Lobsters are widely fished around the world for their meat. They are often hard to catch in large numbers, but their large size can make them a profitable catch. Although the majority of the targeted species are tropical, the majority of the global catch is in temperate waters.

Lobsters are caught using baited, one-way traps with a colour-coded marker buoy to mark cages. Lobster is fished in water between 1 and 500 fathoms (2 and 900 m), although some lobsters live at 2,000 fathoms (3,700 m). Cages are of plastic-coated galvanised steel or wood.
A lobster fisher may tend as many as 2,000 traps. Around the year 2000, due to overfishing and high demand, lobster aquaculture expanded.  As of 2008, no lobster aquaculture operation had achieved commercial success, due mainly to the fact that lobsters eat each other (cannibalism) and the slow growth of the species; these two problems make it difficult to make lobster aquaculture profitable.

Restrictions

Legal restrictions apply to the catching of lobsters in many parts of the world, in order to prevent overfishing and allow recruitment to the next generation. Common restrictions include the provision of a minimum landing size, preventing fishermen from catching "berried" females (females carrying eggs), closed seasons and limiting catches with individual fishing quotas.


Source: www.wikipedia.com