Tag Archives: lobster dealer
Once stymied by China tariff, lobster dealer finds a workaround
Tom Adams, CEO of Maine Coast lobster wholesale company in York, said he’s found ways to make up revenue that was lost when a 25% tariff was implemented last July on imports of lobster to China. The tariff has taken a bite out of his company’s sales, Adams said. Previously, China had been Maine Coast’s fastest growing market, but the tariff eliminated 80% of Maine Coast’s sales to mainland China. Overall, the value of live Maine lobsters exported to China dropped 64% in July 2018, compared with July 2017, industry experts said last year. China now gets most of its lobster from Canada. Adams told Mainebiz an aggressive marketing campaign has resulted in significant sales increases in other parts of Asia and in the U.S., and in retention of European sales even though that market was also disadvantaged by an 8% tariff over Canadian competitors. >click to read<21:29
Court dismissal ends lobster dealer’s potboiler
A saga involving allegations of skullduggery by a Mount Desert Island lobster dealer on the waters of Blue Hill Bay reached its final chapter last week in Ellsworth. A Superior Court judge dismissed a single charge against Donald Crabtree of failing to keep required records or not reporting all of his lobster purchases. The story began in the summer of 2015 with an investigation by Maine Marine Patrol officers who had heard complaints that Crabtree was buying lobsters on a barge moored outside Seal Cove in Blue Hill Bay but wasn’t filing the required landings reports with the Department of Marine Resources. >click to read< 11:39
