Minister Creed Launches Report on Ireland’s Strong Performing Ocean Economy

NUI Galway publishes report on Ireland’s Ocean Economy that shows in 2016 the direct economic value of the ocean economy was €1.8 billion representing a 20% increase on 2014

Friday, 30 June, 2017: NUI Galway’s Socio-Economic Marine Research Unit (SEMRU) has published its fourth report on Ireland’s Ocean Economy as part of their ongoing process of collection and analysis of marine socio-economic data in Ireland.

“This report shows Ireland’s ocean economy is experiencing sustained levels of economic growth both across established and emerging marine industries”, reports Dr Amaya Vega of SEMRU, based at the Whitaker Institute for Innovation and Societal Change at NUI Galway.

Dr Stephen Hynes, co-author of the report and director of SEMRU at NUI Galway, points out: “Our latest ocean economy figures demonstrate that Harnessing Our Ocean Wealth is moving steadily towards its 2030 targets. Download Report »