Rick Crane’s lobster holding tank gives him more control over selling and holding lobsters

A fisherman and business owner in Cox’s Cove, on Newfoundland’s west coast, has built his own lobster holding tank — one that can hold 48,000 pounds of the crustacean, to ensure he has more control over the selling process. Rick Crane of Crane’s Legacy says he built the tank to remain an independent seller. “The lobster market is like the stock market. It goes up and down, as you could see, like this year, with the lobster buyers not always buying. You can’t always fish and you can’t always sell. With this, this stops that.” The $500,000 lobster pound, which took several years to construct, includes a large water pump that pumps more than 1,400 litres a minute and reaches 300 metres out into the ocean off Crane’s wharf. Video, >click to read< 09:56

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