July 17, 2026 — Fishing is one of the oldest commercial activities in New England, and experts with the University of Maine are working to ensure its future remains sustainable.
For the 14th year in a row, Maine harvested over half-a-billion dollars in seafood, around $619 million in 2025 to be exact according to Damian Brady, a professor at UMaine’s School of Marine Sciences.
“We have about 7% of the coastline of the United States, and we produce 25% of the value in seafood,” said Brady.
July 15, 2026 — A new federally backed initiative aimed at strengthening the U.S. seafood industry is bringing $15 million to New England, with commercial fishermen expected to play a central role in developing new technologies for the sector.
The U.S. National Science Foundation (NSF) announced July 14 that the NSF Seafood Engine in New England has been selected for funding through the agency’s Regional Innovation Engines program. Led by the Portsmouth, N.H.-based Northeastern Regional Association of Coastal Ocean Observing Systems (NERACOOS), the initiative brings together seafood industry leaders, researchers, government agencies and technology partners across Maine, Massachusetts, New Hampshire and Rhode Island, including the Cape Cod Commercial Fishermen’s Alliance.
According to the announcement, the project will receive $15 million over its first two years, with the potential to grow into a $160 million investment over the next decade as it builds a regional innovation hub focused on fisheries and aquaculture.