National Fisherman


It's been a mix of good news and bad news for Maine's fishing industry this week.
 
Shrimp fishermen learned their entire season has been canceled because of dwindling shrimp stocks. Meanwhile, scallop fishermen are getting record prices for their catch in this first week of the season.
 
State regulators say scallop fishermen are bringing in $13 a pound for scallops caught in Cobscook Bay in Down East Maine.
 
Those high prices are helping to offset reduced catch limits designed to help rebuild the stock.
 
Read the full story at New England Cable News>>

Inside the Industry

(Bloomberg) — After fighting for more than two years to avoid paying almost $1 billion in oil spill damages to Gulf Coast shrimpers, oystermen and seafood processors it claimed didn’t exist, BP Plc has thrown in the towel.

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(Bloomberg) — Millions of dead fish stretched out over 200 kilometers of central Vietnamese beaches are posing the biggest test so far for the new government.

The Communist administration led by Prime Minister Nguyen Xuan Phuc has been criticized on social media for a lack of transparency and slow response, with thousands protesting Sunday in major cities and provincial areas.

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