PwC backs marine industry as headline sponsor of 'Our Ocean Wealth Summit'

09 May, 2017

Onboard Irish Ferries 'Ulysses' at Dublin Port launching 'Our Ocean Wealth Summit' are Declan McDonald, Yvonne Thompson and Dr. Peter Heffernan.

Pictured onboard Irish Ferries 'Ulysses' at Dublin Port launching 'Our Ocean Wealth Summit' are (l-r): Declan McDonald, Advisory Partner, PwC; Yvonne Thompson, Tax Partner, PwC and Dr. Peter Heffernan, Chief Executive, Marine Institute.

The conference is part of the 2017 SeaFest, hosted by the Marine Institute and forms a key part of the Government's integrated plan for Ireland's marine sector, Harnessing our Ocean Wealth.

PwC Ireland has announced a three-year headline sponsorship of Ireland’s largest gathering of our marine and business communities. ‘Our Ocean Wealth Summit’, held annually as part of SeaFest, takes place in the National University of Ireland, Galway, on 30 June.

Now in its fourth year, the event forms a key part of the Government’s integrated plan for Ireland’s marine sector. The theme, ‘Rethinking Boundaries and Innovation for a Sustainable Marine Economy’, brings together world renowned speakers, industry experts, business development agencies and the Irish business and marine research community.

Declan McDonald, PwC Advisory Partner, said: “We have worked with the Irish Marine Development Office for a number of years, and are delighted to formalise our partnership with them. We're proud to assist the Marine Development Team and the broader Marine Institute to continue the great work they are doing in achieving the ambitions set out in Harnessing Our Ocean Wealth.

Our seas are a vital national asset and very important to Ireland’s future economic success, and the ‘Our Ocean Wealth Summit’ provides a unique platform for the opportunities of our blue economy to come to the fore. Those opportunities don't come without challenges, such as the potential economic impact of Brexit on our ports and fisheries, and the sustainable development and protection of our sensitive marine environment. We look forward to overcoming these challenges with Peter and the team in the Marine Institute, and to bringing both local and global marine sector expertise from around the PwC network.”

Speakers at the event include Tom Kelley of the global design and development firm, IDEO. He joins a host of other national and international thought leaders and industry experts, including economist David McWilliams; Miguel Marques, Partner, PwC Portugal and Economist of the Sea; Terry Garcia, former VP National Geographic and CEO, Exploration Ventures; Andrew McDowell, VP, European Investment Bank; Wendy-Watson Wright, CEO, Ocean Frontier Institute Canada, and many more.

Dr Peter Heffernan, CEO, Marine Institute, commented, “We are delighted to have the support of PwC. Ireland’s marine sector has enormous potential for growth and our ambition is to be at the forefront globally as a leader in both traditional and emerging marine activities. PwC’s support, as an internationally recognised leader in professional services, reaffirms this ambition and we look forward to working closely together to realise the potential of Ireland’s marine economy.”



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