The town of Lewisporte has been chosen as the site of Memorial University’s first regional Marine Institute centre, which will be built with the help of provincial and federal government funds. “It’s time to look back to the ocean for new ways to sustain ourselves in rural Newfoundland and Labrador, and this is one aspect of it,” said Innovation, Trade and Rural Development Minister Susan Sullivan. The new Marine Institute builds on the existing marine facilities of the town, said Lewisporte MHA Wade Verge in a statement. The town currently has a port for the Canadian Coast Guard, a full-service recreational marina, and an aquaculture industry, as well as supply capabilities for northern shipping, he said, noting there are further plans for developing ocean-based industry.