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There's growing frustration in Marystown over the fate of the town's former shipyard, as a plan to transform the facility into a service and supply centre for the aquaculture industry is thrown off course by some serious headwinds.
Former American Aquafarms CEO Mikail Roenes recently was sued by investors and ordered to surrender $1.9 million in assets.
Dec 10, 2020 12:35 PM (Render courtesy Marystown.) The lumpfish hatchery proposed as part of businessman Paul Antle’s Marbase development in Marystown has been released from further environmental assessment. Antle calls the hatchery the “cornerstone” of what will be an aquaculture service hub on the Burin Peninsula. Antle says the next step will be to secure an aquaculture license, complete an engineering design and finalize financial arrangements.