Tag Archives: ames Hook & Co.
Coronavirus impacts New England seafood industry as wholesale demand fades
The spread of the coronavirus has upended the seafood industry as restaurants close, fishermen tie up their boats and even big-money catches like lobster see lower demand, industry leaders say. Robert Nagle, vice president of Boston-based seafood wholesaler John Nagle Co., said the industry is trying to do all that it can as more fishing boats are tying up because of a decrease in demand. “If a boat can’t get enough money, they can’t pay their bills, they can’t pay their crews, the boat is not viable,” Nagle said. Live lobsters, which are usually sold to restaurants and exported around the world, have been essentially shut down with no one to buy catches, Nagle said. >click to read< 12:03
