Good seasons and bad. The ups and downs of government regulations. The growing threat of warming seas. But this year, the state’s thousands of lobstermen, and the thousands more whose livelihoods depend on the industry, are staring down a storm the likes they’ve never seen before. As President Trump wages an unprecedented protectionist campaign to impose or tease steep tariffs on nearly every trading partner, an industry that thrives on the free flow of global trade — and disposable cash in Americans’ wallets — could suffer disproportionately.
Tag: Marine Economy
It’s not just tariffs; broad economic uncertainty could weigh on Maine’s lobster industry
Posted by Gerogia Howe & filed under In the news.
Though Canada has placed tariffs on an initial round of U.S. goods worth some $30 billion, lobster is not on that list. Still, some members of the industry and economic experts worry that broader global economy uncertainty may drive down demand for the product in Maine.
Decoding the Future of Fishing
Posted by Gerogia Howe & filed under Blog.
Island Institute is betting on fishing families—their knowledge, their adaptability, and their willingness to invest in their futures. The Future of Fishing project, in partnership with Profit Decoder, is not about abandoning tradition. It’s about preserving what matters by being smarter about how we operate.
Navigating Lobster Tariffs Webinar: A Resilient Industry Faces Uncertainty
Posted by Gerogia Howe & filed under Blog.
Following our April 3 webinar with industry experts, we unpack how potential lobster tariffs would impact Maine’s lobster industry. This webinar was moderated by Island Institute’s Chief Policy and External Affairs Officer Nick Battista, the panel featured Luke Holden, Founder and CEO of Luke’s Lobster, Amanda Rector, Maine State Economist, and Eric Miller, President of Rideau Potomac Strategy Group.
Hopeful Persistence while Navigating Change and Uncertainty
Posted by Julia Matejcek & filed under Blog.
Nick Battista, Chief Policy and External Affairs Officer at Island Institute, shares his reflections from a mid-March policy trip to Washington, DC.
A Bright Future for Maine’s Fishing Communities
Posted by Gerogia Howe & filed under Blog.
At the 50th anniversary of the Maine Fishermen’s Forum, Island Institute announced the launch of its new Future of Fishing initiative. Community development officer Christa Thorpe writes about our new resources for fishermen and community-centered goals that anchor them.
More than a year after devastating storms, communities shift to resilience
Posted by Gerogia Howe & filed under In the news.
When last year’s winter storms devastated the coast, Sam Belknap’s family wharf on Round Pond harbor in Bristol was saved by its concrete floor. The floor, which Belknap’s family poured years ago when they put in a seafood processing room, provided enough weight to keep most of the wharf from floating away.
As aquafarming continues to grow in Maine, new coalition looks to educate
Posted by Gerogia Howe & filed under In the news.
A new coalition is coming together to support Maine’s growing aquaculture industry, aiming to clear up misconceptions and highlight the economic and environmental benefits of seafood farming.
Rockland nonprofit launches toolkit to aid transition to electric marine propulsion
Posted by Laura England & filed under In the news.
Island Institute, a Rockland nonprofit, launched an online electric boat toolkit to help marine business and coastal municipalities transition to electric marine propulsion and away from traditional diesel or gas motors.
Lobstermen see controversial fishing gear in action for the first time
Posted by Laura England & filed under In the news.
A marine scientist, a politician and a lobsterman walked onto a dock. Together, in frigid wind chill, they pulled experimental, ropeless lobstering gear from the water — gear that most lobstermen loathe. The Maine Department of Marine Resources held its first public demonstration day last Tuesday, where anyone — in and out of the industry — could see how the gear, still being developed, might work. And for some lobstermen, it felt like the first time the state was listening.
