Wahle Quoted in Bloomberg Article on Lucky Lobsters in China
Rick Wahle, a University of Maine research professor at the Darling Marine Center, was quoted in the Bloomberg Business article, “Lucky lobsters jam China flights, sending U.S. prices to record.” Every week for the past seven months, about 60,000 live lobsters are shipped from Halifax, Nova Scotia, to Shanghai, according to the article. A surge in lobster demand from China has caused exports from Canada and the U.S. to skyrocket, and American prices are the highest ever. Lobsters are viewed as a status symbol in China, and their red color is considered lucky, the article states. “Cooked lobster does the trick,” Wahle said. The Business Times and Bangor Daily News also carried the Bloomberg article.