PORTLAND — Lobstermen from Maine are meeting with their counterparts from Canada to discuss ways to secure the economic future of the industry.

More than 120 people have registered for the seventh annual Canadian-U.S. Lobstermen’s Town Meeting, a two-day event that kicks off today in Portland.

The meeting is organized by the University of Maine’s Lobster Institute and rotates each year between Portland and St. John, New Brunswick.

Besides lobstermen, the gathering includes dealers, processors, exporters and restaurant representatives.

Lobster Institute Executive Director Bob Bayer says participants will talk about market trends, value-added lobster products, pricing and other matters of interest to the industry.