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2016 proves a record year for Maine’s fishing industry

Maine’s fishing industry topped $700 million in overall value in 2016, including a dockside value for the lobster fishery of $533 million. Both were records, according to preliminary data released Friday by the Maine Department of Marine Resources. DMR reported the $721 million total value represented a nearly $100 million increase over 2015. For the second straight year, the largest single increase in value was in Maine’s lobster fishery. The fishery saw the overall landed value jump by more than $30 million — from $501 million in 2015 to $533 million in 2016 — while the average per pound value remained over $4 for the second year in a row, at $4.07. When factoring in bonuses paid to harvesters as reported by 14 of Maine’s 19 lobster co-ops, the overall landed value of Maine’s lobster fishery reached $547.24 million, DMR reported. continue reading the story here 11:09