Marine Technology Reporter Blogs - newfoundland ocean technology

PanGeo Subsea Inc. of St. John’s, Newfoundland, Canada, a service provider of high-definition 3D sub-seabed acoustic imaging, and SeaRoc Inc. of Brighton, UK, a consultancy with experience in offshore wind, wave and tidal energy, have entered into a working agreement to pool their expertise to offer a comprehensive service package to the offshore renewable industry. The two companies will provide a bundled site investigation service that includes project management, vessels, imaging equipment and data collection and analysis to support the near-shore and offshore requirements of investigations and installations related to the development of wind farms.

Sales revenues in the 50 companies within Oceans Advance, Newfoundland and Labrador’s ocean technology cluster, have increased by 126 per cent since 2006--31 per cent annually--from $225 million to $509 million. Related sales revenues increased from $129 million to $433 million during that time. Exports increased by 300 per cent. Dennis Hogan, Assistant Deputy Minister of the Province’s Department of Innovation, Trade and Rural Development, reported on the growth of the cluster at the National Research Council’s Institute of Ocean Technology on January 13th. Hogan, who recently completed an MBA in Innovation at the Massachusetts Institute of Technology (MIT)…