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Displaying items by tag: Blue Economy

#BlueEconomy - Marine Minister Michael Creed this week visited the Oceanology International trade exhibition in London on day two of his six-day visit to the UK. 

Held every two years, Oceanology International at ExCeL London is recognised as the leading ocean technology and marine science event in the world, attracting more than 8,000 attendees and 500 exhibitors from over 79 countries.

Commenting on the event, Minister Creed said: “As chairman of the Government’s Marine Co-ordination Group, this is an important opportunity to support efforts to promote Irish organisations providing products and services for global marine services and furthermore to highlight Ireland as an attractive location for inward investment in the blue economy

“The vision of the ‘Harnessing Our Ocean Wealth’ Strategy is to expand the Irish ocean economy to a value of 2.4% of GDP by 2030.”

Published in Marine Science

#MarineScience - The Marine Institute awarded €108,000 in grant-aid funding to 94 recipients in 2017 under its Networking & Travel Awards.

This scheme, funded under the Marine Research Programme with the support of the Government, makes awards to provide assistance for networking activities that support the goals of the Harnessing Our Ocean Wealth Strategy.

They also constitute an important part of the implementation of the National Marine Research and Innovation Strategy 2017-2021, which was launched in June this year.

The main focus of the Networking & Travel Awards is to give early-stage researchers, post-graduate students, research assistants and intern staff an opportunity to present their marine research to an international audience, network with international marine experts, and promote research carried out in Ireland on the global stage.

Seventy-seven applicants received travel awards for this purpose. A further nine awards were made in support of hosting marine conferences or workshops in Ireland and for the establishment of international networks for leveraging marine funding.

A final eight awards were for the mobility of research expertise by SMEs for the transfer of knowledge in science and technology towards the development of the marine sector.

Since 2014, 41 participating Irish marine organisations have successfully partnered in 77 marine-related EU projects, bringing a minimum of €29.7 million in EU grant-aid to Ireland.

This represents 7% of the total available drawdown for Ireland for a range of research, development and innovation projects.

Next year’s call for the Marine Institute Networking & Travel Awards will open a month from now in mid-January.

Published in Marine Science

#Ports&Shipping - Ireland’s shipping and transport sector was the largest contributor in terms of turnover to the growth of the country’s blue economy’ in 2016.

Shipping is also responsible for the FTE employment of 4,666 people, an increase of 6.7% since 2014, according to the latest report from the Socio-Economic Marine Research Unit.

Afloat.ie previously reported on figures from the fourth SEMRU report that show the ‘blue economy’ is outperforming Ireland’s general economy.

But the report also details now sea-based transport in particular accounted for 85% of the total volume and 56% of the total value of goods traded in Ireland in 2016, and continues to be the largest contributor to Ireland's ocean economy in terms of turnover and Gross Value Added (GVA).

The positive trend is also reflected in a report released earlier this year by the Irish Maritime Development Office (IMDO), the Irish Maritime Transport Economist, which records a 2% increase in total port traffic in 2016, the highest level of throughput achieved since 2007.

Speaking after the launch of Ireland’s ocean economy report during SeaFest 2017, Ireland’s national maritime festival, IMDO director Liam Lacey said: “Ireland has very ambitious targets set out in the Government’s integrated marine plan for Ireland, Harnessing Our Ocean Wealth, which aims to increase the value of Ireland's marine economy to 2.4% of GDP by 2030. 

“The latest report published by SEMRU shows that we are well on course to achieve this, with our shipping and maritime transport sector contributing enormously to the growth and potential of our marine economy. 

“As an island nation, we are heavily dependent on sea-based transport to link Ireland to world markets and I am delighted to see further positive indicators of the potential of this sector to contribute to wider economic growth in Ireland, and also its resilience in what was a very challenging year for business.”

Published in Ports & Shipping
Tagged under

#MarineScience - The new National Marine Research & Innovation Strategy 2017-2021 aims to fulfil the need for a strategic marine research agenda to promote cross-agency collaboration, says Ireland’s Marine Minister.

Michael Creed welcomed the new strategy during SeaFest 2017, Ireland’s national maritime festival, at the Our Ocean Wealth Summit last Friday (30 June) — at which it was announced that Ireland’s ‘blue economy’ is outperforming the general economy, as previously reported on Afloat.ie.

The strategy was prepared by the Marine Institute on behalf of the Marine Coordination Group, and supports the implementation of Innovation 2020, Ireland’s national Research and Innovation Strategy, which identifies the marine sector as one of eight areas of focus for social progress and the economy. 

“This new strategy follows on from Sea Change, the last national marine research strategy published in 2007, and will help ensure that Ireland maintains its position at the forefront of marine research in Europe,” said Marine Institute chief executive Dr Peter Heffernan.

“This strategy will ensure that the outputs of new research and innovation will support Ireland’s quest to generate real socio-economic benefits by reaching the 2020 target of a €6.4 billion ocean economy in a sustainable manner.”

The strategy provides a framework for research funders to assess the impact and likely return to the State from research investment in marine related research themes. 

It is also designed to ensure that State support of marine research results in Irish researchers being able to compete at an international level and participate fully in transnational research projects.

Preparation of the strategy included a review of national and international marine related strategies and plans, which identified 15 broad research themes such as energy, transport, biodiversity and bioresources. 

Each of these themes were the subject of a detailed review of the research capability in Ireland and the steps required to raise this to meet research requirements of national strategies such as Food Harvest 2025 and the Energy White Paper ‘Ireland’s Transition to a Low Carbon Energy Future 2015-2030’.

Welcoming the publication of the strategy on behalf of the board of the Marine Institute, chair John Killeen said: “We look forward to it informing the institute’s own investments, including our plans to co-fund with other Government agencies and departments on projects in a range of marine related research disciplines.”

The launch of the National Marine Research & Innovation Strategy 2017-2021 at the Our Ocean Wealth Summit was accompanied by the publication of New Connections III (2014-2016), which records the success of the Irish marine research community in competitive EU funded programmes such as Horizon 2020, INTERREG-V and ERASMUS+.

Published in Marine Science

#BlueEconomy - The ‘blue economy’ is outperforming Ireland’s general economy, according to Galway’s Socio-Economic Marine Research Unit.

Figures from the fourth SEMRU report released for the Our Ocean Wealth Summit on Friday (30 June) show that the direct economic value of Ireland’s ocean economy was €1.8 billon, or around 0.9% of GDP in 2016 - a 20% increase on 2014 levels.

The ‘blue economy’ also provided jobs for more than 30,000 people in 2016, the report noted.

Marine Institute chief executive Dr Peter Heffernan welcomed SEMRU’s findings during Friday’s summit at NUI Galway as part of SeaFest 2017.

“Investment in research for Ireland’s marine sector has been essential in shaping the strategic development of our blue economy,” he said. “These timely marine economic statistics are vital for evidence-based policy and decision making. 

“It’s very encouraging to see that established sectors are performing so well, and that emerging sectors such as those providing advanced marine technology products and services, and renewable energy, are experiencing rapid growth in Ireland's ocean economy.”

Dr Heffernan added: “The ambition set out in the Harnessing Our Ocean Wealth Strategy is to achieve a €6.4 billion ocean economy by 2020 and to do this in a sustainable manner requires joined up thinking and close collaboration between agencies and organisations driving innovation, progress and success in our marine sector.

“The SEMRU reports are a key component of Ireland's marine strategy which requires comprehensive and targeted surveys and reporting, so that we can benchmark the marine sector with other sectors, monitor progress and performance and create a better understanding of the dynamics of the marine sector.”

Friday also saw the launch of Ireland’s National Marine Research & Innovation Strategy by Marine Minister Michael Creed. The new plan, which covers 2017 to 2021, was welcomed by Marine Institute chair Dr John Killeen.

“The Marine Institute, as the national agency for marine research and development, was pleased to co-ordinate the development of this strategy,” he said. “We look forward to it informing the Institute's investments, including our plans to co-fund with other government agencies and departments on projects in a range of marine related research disciplines.”

The Harnessing Our Ocean Wealth Progress Report 2017 was also published at the summit, which took place as part of SeaFest, the national maritime festival, which concludes today (Sunday 2 July) in Galway.

Taoiseach Leo Varadkar attended events in the City of the Tribes yesterday (Saturday 1 July), greeting festival goers as he explored the activities and entertainment at Galway Harbour and Docks.

This included tours of scientific vessels like the RV Celtic Explorer, and seeing local boatbuilders’ demonstration of their craft.

Published in News Update

#OurOceanWealth - Professional services giant PwC has announced a new three-year headline sponsorship of the Our Ocean Wealth Summit, the fourth of which takes place in Galway next month.

The one-day summit on Friday 30 June at NUI Galway coincides with Ireland’s national maritime festival SeaFest 2017 in the City of the Tribes.

Speaking at the partnership announcement, PwC advisory partner Declan McDonald said: “Having worked with the Irish Marine Development Office for a number of years, we are delighted to formalise our partnership with them and assist the Marine Development Team and the broader Marine Institute to continue the great work they are doing in achieving the ambitions set out in Harnessing Our Ocean Wealth.

“Our seas are a vital national asset and very important to Ireland's future economic success, and the Our Ocean Wealth Summit provides a unique platform for the opportunities of our blue economy to be brought to the fore.”

McDonald added: “The opportunities for the blue economy do not come without challenges, both immediate in terms of the potential economic impact of Brexit on our ports and fisheries, but also in the longer term in terms of sustainable development and protection of our sensitive marine environment.

“We look forward to overcoming these challenges with Peter and the team in the Marine Institute bringing both local and global marine sector expertise from around the PwC network."

Marine Institute chief executive Dr Peter Heffernan said: “Ireland's marine sector has enormous potential for growth and our ambition is to be at the forefront globally as a leader in both traditional and emerging marine activities.

“PwC's support, as an internationally recognised leader in professional services, reaffirms this ambition and we look forward to working closely together to realise the potential of Ireland's marine economy.”

Renowned innovation expert Tom Kelley was confirmed in March to speak at the fourth Our Ocean Wealth Summit, which will also feature economist, writer and broadcaster David McWilliams; Miguel Marques, partner at PwC Portugal and Economist of the Sea; Terry Garcia, former vice president of National Geographic and CEO of Exploration Ventures; and many more.

Published in News Update

#BlueEconomy - The Irish Maritime Development Office (IMDO) is inviting tenders for the supply of services to develop a new ‘umbrella style’ brand identity for Ireland’s ‘blue economy’.

The new tender from the IMDO – the Government agency responsible for the development, promotion and marketing of the Ireland’s maritime sector – would involve the development of a brand story, guidelines and video to communicate Ireland’s overall marine offering on a B2B basis, both nationally and internationally.

The new brand identity is to be developed in support of the recently established Marine Development Team (MDT), a specific-purpose, Government-funded task force that will work in collaboration with a number of Government development agencies with the overall goal of developing Ireland’s ocean economy.

The closing date for responses is Tuesday 14 February. Find out more about this tender HERE.

Published in News Update
Tagged under

Marine Minister Creed officially opens third national marine (Ocean Wealth) conference and launches third Progress Report on Implementation of Harnessing Our Ocean Wealth today.

The Minister outlined the Government’s continued commitment to blue growth and implementation of Harnessing Our Ocean Wealth –Ireland’s Integrated Marine Plan. Addressing more than 500 international and national industry leaders, policy makers, researchers and maritime entrepreneurs at the third annual ‘Our Ocean Wealth’ Conference today, in the National University of Ireland, Galway,

Speaking at the conference today Minister Creed said:

“Ireland’s marine sector is a vibrant part of our national economy and we have seen significant growth in our ‘blue economy’. This transformation is being brought about by the commitment and hard work of various State agencies, Government Departments, relevant stakeholders and investors.

“I am delighted to announce the publication of the third Progress Report on Ireland’s Integrated Marine Plan Harnessing Our Ocean Wealth published by the Government in 2012. The Report sets out the considerable recent progress achieved in implementing the ambitious targets and actions outlined in the Plan and I would like to thank everyone for their continued commitment to its implementation.

The conference, which is an opportunity to reflect on the progress and achievements in implementing Harnessing Our Ocean Wealth included contributions from Minister Creed, Minister Coveney, Minister Naughten and Minister of State Kyne.

Minister Creed stated “This Government will continue to work with the sector’s stakeholders, we will build on the success of recent years and continue to implement Harnessing Our Ocean Wealth – which aims to double the value of the blue economy by 2030 and deliver 29,000 additional jobs across the maritime sector and wider economy.”

Guided by the theme “Into the Blue – Innovating for our Marine Future” the conference focused on how Ireland can innovate in three target areas of Harnessing Our Ocean Wealth, namely: A Thriving Maritime Economy, Healthy Ecosystems and Engagement with the Sea. Key speakers included Mary L. Shelman, global food and agri-food thought leader, European Commission DG Research Head of Marine Resources Sigi Gruber, Gerald Fleming of Met Eireann, Craig McLean, US National Ocean & Atmospheric Administration and Linda Rosborough of Marine Scotland.

Creating an infrastructure to support the blue economy is critical to the success of Ireland’s integrated marine plan. A key infrastructural element to support the maritime sector was also officially launched at the conference by Minister Creed – the SmartBay Subsea Observatory has now started streaming high speed data from the seabed at Galway Bay to businesses, researchers, scientists and policy makers across the internet. Supported by the Marine Institute, Sustainable Energy Authority of Ireland (SEAI) and Science Foundation Ireland, the observatory will be used to collect valuable data from the ocean and will be a critical component of a world-class maritime infrastructure in Ireland.

Welcoming the launch of the Data Observatory, the Minister for Skills, Training and Innovation, John Halligan T.D. said , “This new infrastructure will play a key role in developing and testing the technologies necessary to unlock the economic potential of our Atlantic coast. It will drive innovation in SMEs and multinational companies in the ocean energy sector. I am particularly pleased that Science Foundation Ireland has supported this infrastructure with an award of €2.2 million, under its Research Infrastructure Programme, to fund the subsea cable providing power and data connectivity to the test site”.

Other announcements included the establishment of a dedicated Marine Development Team involving major development agencies of the state in an integrated inter agency based approach to delivering further development of the blue economy.

Minister Creed added that “The Marine Development Team which will make recommendations to the cross Departmental Marine Coordination Group, will be coordinated by the Marine Institute. I look forward to this talented team bringing a further collaborative, cohesive and cutting edge approach to growing Ireland’s Blue Economy and augmenting the positive inter agency work of recent years.”

Harnessing Our Ocean Wealth and Seafest are initiatives of the Inter-Departmental Marine Coordination Group. The conference as well as a range of industry and innovation events are taking place in Galway as part of SeaFest from 30th June -3 July. A wide range of public events are also taking place in Galway Harbour this weekend (July 2-3) as part of SeaFest which supports a key goal of Harnessing Our Wealth – An Integrated Marine Plan - engaging with the Sea.

Published in News Update

#OurOceanWealth - Industry leaders, policy makers, researchers and maritime entrepreneurs will come together for the third Our Ocean Wealth conference on Friday 1 July in NUIG to discuss marine innovation, marine spatial planning, healthy ocean ecosystems and sustainability, the Marine Institute announced today (Tuesday 7 June).

The theme of this year's conference is 'Into the Blue – Innovating for our Marine Future', and key speakers include Vice Admiral Mark Mellett, head of the Irish Defence Forces; European Commission director general and research head of marine resources Sigi Gruber; Gerald Fleming of Met Éireann; Craig McLean of the US National Ocean & Atmospheric Administration; and Linda Rosborough of Marine Scotland.

New Marine Minister Micheal Creed will also give his first formal address on the marine economy at the conference.

"This conference will be an opportunity to reflect on the progress and achievements in implementing Harnessing Our Ocean Wealth – An Integrated Marine Plan for Ireland," he said. "I'm looking forward to hearing from thought leaders and innovators across a broad and exciting maritime sphere and to join the discussion on innovating for our marine future."

Speaking at the launch of the conference schedule, Marine Institute CEO Dr Peter Heffernan said: "While there are many events internationally that look at specific areas of our marine economy, from shipping and transport to energy, the Our Ocean Wealth annual conference is unique in that it brings global experts in this industry together to discuss the future opportunities and challenges for the blue economy.

"This holistic approach to the global maritime economy, and our focus on Ireland's blue economy, makes it a must-attend event for anyone working in or involved in marine-related activities."

Delegates will also hear from Irish companies leading in innovation such as OpenHydro Group Ltd, which has just installed its second tidal turbine off the north west coast of France due to connect to the grid this summer, in what will be a world first for the tidal energy industry.

Several hundred people are expected to attend the Our Ocean Wealth conference, which is being held in Galway this year as part of SeaFest, Ireland's national maritime festival, from 30 June to 3 July.

A number of other blue economy events are also taking place to coincide with the conference, including a Sea Change Researchers Workshop at the Marine Institute, the Digital Ocean event at the Meyrick Hotel and the BIM National Seafood Conference which all take place on Thursday 30 June.

Published in Marine Science

#MarineIndustry - With Ireland's maritime industry definitively outperforming the general economy since the global financial crisis began, "reliable statistics" on the sector are needed to understand how the health of our waters and coastline affects the country as a whole.

That's the impetus behind new research being conducted by the Socio-Economic Marine Research Unit (Semru) at NUI Galway, together with Teagasc, to determine the indirect impact of Ireland's marine economy on the country's broader growth, as the Irish Examiner reports.

The collaboration has already produced what they call the Bio-Economy Input-Output Model, which studies the connections between Ireland’s marine and agriculture sectors and the rest of the economy – and has indicated that for every €100 in marine sector turnover, another €78 is generated across other economic sectors.

With those kinds of results, it's no surprise that Ireland's waters and coastline are being embraced as "a national asset providing incredible opportunities for tourism, energy, food and new applications for therapeutics and technology,” according to Marine Institute chief executive Dr Peter Heffernan.

“We’re building marine research infrastructure that will support and promote the development of the technology we need to harness that energy," he added. "We’re in an ideal position to become a leader in the development of ocean energy technology.”

Indeed, this prime time for Ireland's renewable energy potential was the spur for a UCC spin-out company to license a new financial modelling and analytics tool for the offshore wind and tidal power sectors.

Exceedence Ltd, founded and led by Dr Ray Alcorn, will now bring to market the ExceedenceFINANCE solution, developed by software engineers, financial analysts, industry specialists and researchers in the Marine Renewable Energy Ireland (MaREI) centre at UCC Beaufort.

“Our software analyses the viability of potential renewable projects and helps to make intelligent decisions on where and when these projects should proceed," explains Dr Alcorn.

The software is designed to help "a wide range of stakeholders" from State agencies, investors, engineers and developers "to create renewable energy infrastructure that can address the need for low or no-carbon energy within Ireland and abroad", according to University College Cork’s VP of research and innovation, Prof Anita Maguire

"This technology is very significant for the blue economy, in Ireland and internationally. We are delighted to see Exceedence develop commercially with the objective of supporting the marine industry and ultimately creating jobs.”

Published in Power From the Sea
Page 2 of 3

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