Tag Archives: rising costs

Maine Lobstermen speak out about economic and regulatory struggles

“We get told what we’re going to get paid for the product, and we get told what we’re going to be charged for the bait. We’re the ones providing, and it seems as though we’re also getting the short end of the stick,” said commercial lobsterman Dwight Staples. With rising inflation, fisherman say they’ve been hit hard. “For me personally, it was like $800 a day just to go fishing — and that was on like a three dollar lobster. So you’ve got to go, and you’ve got to catch over 250 pounds before you even break expense,” said Staples. In addition to the rising costs of running a lobster fishing business, lobstermen say that fishing regulations have made it more difficult to turn a profit, even when reeling in a good haul.  Video, >click to read< 09:07

Lobster fisherman hopes to survive impact of coronavirus, rising costs

In Tasmania’s north-west, fisherman Scott Inkson is one of the lucky ones who may survive the impact of the coronavirus on the lobster industry. As COVID-19, as it is now known, continues to prevent live fish exports to China — his main market — he has decided to set up shop off his boat in Wynyard and give the community a cheap treat., “After 90 minutes on the wharf we completely sold out., King Island fisherman Mark Smith, 28, has struggled to sell his lobsters this season. >click to read< 23:15