National Fisherman

A glut of lobsters has driven down the price of the prized crustacean in the Maritimes, leaving fishermen scrambling for ways to prop up their earnings.

The lobster industry — worth about $580 million in the region — has been battered in recent years, with prices dropping by a third within the last three years.

Prices are hovering around $3 per pound, down from $4.50 per pound in 2009, according to the Lobster Council of Canada.

Read the full story at Chronicle Herald>>

Inside the Industry

The Center for Coastal Studies recently announced that Owen Nichols, Director of the Center for Coastal Studies’ Marine Fisheries Research Program, has been selected as this year’s recipient of the John Annala Fishery Leadership Award by the Gulf of Maine Research Institute. 

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Cummins  announced the opening of a new Alaska service location on Kodiak Island last week that will serve as a service and support location for commercial marine applications.

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