December 14, 2017 — PORTLAND, Maine — Federal marine regulators are making $450,000 available to try to foster more seafood farming on the East Coast.
The National Oceanic and Atmospheric Administration says it’s providing $450,000 to expand aquaculture operations and production off the eastern states. The agency says it wants to offset the U.S.’s $14 billion seafood trade deficit.
NOAA saying it’s looking to fund pilot projects for fish, shellfish, seaweed and other facets of the domestic aquaculture industry that it considers “newcomers.” It also wants to help develop environmentally sustainable ocean farming.
Read the full story from the Associated Press at the Gloucester Times