Tag Archives: lobster shippers
Coronavirus: Why the Lunar New Year matters for Maine lobster shippers
The Lunar New Year is typically one of the busiest parts of the calendar for America’s lobster shippers, who send millions of dollars worth of the crustaceans to China every year. This year the holiday is Friday, and industry members said the Year of the Ox won’t necessarily be the Year of the Lobster. That’s because shipping has been complicated this winter by the threat of the virus. Mike Marceau, vice president of The Lobster Company in Arundel, Maine, said he isn’t expecting much in the way of exports. >click to read< 08:44
N.S. Premier Stephen McNeil: China not ‘reasonable’ requiring lobster shippers to assume Coronavirus liability
“I don’t believe that the requirement to accept liability on live seafood going into that marketplace is a reasonable one,” McNeil told reporters in Halifax Thursday. China is the second largest market for Canadian lobster, with exports of live lobster alone in 2019 valued at $457 million, most of it supplied by inshore fishermen from Nova Scotia. That demand has upended traditional economics in the fishery. Even as landings soared in recent years, the increased demand from China helped keep prices up. Earlier this year, it came crashing down when China shut down because of the Coronavirus pandemic. >click to read< 09:50