CAPE MAY — Cape May remained the East Coast’s second-most valuable fishing port last year, aided by rising scallop prices that offset a declining catch, according to a report.
The report from the National Marine Fisheries Service shows the port, which includes docks in Lower Township and Wildwood but none actually in Cape May, took in $103 million last year. That’s up from $81 million in 2010.
Cape May trails New Bedford, Mass., among East Coast ports and ranks fifth nationwide.
Scallops are its primary catch. They rose last year from $7.92 per pound to nearly $10 a pound. That is the price paid to the fishing vessels, but the value of the catch rises at least sixfold before the seafood reaches consumers.
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