Nova Scotia’s lobster industry fears prolonged effects of coronavirus outbreak as exports halted, prices drop

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

As travel restrictions and lockdowns in some cities were imposed in China in an effort to contain the virus, known as 2019-nCoV, lobster orders dried up almost overnight

Andrew Vaughan/The Canadian Press

The line between us: For Chinese-Canadians like me, coronavirus is just the latest strain of infectious fear we’ve faced China continues to report thousands of new cases of the virus and says the death toll has reached 361, with total confirmed cases in the country at more than 17,000. There have been 146 cases outside China, with four confirmed in Canada.

At the Halifax Stanfield International Airport Authority, the main regional hub to ship live seafood to China, planes are sitting on the ground, unable to move their cargo. Some lobster fishers, watching this troubling bottleneck, have already begun cutting back the number of times they’re going out each week to collect from their traps. While the Lobster Council of Canada is urging calm, some captains are bracing for an extended downturn, cancelling orders for new boats and holding off on buying new gear.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nothing you can do about it is there? Just wait it out

Sell them to canadians

Send them west, I'll do my best to help out by eating as many as possible.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines