New Blue Economy Cooperative Research Centre Gets Government Boost

MaREI is delighted that the Blue Economy Co-operative Research Centre (CRC) application led by the University of Tasmania (Hobart, Australia) has been successful. This $329 million research partnership is a 10-year collaboration between 45 national and international partners from industry, research and government, underpinned by a $70 million cash investment from the Federal Government, $78 million cash investment and $181 million in-kind investment from participants.


Key points:

The Blue Economy CRC includes broad industry participation across all the Centres 3 core sectors of offshore engineering, aquaculture and marine renewable energy with MaREI’s in-kind contribution being focussed on expert advice on marine governance, offshore renewable, co-location of marine platforms and aquaculture.


These core sectors are underpinned by five integrated research programmes with funding spread across these areas:

  • Offshore Engineering & Technology ($68m),
  • Seafood and Marine Products ($65.9m),
  • Offshore Renewable Energy Systems ($66m),
  • Environment and Ecosystems ($65.9m), and
  • Sustainable Offshore Developments ($62.8m).


MaREI, in addition to the Australian industry, government and research partners, will be joining partners from New Zealand, Chile, China, Singapore, Norway, Ireland, Belgium, France, Spain and the UK in order to deliver the ambitious research programmes.


Guy Barnett, MP Minister for Primary Industries and Water, on behalf of the Tasmanian Government personally thanked MaREI for our support, and for participating in and contributing to the successful submission.