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The commercial fishery for the New England shrimp, which are also called Maine shrimp or pink shrimp, was established in the 1950s and peaked at nearly 30 million pounds (13.6 million kilograms ...
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The Canadian fishery began in the 1980s and expanded in 1990s. In New England, Northern Shrimp were a valuable fishery stock from the late 1950s to 1978. Pandalus borealis was in high demand due to it being considered sweeter and tastier than Pacific Shrimp. Fishery production peaked in 1969 with landings at 28.3 million pounds. [8]
The Maine Avenue Fish Market has been in continuous operation since 1805, [5] making it the oldest operating fish market in the United States and 17 years older than New York City's Fulton Fish Market, [6] [1] which was moved to the Bronx in 2005. The Maine Avenue Market was moved a few blocks along the Washington Channel in the 1960s.
Maine accounts for 18% of the US domestic salmon market. Within the state of Maine, the salmon industry provided close to 1000 jobs in 1996. The vast majority of these jobs are in Washington County. The industry in 1996 accounted for "$30 million of personal income and $44 million of goods and services produced in Maine (gross regional product).
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The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company.
The Portland Fish Pier is a fishing pier located in Portland, Maine, on the edge of the Fore River. It is a major hub for the commercial fishing industry, and is home to the Portland Fish Exchange, where over 20 million pounds (9.1 kt) of seafood a year are bought and sold. A fishermen's memorial is also located at the pier.