Maine nonprofit news spotlights Maine Community Foundation's Downeast Innovation Fund grants, and change at the top for Engine in Biddeford.
Seafood producers worldwide face the challenge of rapidly changing markets. In Maine, the industry is responding with two new promotions to drive demand at home and in restaurants.
The company, which recently moved its headquarters from Portland to Bucksport, near the site, is seeking to add a 10-acre parcel to the facility plans.
Since the sinking of the commercial fishing boat Emmy Rose two weeks ago, there's been an outpouring of support for the families of the four crew members who perished. Commercial fishing is one of the country's most hazardous occupations.
The approvals get Nordic Aquafarms another step closer to its goal of building one of the world’s largest indoor salmon farms on a 54-acre site off Route 1 in Belfast.
The Coast Guard received an emergency signal from the 82-foot Emmy Rose early Monday and later found debris and an empty life raft. Searchers were combing an area 20 miles northeast of Provincetown, Mass.
Renewable energy solutions shouldn't be developed at the expense of fishermen, seafood providers and fishing communities, says one industry leader. The state last week issued a plan to create a 16-square-mile offshore wind research array in the Gulf