March 25, 2020 — Escalating coronavirus closures in Northeast cities have left seafood unsold and boats tied up, threatening to inflict lasting damage on the U.S. fishing fleet.
State governments ordering restaurants to close and people to stay in their homes brought business to a screeching halt at major seafood hubs like Boston and the New Fulton Fish Market in New York City’s sprawling Hunts Point food terminal.
“It’s really serious here. Some buyers have not given us a price, and in some cases, they still have the fish,” said Jim Lovgren, a longtime trawler captain with the Fishermen’s Dock Cooperative in Point Pleasant Beach, N.J.
“The issue here is the restaurants. The average American doesn’t cook fish at home,” said Lovgren. Restaurant and food service buyers account for the vast majority of demand in the fresh fish market, but state orders limiting restaurants to offering take-out service only immediately evaporated those sales, he said.
The crisis hit amid a growing economy and a relatively mild winter with good fishing in the New York Bight. Jumbo fluke that had been bringing $4 a pound at the dock plummeted to 75 cents, meaning “50 cents to the boat,” said Lovgren.
“So, the market is upside down,” he added. Co-op members have even discussed whether they may need to close the dock if those conditions persist.