Lobster trap

A lobster trap or lobster pot is a portable trap that traps lobsters or crayfish and is used in lobster fishing. In Scotland (chiefly in the north), the word creel is used to refer to a device used to catch lobsters and other crustaceans. A lobster trap can hold several lobsters. Lobster traps can be constructed of wire and wood, or metal and netting or rigid plastic. An opening permits the lobster to enter a tunnel of netting or other one way device. Pots are sometimes constructed in two parts, called the "chamber" or “kitchen”, where there is bait, and exits into the “parlour”, where it is trapped from escape. Lobster pots are usually dropped to the sea floor about a dozen at a time, and are marked by a buoy so they can be picked up later.

Description

The trap can consist of a wooden frame surrounded by a rope mesh. The majority of the newer traps found in the Northeast of the USA and the Canadian Maritimes consist of a plastic-coated metal frame. A piece of bait, often fish or chum, is placed inside the trap, and the traps are dropped onto the sea floor. A long rope is attached to each trap, at the end of which is a plastic or styrofoam buoy that bears the owner's license number. The entrances to the traps are designed to be one-way entrances only. The traps are checked every other day by the fisherman and rebaited if necessary. One study indicated that lobster traps are very inefficient and allow almost all lobsters to escape. Automatic rebaiting improves efficiency.

Lobster trap (disambiguation)

Lobster trap or lobster pot may refer to:

Lobster trap (finance)

A lobster trap, in corporate finance, is an anti-takeover strategy used by target firms. In a lobster trap, the target firm issues a charter that prevents individuals with more than 10% ownership of convertible securities (includes convertible bonds, convertible preferred stock, and warrants) from transferring these securities to voting stock. The term derives from the fact that Lobster traps are designed to catch large lobsters but allow small lobsters to escape.

See also

References