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11th June 2019

On Course As Ireland’s Ocean Economy to Achieve 2020 Target

Minister for Marine Micheal Creed and Dr Stephen Hynes co-author of the report and Director of SEMRU (NUIG) discussing the latest figures from the 2019 Ireland's Ocean Economy Report which was launched yesterday above at Cork City Marina.

The Socio-Economic Marine Research Unit (SEMRU) at NUI Galway has released its latest update on the performance of Ireland’s Ocean Economy.

Coinciding with the Our Ocean Wealth Summit and the Government’s Annual Review of its Integrated Marine Plan – Harnessing Our Ocean Wealth, the report presents a complete and comparable profile across thirteen marine related industries in Ireland.

The update shows that Ireland’s ocean economy has a turnover of €6.2 billion, with a direct economic contribution, as measured by GVA, of €2.2 billion or 1.1% of GDP. Taking into account indirect GVA generated from ocean related activity in Ireland total GVA is €4.2bn, representing 2% of GDP.

Dr Stephen Hynes, co-author of the report and Director of SEMRU based at the Whitaker Institute for Innovation and Societal Change at NUI Galway, has advised Government that “the latest figures indicate that Ireland’s ocean economy continues to see growth across both established and emerging marine industries. We expect the Government’s 2020 target will be exceeded next year, and the gap is narrowing in terms of the Government’s ambitious 2030 target”.

SEMRU categorises Ireland’s ocean economy into two broad categories:

Ireland’s Established Marine Industries – comprised of traditional marine sectors such as shipping, seafood, tourism in marine and coastal areas, offshore energy, marine manufacturing & engineering and marine retail services – have an estimated turnover of €5.8 billion, provide employment of 32,048 FTEs. These segments of the ocean economy represent 93% of the total turnover and 94% of total employment. The top three sectors in terms of value and employment continue to be shipping, marine tourism and seafood.

Ireland’s Emerging Marine Industries – comprised on marine renewables, marine biotechnology, advanced marine products and services, and maritime commerce – have an estimated turnover of €459 million and provide employment to 2,084 FTEs representing 7% of the turnover and 6% of employment in Ireland’s ocean economy. Of the emerging industries marine commerce and the marine biotechnology and bio-products industries experienced the largest increases in turnover and GVA in the 2016-2018 period.

This year’s report also includes a socio-demographic profile of Ireland’s coastal economy and presents the values of a range of marine ecosystem services to Irish society. As pointed out by Dr Hynes “tracking marine economic activities, monitoring developments in our coastal economy and estimating the marine ecosystem service benefit values to Irish society promotes more informed maritime planning and more effective marine policy formation”.

The latest ocean economy report is funded by the Marine Institute through its Marine Research Programme.  Dr. Peter Heffernan, CEO of the Marine Institute notes that “Ireland is one of the few countries that has access to this regularily updated marine economic data, with trends now spanning over 10 years. These independent data and trends published by NUI Galway underpin the Vision set out by the Government in Harnessing Our Ocean Wealth whereby Ireland’s vast marine territory is harnessed in a sustainable manner and is recognised as an integral element of Ireland’s overall economy, generating benefits for Irish citizens and supported by integrated policy, planning and regulation”.

Commenting on the report, Professor Alan Ahearne, Director of the Whitaker Institute at NUI Galway stated: “With the uncertainty being generated by Brexit, our Ocean Wealth has never been more important to our economic prosperity. The figures published by SEMRU clearly demonstrate the importance and impact of targeted investment and research in developing a sustainable ocean economy here in Ireland”.

The latest figures have been announced by Minister for Agriculture, Food & the Marine, Michael Creed, TD at the Annual Ocean Wealth Summit in Cork. The 2019 Summit will see national and global leaders discuss the health of our oceans. This includes senior Government and UN representatives from island states sharing experiences on oceans’ health and climate change.

An inforgraphic on Ireland's 2018 Ocean Economy can be viewed here.

In addition for further information on SEMRU, please visit www.nuigalway.ie/semru/

Published in Marine Science
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Dublin Bay

Dublin Bay on the east coast of Ireland stretches over seven kilometres, from Howth Head on its northern tip to Dalkey Island in the south. It's a place most Dubliners simply take for granted, and one of the capital's least visited places. But there's more going on out there than you'd imagine.

The biggest boating centre is at Dun Laoghaire Harbour on the Bay's south shore that is home to over 1,500 pleasure craft, four waterfront yacht clubs and Ireland's largest marina.

The bay is rather shallow with many sandbanks and rocky outcrops, and was notorious in the past for shipwrecks, especially when the wind was from the east. Until modern times, many ships and their passengers were lost along the treacherous coastline from Howth to Dun Laoghaire, less than a kilometre from shore.

The Bay is a C-shaped inlet of the Irish Sea and is about 10 kilometres wide along its north-south base, and 7 km in length to its apex at the centre of the city of Dublin; stretching from Howth Head in the north to Dalkey Point in the south. North Bull Island is situated in the northwest part of the bay, where one of two major inshore sandbanks lie, and features a 5 km long sandy beach, Dollymount Strand, fronting an internationally recognised wildfowl reserve. Many of the rivers of Dublin reach the Irish Sea at Dublin Bay: the River Liffey, with the River Dodder flow received less than 1 km inland, River Tolka, and various smaller rivers and streams.

Dublin Bay FAQs

There are approximately ten beaches and bathing spots around Dublin Bay: Dollymount Strand; Forty Foot Bathing Place; Half Moon bathing spot; Merrion Strand; Bull Wall; Sandycove Beach; Sandymount Strand; Seapoint; Shelley Banks; Sutton, Burrow Beach

There are slipways on the north side of Dublin Bay at Clontarf, Sutton and on the southside at Dun Laoghaire Harbour, and in Dalkey at Coliemore and Bulloch Harbours.

Dublin Bay is administered by a number of Government Departments, three local authorities and several statutory agencies. Dublin Port Company is in charge of navigation on the Bay.

Dublin Bay is approximately 70 sq kilometres or 7,000 hectares. The Bay is about 10 kilometres wide along its north-south base, and seven km in length east-west to its peak at the centre of the city of Dublin; stretching from Howth Head in the north to Dalkey Point in the south.

Dun Laoghaire Harbour on the southside of the Bay has an East and West Pier, each one kilometre long; this is one of the largest human-made harbours in the world. There also piers or walls at the entrance to the River Liffey at Dublin city known as the Great North and South Walls. Other harbours on the Bay include Bulloch Harbour and Coliemore Harbours both at Dalkey.

There are two marinas on Dublin Bay. Ireland's largest marina with over 800 berths is on the southern shore at Dun Laoghaire Harbour. The other is at Poolbeg Yacht and Boat Club on the River Liffey close to Dublin City.

Car and passenger Ferries operate from Dublin Port to the UK, Isle of Man and France. A passenger ferry operates from Dun Laoghaire Harbour to Howth as well as providing tourist voyages around the bay.

Dublin Bay has two Islands. Bull Island at Clontarf and Dalkey Island on the southern shore of the Bay.

The River Liffey flows through Dublin city and into the Bay. Its tributaries include the River Dodder, the River Poddle and the River Camac.

Dollymount, Burrow and Seapoint beaches

Approximately 1,500 boats from small dinghies to motorboats to ocean-going yachts. The vast majority, over 1,000, are moored at Dun Laoghaire Harbour which is Ireland's boating capital.

In 1981, UNESCO recognised the importance of Dublin Bay by designating North Bull Island as a Biosphere because of its rare and internationally important habitats and species of wildlife. To support sustainable development, UNESCO’s concept of a Biosphere has evolved to include not just areas of ecological value but also the areas around them and the communities that live and work within these areas. There have since been additional international and national designations, covering much of Dublin Bay, to ensure the protection of its water quality and biodiversity. To fulfil these broader management aims for the ecosystem, the Biosphere was expanded in 2015. The Biosphere now covers Dublin Bay, reflecting its significant environmental, economic, cultural and tourism importance, and extends to over 300km² to include the bay, the shore and nearby residential areas.

On the Southside at Dun Laoghaire, there is the National Yacht Club, Royal St. George Yacht Club, Royal Irish Yacht Club and Dun Laoghaire Motor Yacht Club as well as Dublin Bay Sailing Club. In the city centre, there is Poolbeg Yacht and Boat Club. On the Northside of Dublin, there is Clontarf Yacht and Boat Club and Sutton Dinghy Club. While not on Dublin Bay, Howth Yacht Club is the major north Dublin Sailing centre.

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