The 31,500-square-foot addition will house two new full processing lines to accommodate an increase in demand.

IBH ehf. previously acted as Interroll’s sales agent for Iceland and the Faroe Islands.

Fonds régionaux’s investments will be used to finance the acquisition of a snow crab licenses.

Trident will retrofit or retire 23 refrigeration appliances used on 14 marine vessels to use an alternative refrigerant that does not harm the ozone layer.

By moving the production of fish out of the oceans, Finless Foods aims to provide healthy and fresh seafood anywhere, ending dependence on fish farms and large-scale fishing.

CanNor is funding a 4-year fisheries research project off the coast of Baffin Island conducted by the Nunavut Fisheries Association.

The 40-acre, $450-500 million property boasts abundant access to sea- and freshwater resources.

The HDC worked with students from UMass Dartmouth’s Charlton College of Business to develop a website where national and international buyers can browse New Bedford’s processors and fish houses and the seafood they sell.

The investments in Glace Bay, Nova Scotia and Grand Bank, Newfoundland, will add new jobs, processing capacity and spur continued sustainable growth of the fishery.

The assets purchased include one hatchery in New Brunswick, two farming licenses in New Brunswick, seven farming licenses in Newfoundland and one processing plant in Newfoundland.