August 6, 2021 — With international and domestic corporations aiming to set up in its waters, the state of Maine is bullish on aquaculture’s potential.
And no wonder, considering that it’s managed to triple its annual aquaculture sales revenue between 2007 and 2017, to almost $138 million.
High-profile privately funded ventures have lately been converging on this corner of the North Atlantic. Millions in Shopify dollars and venture capital are backing Running Tide, a Portland, Maine-based oyster operation, in its bid to figure out how to use kelp as a carbon offset. Norwegian-owned American Aquafarms wants to raise 120 acres of salmon in Frenchman Bay, and other large Canadian and Dutch finfish aquaculture companies are moving into the region. Maine is collaborating with several states to build a national seaweed hub and, with $1.2 million from a 2019 NOAA Sea Grant, is opening its own aquaculture hub to support various sea-based farming industries.
This bustle, though, has raised the hackles of lobstermen and -women represented by grassroots Protect Maine’s Fishing Heritage Foundation (PMFHF) organization. They say large-scale aquaculture corporations are intent on “privatizing” the public ocean, in the process displacing locals who’ve fished these waters for years and endangering their livelihoods. They feel considerably less optimistic about the burst of interest in aquafarming in their local waters—and in particular, about the expanded terms of the leases that accommodate these operations; a single entity can now hold 1,000 acres, up from a limit of 300 in 2006, and the duration of those leases doubled, from a decade to 20 years, in 2017.