Norwegian & Swedish clam project sinks
A joint Swedish and Norwegian clam farm project in the waters near the Swedish west coast town of Lysekil has hit the rocks and sunk.
Millions of dollars have been pumped into the project by the local community, the Norwegian state and the European Union.
But the Norwegians who were to sell 2,000 tons of clams have been fined by a local court after they couldn't prove that they really had Dutch buyers as they promised.
Because of the low salinity in the offshore coast waters, these clams could only be used for animal fodder - and the idea was to compete with the cheaper fish meal on the global market.