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NOAA report shows U.S. Ocean Enterprise growth

December 7, 2021 — The following was released by NOAA Fisheries:

The U.S. Ocean Enterprise Report, released by NOAA today, shows significant growth in businesses that provide the technological means to observe and measure ocean dynamics. Called the Ocean Enterprise, this cluster of businesses, which provides essential support to the $2 trillion global Blue Economy and has revenues of $8 billion, saw a 60% growth of businesses–from 500 to 800–between 2015 and 2020. These businesses deliver essential information services to support sustainable use of ocean resources, understand Earth’s climate, and protect ocean health.

“Ocean Enterprise businesses provide observational technology and equipment essential to NOAA’s mission to take the pulse of the planet. Those businesses are also important users of NOAA’s publicly available data that they turn into actionable information and value-added products and services for a broad spectrum of end-uses– the raw material for building out the New Blue Economy, addressing everything from supporting renewable offshore energy development to ensuring efficient maritime commerce.” said Rick Spinrad, Ph.D., NOAA Administrator. “Understanding the trends affecting these businesses allows NOAA to identify new opportunities and partnerships to further support the Blue Economy.”

Building on the foundational study conducted by NOAA in 2015, this report analyzes trends in the Ocean Enterprise as it responds to the growing and changing information needs of the Blue Economy.

The report also details:

•The changes in the markets for Ocean Enterprise products and services as it pivots towards rapidly developing areas, such as offshore renewable energy.

•The changes in technologies to meet the needs of present and future Blue Economy markets, most notably a doubling of the number of businesses providing autonomous surface and underwater vehicles as platforms for ocean observations and measurements.

•The opportunities and challenges the Ocean Enterprise faces in supporting a growing Blue Economy, particularly in terms of navigating changing markets and the technological means of serving them.

“The combination of people, technology, and data analysis is a powerful way to address societal challenges related to our changing climate and rising seas,” said Carl C. Gouldman, director of the U.S. Integrated Ocean Observing System Office at NOAA. “To thrive in the decades ahead, we are going to need a robust Ocean Enterprise to innovate and problem-solve along the way. Our report and study results will help us understand and work with Ocean Enterprise companies to advance innovation more quickly and comprehensively.”

You can find more information on the study here, or download the full report here.

Climate, weather, and water affect all life on our ocean planet. NOAA’s mission is to understand and predict our changing environment, from the deep sea to outer space, and to manage and conserve America’s coastal and marine resources. See how NOAA science, services, and stewardship benefit your community: Visit noaa.gov for our latest news and features, and join us on social media.

 

Study affirms bright future for blue economy

October 25, 2021 — Contrary to popular belief, the fishing industry is not dead.

And UMass Amherst’s Gloucester Marine Station has the numbers to prove it.

According to a study conducted by the marine station and presented at the Cape Ann Museum to city and state leaders on Friday, blue economy jobs grew faster than the regional economy as a whole from 2004 to 2020 as the number of people working the blue economy grew by 19.5% on the North Shore.

Over this period, all industries in the region had a growth of 12.2%.

“The strength of our North Shore Blue Economy is a combination of mature and emerging specialized industry clusters and opportunities in both traditional maritime industries and technology-based industries not always perceived as being connected to the ocean,” Katie Kahl, an assistant professor of sustainable fisheries and coastal resilience at UMass Amherst, wrote in the executive summary of the study.

The blue economy, as The World Bank defines it, is the “sustainable use of ocean resources for economic growth, improved livelihoods and jobs and ocean ecosystem health.”

This includes coastal tourism and recreation, living resources, marine transportation, marine construction, ship and boat building and repair, and offshore minerals.

The focus area of the study included Gloucester, Rockport, Manchester, Essex, Beverly, Ipswich, Salem, Marblehead, Swampscott, Nahant, Lynn, Peabody, Danvers, Wenham, Hamilton, Rowley, Newbury, West Newbury, Newburyport, Salisbury and Amesbury.

Read the full story at the Gloucester Times

 

US maritime economy grew at a pace double the entire national GDP in 2019

June 28, 2021 — The nation’s maritime economy grew at pace that nearly doubled the growth of the entire U.S. GDP in 2019.

GDP stands for gross domestic product and reflects the total market value of all finished goods and services in a specific time frame. It is used to estimate the size of an economy and its growth rate – a sort of comprehensive scorecard of a country’s economic health.

A first-ever report released this month by the U.S. Department of Commerce showed that the so-called “blue economy” grew by 4.2% and generated nearly $400 billion to the GDP.

Along with the oceans, the report includes the Great Lakes and looks at the contributions from shoreside businesses. Those businesses generated almost $666 billion in sales in 2019 and supported 2.4 million jobs.

Commercial fishing, including aquaculture, contributed $27 billion making it the sixth-largest segment of the blue economy.

The top marine economic activity in 2019 was tourism and recreation, including coastal trips and travel, and offshore boating and fishing. That accounted for 35.3% of gross output totaling $235 billion.

Read the full story at the Anchorage Daily News

US “blue economy” contributed nearly USD 400 billion to GDP in 2019

June 8, 2021 — America’s maritime economy is firmly in the black, according to the first-ever ““blue economy” report from the U.S. Department of Commerce.

According to the report, released Tuesday, 8 June, the marine economy generated USD 397 billion (EUR 326 billion) to the United States’ gross domestic product in 2019. That sector grew at a 4.2 percent clip from 2018, nearly double the growth of the country’s entire GDP over the same timeframe.

Read the full story at Seafood Source

Canada makes commitments to bolstering blue economy

December 14, 2020 — Over the past two weeks, the Canadian government has made multiple funding and administrative commitments to bolstering the country’s blue economy – both in terms of growing ocean and inshore fisheries and in boosting salmon survivability.

Canadian Prime Minister Justin Trudeau and 13 other heads of state or government announced the endorsement of the “Transformations for a Sustainable Ocean Economy: a Vision for Protection, Production, and Proseprity.” The new document is a product of the High Level Panel for a Sustainable Ocean Economy, a multi-nation panel committed to sustainably manage all of the ocean under the countries’ respective national jurisdictions by 2025.

Read the full story at Seafood Source

SEN. ROGER WICKER: Governor’s testimony spotlights blue economy

April 8, 2019 — Mississippians have inherited, harvested, and benefited from our oceans. That is why our state is a leader when it comes to the Blue Economy – the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.

Late last month, Gov. Phil Bryant joined the Senate Committee on Commerce, Science, and Transportation, which I chair, and provided testimony at the committee hearing, “Our Blue Economy: Successes and Opportunities.”

As Governor Bryant said at the hearing, “On the Mississippi Gulf Coast, we have embraced the Blue Economy with all our energy and ingenuity.” The best seafood anywhere comes from the Gulf. Recreational and commercial fishermen up and down the coast contribute billions of dollars to our economy and support tens of thousands of jobs. Looking out at our coastal ports, you can see 55 million tons of goods flow in and out annually. Those goods are often transported on ships made in Mississippi and destined for harbors around the world.

Ocean conservation and development go hand-in-hand. In Mississippi, we take these lessons to heart.

Congress made significant progress on the Blue Economy when my colleagues and I passed the Modern Fish Act and the Commercial Engagement through Ocean Technology Act, or CENOTE, at the end of 2018. Both of these bills attracted bipartisan, bicameral support and were signed by the President.

Read the full opinion piece at the Daily Journal

Sea Grant Announces 2018 Aquaculture Research Awards

October 22, 2018 — The following was released by NOAA:

NOAA Sea Grant announces the award of $11 million in grants for 22 projects to further advance the development of a sustainable marine and coastal aquaculture industry in the U.S.

The research will address specific priorities of the 2018 Sea Grant National Aquaculture Initiative including, supporting the development of emerging systems or technologies that will advance aquaculture in the U.S., developing and implementing actionable methods of communicating accurate, science based information about the benefits and risks of U.S. marine aquaculture to the public; and increasing the resiliency of aquaculture systems to natural hazards and changing conditions. The projects, which will be conducted over a three year period, include a 50% match by non-federal partners. One hundred proposals were submitted requesting a total in $48 million in federal grant funds.

Sea Grant’s investment in aquaculture research, outreach and education programs continues to produce results for coastal communities and their economies. Between February 2017 and January 2018, Sea Grant invested $11 million in aquaculture research, with additional funds and resources dedicated to outreach and technology transfer, and reported $78 million in economic impacts, including support of 792 businesses and 1,387 jobs.

As part of the Department of Commerce, NOAA facilitates the growing uses of and demands on our ocean resources. One of the most urgent opportunities in the “Blue Economy” is the need to expand sustainable seafood production in the U.S. —both through the better utilization of our wild-capture fisheries and the expansion of marine aquaculture.

See some of the impacts resulting from Sea Grant-funded aquaculture research and learn more about aquaculture in the U.S. 

Diverse teams tasked with encouraging Alaska’s ‘blue economy’ entrepreneurs

October 17, 2018 — Alaska lays claim to over half the nation’s coastline and a third of the U.S. exclusive economic zone, making it prime real estate for those wanting to get in on the push to develop our oceans. That’s requiring new ways of thinking about traditional sectors such as fisheries, tourism, marine trades and oil/gas, as well as providing opportunities for new “blue economy” business ventures.

To encourage a wave of entrepreneurs, a second Ocean Technology Innovation Sprint will task 30 Alaskans this month with finding a problem and creating a prototype solution for a venture of their choice. They will be assigned to five teams and meet one day a week for five weeks before revealing their ideas to the public.

While the meetups are mostly in Anchorage, teams also can connect virtually from anywhere in the state.

“The remote teams are livestreamed to every event and they can work together on a digital whiteboard as if they were in person,” said Meg Pritchard, marketing and communications manager for the Alaska Ocean Cluster and OTIS co-organizer. “There was so much interest last year, it has become a huge part of OTIS, because it’s meant to bring together people from diverse locations.”

The goal of OTIS, which is modeled after a Google Ventures program, is to create an “economic ecosystem” of innovators, educators, mentors and businesses to help grow new products from the bottom up.

Read the full story at the Anchorage Daily News

 

Hillary Clinton Reveals Her Ocean Policies

August 30, 2016 — In response to a letter sent by 115 ocean leaders to the leading presidential candidates, Secretary Clinton has released a two-page response on what she will do to protect our coast and ocean. With just over two months until the election this marks the first time in the campaign where a candidate has fully addressed the daunting issues confronting America’s public seas.

In her letter on August 27 she lays out a range of solutions she says she will act on if elected including growing the “Blue Economy,” supporting coastal adaptation to climate change, ending international pirate fishing, expanding sustainable and transparent U.S. fishing and seafood practices and ratifying the Law of the Seas Convention that has been held up by the U.S. Senate for over 20 years.

Read the full story and letter at Blue Frontier

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