Tag Archives: Mark Hackett
Looking to get into lobster fishing? You’ll need deep pockets
Mark Hackett is a broker who works with people looking to buy and sell fishing licences, boats and gear, such as traps. He recently retired after 50 years of fishing for lobster out of Seacow Pond in western P.E.I. Hackett said these are the highest prices he’s ever seen — up to $1.8 million in some cases. “I never ever thought they’d be as high as they are now. It could start dropping, or it could go higher. I have no idea. Seems like there’s no downturn yet. It could drop right down, depending on the interest rate,” he said. It was different when Hackett got into the fishery. >click to read< 07:56
Some buyers shelling out more than $1M for lobster boat, license
The purchase price of lobster fishing fleets is hitting new highs, according to a P.E.I. broker — in some cases people are paying more than $1 million to get into the lobster fishing business. “I’ve never seen them this high before,” said broker Mark Hackett of Tignish, P.E.I. “A million plus.” The high value of lobster landings, combined with large catch sizes in recent years, are driving up fleet prices, according to Hackett. >click to read< 13:35
