The Blue Economy

AltaSea CEO Terry Tamminen Headlines Our Ocean Conference in Greece

Retrieved on: 
Tuesday, April 9, 2024

AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.

Key Points: 
  • AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.
  • The invitation-only conference convenes blue economy experts to discuss innovative ocean solutions and strengthen commitments to sea and ocean protection and sustainability.
  • Tamminen will join a panel discussion on “Establishing a Sustainable Blue Economy.”
    More details on the 2024 Our Ocean Conference, as well as ways to stream the panel, can be found here: https://www.ourocean2024.gov.gr/ .
  • The conference brings together governments, international organizations, researchers, the private sector, and nonprofits that have a shared vision and goal to protect the ocean.

Ørsted Proposes New Rhode Island Offshore Wind Farm to Power Ocean State’s Blue Economy and Clean Energy Future

Retrieved on: 
Wednesday, March 27, 2024

Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind energy at stable and affordable pricing for Rhode Island homeowners and businesses for decades.

Key Points: 
  • Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind energy at stable and affordable pricing for Rhode Island homeowners and businesses for decades.
  • Ørsted and Eversource are currently constructing Revolution Wind, Rhode Island’s first utility-scale offshore wind farm.
  • Revolution Wind will deliver 400 megawatts of clean, affordable offshore wind power to nearly 200,000 Rhode Island homes.
  • Invested $1 million to establish a training partnership with the Community College of Rhode Island, the Rhode Island Department of Labor and Training, Rhode Island Commerce, the Rhode Island Building and Construction Trades Council and Building Futures.

Sea6 Energy launches world's first large-scale mechanized tropical seaweed farm off the coast of Lombok, Indonesia

Retrieved on: 
Thursday, March 7, 2024

LOMBOK, Indonesia, March 7, 2024 /PRNewswire/ -- Sea6 Energy, a technology pioneer in the Blue Economy, has launched the world's first large-scale mechanized tropical seaweed farm off Ekas, on the island of Lombok, Indonesia.

Key Points: 
  • LOMBOK, Indonesia, March 7, 2024 /PRNewswire/ -- Sea6 Energy, a technology pioneer in the Blue Economy, has launched the world's first large-scale mechanized tropical seaweed farm off Ekas, on the island of Lombok, Indonesia.
  • We are delighted that a company like Sea6 is committed to scaling up of seaweed cultivation and processing in Indonesia."
  • "We are honored to inaugurate the world's first mechanized tropical sea farm, a testament to our unwavering commitment to innovation and sustainability in the Ocean Economy," said Nelson Vadassery, co-founder and CEO of Sea6 Energy.
  • In 2023, Temasek Foundation provided a grant to support the pilot of the automation and mechanization of the tropical seaweed farm in Ekas.

Respected Philanthropist & Aquaculture Leader John Molina Named to AltaSea’s Board of Trustees

Retrieved on: 
Thursday, February 1, 2024

Molina has been involved with AltaSea for the past five years as the founder of Pacific6 Enterprises that docks its one-of-a-kind aquaculture vessel at AltaSea.

Key Points: 
  • Molina has been involved with AltaSea for the past five years as the founder of Pacific6 Enterprises that docks its one-of-a-kind aquaculture vessel at AltaSea.
  • “John Molina is a visionary leader with an especially important focus on our oceans.
  • We could not be more pleased to have John join our board as we address climate change through ocean-related solutions,” said Dr. Geraldine Knatz, Chair of AltaSea’s Board of Trustees.
  • Additionally, Dr. Melanie Lundquist, LHD joined the Board of Trustees in August 2022.

AltaSea Expands Leadership Team with Milken Institute & Berggruen Institute Alum Jade Clemons

Retrieved on: 
Thursday, November 30, 2023

Clemons most recently served as Senior Program Manager at Berggruen Institute, a Los Angeles-based think tank founded by investor and philanthropist Nicolas Berggruen.

Key Points: 
  • Clemons most recently served as Senior Program Manager at Berggruen Institute, a Los Angeles-based think tank founded by investor and philanthropist Nicolas Berggruen.
  • During her time at Berggruen Institute, Clemons studied equitable and sustainable economic systems with an eye towards human and non-human flourishing.
  • Prior to Berggruen Institute, Clemons served as the Associate Director of the Center for Regional Economics at the Milken Institute focusing on small business and sustainability initiatives.
  • I’m thrilled to be joining the team at AltaSea working to meet this challenge every day,” said Clemons.

The Metals Company Releases Second Annual Impact Report

Retrieved on: 
Tuesday, October 31, 2023

With our second Impact Report, we detail how we can responsibly tap the planet's largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts.

Key Points: 
  • With our second Impact Report, we detail how we can responsibly tap the planet's largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts.
  • Benchmark’s LCA shows the NORI-D Project model performed better in almost every impact category analyzed than all the land-based routes analyzed.
  • TMC’s 2022 Impact Report was prepared using the Global Reporting Initiative (GRI) Standards as guidance.
  • To access TMC’s 2022 Impact Report, click here .

Indonesia calls for AIS Forum collaboration to face global challenges

Retrieved on: 
Thursday, October 12, 2023

BALI, INDONESIA, Oct 12, 2023 - (ACN Newswire) - Indonesia, as host of the 1st High-Level Meeting of the Archipelagic & Island States (AIS) Forum, has called for the collaboration of AIS Forum participating countries to respond to various global challenges.

Key Points: 
  • BALI, INDONESIA, Oct 12, 2023 - (ACN Newswire) - Indonesia, as host of the 1st High-Level Meeting of the Archipelagic & Island States (AIS) Forum, has called for the collaboration of AIS Forum participating countries to respond to various global challenges.
  • President Joko Widodo speaks during a press conference following the 1st High-Level Meeting of the Archipelagic and Island States (AIS) Forum in Nusa Dua, Bali, on October 11, 2023.
  • He also affirmed that Indonesia, as a maritime nation, would continue to be at the forefront of supporting the AIS Forum as an inclusive cooperation of archipelagic and island countries.
  • Indonesia is hosting the 1st High-Level Meeting of the AIS Forum, which is attended by 32 countries out of 51 AIS countries and four international organizations.

AIS (Archipelagic & Island States) Forum 2023 highlights Blue Economy to mitigate climate change

Retrieved on: 
Monday, October 9, 2023

The HLM will have four themes: adaptation and mitigation against climate change, promoting a sustainable blue economy, handling plastic waste in the oceans, and strengthening sustainable maritime governance.

Key Points: 
  • The HLM will have four themes: adaptation and mitigation against climate change, promoting a sustainable blue economy, handling plastic waste in the oceans, and strengthening sustainable maritime governance.
  • Climate change is a common enemy for island countries," Alexander Muhammad Khan, Indonesian representative to the AIS Research and Development (RnD) Conference.
  • Since its formation in 2018, the AIS Forum has made efforts to realize the Blue Economy, including the Blue Financing Strategic Framework, which will be highlighted in the discussion on the blue economy during the HLM.
  • AIS Forum further highlights the importance of the Blue Economy by holding the AIS Blue Economy High-Level Dialogue on October 9, another side event for the 2023 HLM.

Cognizant and Tidal Announce Collaboration to Help Blue Ocean Economies Accelerate Decarbonization, Starting with Blue Food

Retrieved on: 
Wednesday, June 14, 2023

TEANECK, N.J., June 14, 2023 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it is collaborating with Tidal, a project inside X, Alphabet's Moonshot Factory, to make Tidal's ocean information platform widely available to the aquaculture market. Until now, Tidal's platform has been available to select pilot partners only, offering data-driven insights designed to improve the sustainability and efficiency of their operations. Cognizant will use its software and systems integration expertise to bring the Tidal platform to the broader aquaculture market.

Key Points: 
  • Cognizant will use its software and systems integration expertise to bring the Tidal platform to the broader aquaculture market.
  • Longer term, Cognizant and Tidal will explore additional ways to apply the platform to make an impact on industries that depend on ocean insights, including blue transportation; blue energy, and blue carbon.
  • Together with aquaculture, part of blue food, these sectors of the blue economy represent a significant opportunity to decarbonize large ocean-based industries.
  • "We welcome this important collaboration with Tidal to work together with clients to support their holistic, systems-level change."

Cognizant Introduces Cognizant® Ocean to Help Ocean Industries Navigate the Effects of Over-Exploitation and Climate Change

Retrieved on: 
Wednesday, June 14, 2023

TEANECK, N.J., June 14, 2023 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it is has created a new business group, Cognizant® Ocean, which will focus on helping clients in the "Blue Economy" apply digital technologies, such as AI and data analytics, to improve their business outcomes, reduce their carbon output and decarbonize the oceans.  

Key Points: 
  • "Business that rely on a healthy ocean for their livelihood are facing unprecedented challenges because of climate change and over-exploitation on their industry.
  • Cognizant Ocean focuses on four key industries: Blue Carbon, Blue Energy, Blue Transport, and Blue Food.
  • Blue Carbon, which focuses on decarbonizing the oceans, involves reducing greenhouse gas emissions, mitigating climate change impacts, and promoting sustainable practices in the ocean industries.
  • As part of the introduction of Cognizant Ocean, the company also announced a new partnership , which aims to help accelerate decarbonization, starting with the Blue Food industry.