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Coronavirus in Maine: Lobster Industry Hit Hard Despite Few Cases

July 2, 2020 — Blaine Olsen, a lifelong lobsterman, was navigating his 30-foot boat off the coast of Stonington, Maine, when his sternman, who’s also his wife, yelled above the diesel engine’s din about the pittance the local cooperative was paying harvesters. He shot Ginny a doleful stare for a good five seconds.

“Holy sh-t, man,” he said. “It costs us $600 a day to go out.” The dock price — $2.25 a pound for soft-shell lobsters — was half what it was a year ago, making it virtually impossible to earn a profit.

The novel coronavirus has barely touched the public health of this corner of rural Down East Maine, with Hancock County reporting just 16 cases and one death as of June 30. Its economic health is another matter: The fallout from Covid-19 threatens a historically bad year for the Olsens and the rest of the state’s lobster industry.

Fear of contagion and the near-total shutdown of restaurants and cruise lines, where most consumers eat the crustaceans, have devastated demand. Infection-prevention protocols at processing plants have cut capacity, and the drop in air traffic has snarled the logistics of shipping live creatures. Hopes for a recovery anytime soon are dim because prices already typically fall in July.

Some 80 percent of American lobster, the U.S.’s most valuable marine fishery, comes from Maine. And more so than anywhere else, Maine lobster comes from the waters around Stonington. Lobstermen in this county hauled almost a third of the 101 million pounds (worth $485 million) landed statewide last year.

Read the full story at Bloomberg

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