Tag Archives: Mike Marceau
U.S. lobster exports to China rebounded in 2020
While the coronavirus pandemic tanked U.S. lobster exports overall in 2020, international trade data suggests the industry’s once-thriving U.S. to China trade pipeline may be making a comeback. International sales of U.S. lobster fell by 22 percent last year, from $548.4 million in 2019 to $426.9 million in 2020. The market saw declines in sales to each of the country’s top 10 international buyers, with the notable exception of China, which bought more than $127 million of U.S. lobster, or a roughly 49 percent increase over 2019, according to the U.S. Census Bureau. >click to read< 10:34
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
