URI to measure R.I.’s ocean economy to foster business collaboration

TAKES GUTS: Michael Marchetti, executive director of the Rhode Island-based Commercial Fisheries Research Foundation, sees potential profits in scallop viscera. / COURTESY JOHN LEE
RHODE ISLAND'S OCEAN ECONOMY is the focus of a new study by the University of Rhode Island to foster collaboration among the state's various ocean-related industries. Shown here, Michael Marchetti, executive director of the Rhode Island-based Commercial Fisheries Research Foundation, sees potential profits in scallop viscera. / COURTESY JOHN LEE
SOUTH KINGSTOWN – The University of Rhode Island is leading a wide-ranging study to document the size and impact of the so-called “blue economy” – the array of businesses, industries and institutions tied to the state’s waters. In announcing the initiative Monday, URI said the goal is to promote and enhance Rhode Island’s ocean economy…

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