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Home » Ocean Economy Will Be Worth $3Tr by 2030, U.K. Report Says

Ocean Economy Will Be Worth $3Tr by 2030, U.K. Report Says

March 22, 2018
Supply Management

A report by the Government Office for Science (GO Science), which advises ministers, recommended government identify and work with key sectors to create a “long-term platform” for businesses and develop U.K. supply chains to benefit from growing global opportunities provided by the sector.

It projected the global ocean economy will double in size to $3tr by 2030.

But the report also highlighted a number of threats, including environmental, and predicted ocean plastics could treble between 2015 and 2025 without further action.

These were some of the findings and recommendations in the Foresight Future of the Sea report, a wide-ranging document published by GO Science today. Foresight reports are written by experts to inform ministers on medium and long-term issues.

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Logistics Global Gateways Global Logistics Ocean Transportation Transportation & Distribution Global Supply Chain Management Sustainability & Corporate Social Responsibility Industrial Manufacturing Europe
KEYWORDS Europe Global Gateways Global Logistics Global Supply Chain Management Industrial Manufacturing Logistics Ocean Transportation Supply Chain Analysis & Consulting sustainability Transportation & Distribution
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