Tag Archives: lobster dealers

US-China Trade Deal: US lobster dealers anxious to resume business with China

Hugh Reynolds, a lobster dealer from Stonington, Maine, was excited to learn that the China-US phase-one economic and trade deal came into effect on Feb 14. According to the deal, China promises to purchase more agricultural products from the United States, and lobster is highlighted in the sector.,, Annie Tselikis, executive director of the Maine Lobster Dealers’ Association, said China accounted for 15 percent to 20 percent of the export value of US lobsters at the time. >click to read< 09:43

With an acquisition in Nova Scotia, lobster dealers expanding into Canada to shore up their business

Ready Seafood in Portland is joining a handful of U.S. lobster companies that have opened Canadian operations, locking down year-round access to hard shell lobsters that can be exported to both China and Europe without the tariffs that have crippled other U.S. dealers. Ready is following in the footsteps of other American lobster dealers, ranging from Boston Lobster Co.,,, Dealers from both sides of the border who attended the Canadian-Maine Lobstermen’s Town Meeting in Portland last week said that having a footprint on both sides of the border is necessary >click to read<09:30