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Lobsters are a true delicacy and the base of a global fishing industry that nets roughly 1.8 billion USD in trade each year. Lobsters can grow really huge and the official size record is held by a 44.4 lb (20.14 kg) lobster caught in Nova Scotia, Canada. There are more than one way to cook a lobster and which method to use depend on your culinary preferences and which type of dish you want to make.