Portland Sees Dramatic Drop in Fish Landings
November 11, 2010
WorkinhgWaterfront.com: The Portland Fish Exchange first opened its doors almost 25 years ago. At that time it was a state-of-the-art facility built to serve the multitude of fishing vessels in southern Maine. However, the past several years have been particularly hard on the fishing industry in Maine with changes in regulations and a dwindling fleet of vessels. The exchange, which acts as one of the last remaining sales points in the state, is struggling to keep its doors open.
Landings at the Portland Fish Exchange have declined steadily over the years, from 22 million pounds in 2005 to an estimated 2.5 million this year. The vendor population has also decreased from a high of 350 vessels in the late ‘90s to about 20 active vessels involved with the exchange today.