Tag Archives: Export

Not your grandfather’s fishery

The harvesting is so different — bigger boats, bigger fishing effort, deeper-water fishing, so much further from shore on average, more ambitious in all respects. The boats themselves are equipped with everything under the sun to make the task more manageable.  The knowledge is much more substantial. We live in the Facebook Generation. Everything is visible and transparent, whether publishing a newspaper or determining the value of a lobster, there are absolutely no secrets.  And fish harvesters make it their business to know what a lobster is selling for in Thunder Bay on a Saturday night.  The world is smaller — direct flights from Halifax to Europe and Asia make transit time for premium quality fisheries a fraction of what was required previously. click here to read the op-ed by Stewart Lamont, managing director of Tangier Lobster Company 19:26

Exporting crustaceans a ‘crazy juggling game’ – Maine Coast Co. delivers lobsters around the world

EP-160529209.jpg&MaxW=650&MaxH=650Every day is a “crazy juggling game” for Tom Adams, owner of the wildly successful lobster wholesaler Maine Coast Company. His product is live and perishable. His customers are in Seoul, South Korea, Madrid, Spain, or San Francisco. He has to worry about Homeland Security regulations, endless paperwork for China exports, planes that don’t take off on time. “There’s a lot of risk when your product is controlled by Mother Nature,” said Adams. “We have to get it where it’s going in 48 to 60 hours. Any delay means it doesn’t get there alive. My strong point, I think, is that I have the gut instinct to most of the time play the market correctly. It’s no different than oil futures or some other commodity. It’s just that I’m dealing in lobsters.” Read the story here 11:44