Tag: Marine Economy

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.

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.

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.

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.