Maritime industry riding the crest of a wave

Ireland’s ‘Blue Economy’ is a rich ocean of technological innovation, employment opportunities and offshore renewable energy alternatives, writes Siobhán Maguire

Edel O’Connor, business development manager of the Irish Maritime Development Office (IMDO)

There was a collective cheer from the maritime industry last January when funding of €2.4 million was announced to boost research and development in the sector.

The funding, which will be provided by the Marine Institute, will be allocated to 12 marine businesses over the next three years. The initiative will drive continued innovation in Ireland’s ocean economy, one of the key requirements ...