Ocean 14 Capital

01/08/2025

Our latest featured article focuses on a study that suggests that ocean plastic pollution may be significantly underestimated. An estimated 14 million metric tons of plastic is leaking into the ocean every year, requiring critical measures to address the problem.

Recycling efforts are key, and the global market for recycled ocean plastics is expected to be worth approximately $1.9 billion this year. Read the full article here: https://ocean14capital.com/2025/08/01/ocean-plastic-pollution-may-be-significantly-underestimated/

July’s Stat of the Month (see infographic below) relates to the number of jobs that could be created in aquaculture by 2050. A report from the World Bank and WWF highlighted a projected $1.5 trillion investment opportunity emerging over the same timeframe that would boost global aquaculture production to 225 million mt by the same date, significantly enhancing food security and economic resilience.

Highlights from our 4 key themes:

Sustainability: Interreg Europe has approved 24 blue economy projects across the Atlantic Area, allocating €55m to support regional cooperation in innovation (six projects worth €11.9m aim to boost SME capacity in aquaculture and algae-based industries), environmental protection (13 projects, totalling €31.6m), and sustainable tourism (five projects totalling €11.6m). The programme will co-fund up to 75% of project costs.

Aquaculture: The Mexican government has announced plans to achieve self-sufficiency in tilapia production by 2030, reflecting a stronger commitment to aquaculture as a key food production strategy. According to the National Commission of Aquaculture and Fisheries, more than half of Mexico’s 81,000 aquaculture workers are engaged in tilapia farming. In 2024, the sector generated $145.2 million in production value.

Carbon Capture: UK start-up Seabound has launched the world’s first commercial carbon capture system for ships, installed on the UBC Cork, a cement carrier operated by Germany’s Hartmann Group. The system captures exhaust emissions and converts CO2 into calcium carbonate, which is offloaded in Norway and processed by Heidelberg Materials for use in low-carbon cement.

Technology: Singapore-based aquaculture analytics firm Shrimpl has partnered with Brazilian equipment maker Trevisan to integrate IoT hardware with Shrimpl’s analytics and risk management platform. The collaboration aims to enhance precision, profitability and environmental monitoring in Brazilian shrimp and fish farming. Farmers will gain access to real-time data, satellite imaging and AI-powered tools for carbon tracking, biomass forecasting and cost optimisation.

14/07/2025

Our latest featured article focuses on the third UN Ocean Conference (UNOC3) in Nice that united 60 world leaders and 190 ministers in a bold push to strengthen global ocean governance. The five-day meeting, co-hosted by France and Costa Rica, was attended by 15,000 participants – triple the turnout seen at UNOC2 in Lisbon 2022—demonstrating a significant rise in global interest in ocean issues and renewed confidence in multilateral cooperation. The high seas treaty gained significant support and is expected to come into force by January 2026. Read the full article here: https://ocean14capital.com/.../unoc3-and-beff-meetings.../.

June’s Stat of the Month (see infographic below) relates to the hazardous nature of seafaring. A global survey conducted by Lloyd’s Register Foundation and Gallup has confirmed that ocean workers – seafarers, fishers and dockworkers – face significantly higher risks than many other industries. The findings highlight widespread gaps in safety training, with 68% reporting that they had not received any occupational safety and health training. Dangerous weather poses a major hazard, which is increasing due to climate change, and incidents often go unreported. https://www.marineinsight.com/.../seafaring-still.../...

Highlights from our 4 key themes:

Sustainability: The Council of the EU and the European Parliament have provisionally agreed to strengthen rules addressing non-sustainable fishing by third countries. The criteria for identifying non-cooperative nations, including failure to consult or enforce sustainable practices has been clarified. It also enables the EU to impose restrictions, such as import bans and applies in contexts requiring international cooperation, including Regional Fisheries Management Organisations.

Aquaculture: Mowi, a Norwegian-based seafood provider, has deployed its first low-emission fish farming site in Chile, using a floating solar hybrid system at Huar Norte. Developed in collaboration with AKVA group, Alotta Energy, and Fjord Maritime, the installation integrates solar panels directly onto pens and stores excess power in batteries. The project is expected to cut diesel use by 139,200 litres annually and reduce CO2 emissions by 350 mt, with renewables covering 57% of the site’s energy needs.

Carbon Capture: Marine carbon dioxide removal (mCDR) techniques may worsen ocean oxygen loss, according to a study. The investigation found that biological carbon removal methods, including ocean fertilisation, seaweed farming and artificial upwelling, can exacerbate ocean oxygen depletion by up to 40 times more than their climate benefits. The decomposition of boosted biomass consumes vast oxygen amounts, threatening marine ecosystems. In contrast, geochemical solutions such as ocean alkalinity enhancement show minimal oxygen impact.

Technology: Norway’s Aqualoop has entered a strategic collaboration with offshore engineering firm Saipem to advance its “Big Dipper” submersible salmon farm system. Designed for open-sea aquaculture, the platform can hold up to 20,000 mt of salmon annually and submerge to depths beyond 20 metres. Saipem, through its subsidiary Moss Maritime, will construct the 160-metre-diametre cages and tailor the technology for industrial-scale deployment.

09/07/2025

We are delighted to share the 2024 Impact Report charting the progress of the Ocean 14 Capital Fund I SCSp portfolio companies up to 31 December 2024.

Launched in November 2021, Ocean 14 Capital’s vision is a healthy ocean for everyone through a sustainable and regenerative blue economy. Ocean 14 Capital Ltd. is the investment advisor to Ocean 14 Capital Fund 1 SCSp.

The aim is to have the greatest possible impact in the blue economy by partnering with ocean businesses whose work supports the goals of UN Sustainable Development Goal 14: Life below water.

The Fund is working with companies at the cutting edge of sustainable aquaculture, alternatives to fish protein, sustainable fisheries, marine flora and circular plastics — and are proud to be partnering with the 16 innovative and impactful companies in the Fund’s portfolio.

In early 2024, the Fund reached the milestone of becoming the largest private equity fund investing in the blue economy, closing the fund with €201 million of committed capital. The whole team is hugely energised by this momentum.

As the team prepares their next chapter, take a look at the progress and impact of the first fund. Download the full report here: https://ocean14capital.com/2025/07/07/2024-impact-report-ocean-14-capital-fund-1-scsp/

08/05/2025

Our latest featured article focuses on the member states of the International Maritime Organization (IMO) agreeing on a deal aimed at cutting emissions from the global shipping industry, a major emitter of greenhouse gases.

Although responsible for 3% of global emissions, the industry is not covered by the Paris Agreement. Starting in 2028, ships will be required to adopt cleaner fuels or face penalties. Read the full article here: https://ocean14capital.com/2025/05/08/historic-imo-agreement-to-cut-global-shipping-carbon/.

April’s Stat of the Month (see infographic below) relates to the area covered by the Pacific Remote Islands Marine National Monument, which lies 750 miles west of Hawai’i. This is one of the largest ocean conservation areas in the world, and whose successful regeneration was featured in the new documentary "Oceans with David Attenborough".

President Trump has ordered parts of these federally protected waters to be re-opened to commercial fishing, raising significant concerns among environmental groups. The monument, home to endangered species and biodiversity hotspots, faces increased risks from commercial fishing, including over-exploitation, bycatch, and illegal fishing.

Highlights from our 4 key themes:

Sustainability: The Science Based Targets Network has launched the first ocean science-based targets, focusing on seafood. Developed with input from conservation and industry leaders, the targets help companies address overfishing, habitat destruction, and threats to marine wildlife. They provide a standardised framework to align operations with scientific thresholds and improve business resilience.

Aquaculture: Halophilic Marine Agriculture is pioneering the cultivation of Salicornia, a salt tolerant plant, using marine hydroponics in abandoned shrimp ponds in Vietnam. Floating platforms allow year-round production in saline ponds, producing fresh shoots and powdered products for high-end and health-focused markets.

Carbon Capture: The SeaCURE pilot plant, located at Weymouth Sea Life Centre, has begun extracting carbon dioxide from seawater to enhance the ocean’s natural CO2 absorption capacity. Funded by a £3m UK Government grant, the project acidifies seawater to release dissolved CO2, captures it, and then rebalances the water before discharge.

Technology: Underwater gliders from the National Oceanography Centre have enabled scientists to gather close-range data on the impact of meltwater from giant iceberg A-68a on the Southern Ocean ecosystem. Revealing that basal melting erodes the cold ‘Winter Water’ layer, allowing nutrient-rich deep waters to surface and stimulate biological productivity, this ground breaking mission has enhanced the understanding of iceberg-driven changes to ocean stratification, nutrient distribution, and climate-related processes.

10/04/2025

Our latest featured article focuses on the European Ocean Days 2025, held in Brussels from 3-7 March, which highlighted the importance of collaborative efforts to protect the ocean, enhance water management and boost the blue economy.

One of the major policy discussions at the event focused on the European Water Resilience Strategy to address escalating water stress, which is prescient given that half of Europe's river basins expected to face shortages by 2030.

Read the full article on our website: https://ocean14capital.com/2025/04/09/european-ocean-days-and-developing-the-blue-economy/.

March’s Stat of the Month (see infographic below) relates to a new study that has identified waters with consistent power densities over 2,500 w/m2—2.5 times higher than top wind sites—making them idea for ocean current energy.

Researchers at Florida Atlantic University have conducted a comprehensive global study of ocean current energy potential using more than 43 million data points from NOAA’s Global Drifter Program. Southeast Florida and South Africa have emerged as prime locations for energy extraction.

Notably, around 75% of high-energy areas fall within 500–1,000 watts per sqm, indicating broad potential beyond just the highest-density sites.

Highlights from our 4 key themes:

Sustainability: Antarctica’s melting ice could weaken the Antarctic Circumpolar Current by about 20% by 2050, affecting global weather, ocean life and climate stability. The decline is driven by fresh water from melting ice sheets disrupting the balance of temperature and salt in the Southern Ocean. This lighter surface water slows the current deep below, reducing how much heat and carbon the ocean can absorb.

Aquaculture: UK Research and Innovation has launched a £12m sustainable aquaculture initiative that aims to enhance environmental sustainability, food resilience and livelihoods across south-east Asia. Funded through the UK’s International Science Partnership Fund, it supports projects in Vietnam, Malaysia, Indonesia, Thailand and the Philippines.

Carbon Capture: A project in Texas could become the world’s first direct air capture (DAC) plant powered primarily by on-site wind energy. Announced by Return Carbon, Skytree and EDF Renewables, the facility aims to remove up to 500,000 mt of CO2 annually. Scheduled for 2028, it will use low-cost, behind-the-meter electricity to reduce operational costs. CO2 will be permanently stored underground by Verified Carbon.

Technology: Global OTEC has announced plans to deploy the world’s largest onshore Ocean Thermal Energy Conversion (OTEC) demonstration plant, using seawater temperature gradients to produce up to 500 kW of continuous clean power. The OTEC Power Module aims to prove commercial viability across over 100 tropical and subtropical regions. Compact and modular, it is designed for low-carbon offshore applications, reducing capital costs by up to 50%.

14/03/2025

Our latest featured article focuses on the 600,000-800,000 metric tons of fishing equipment that is abandoned, lost or otherwise discarded in the ocean and how a novel use of AI represents a quantum leap in the ability to clean up ocean plastic pollution. Read the full article on our website: https://ocean14capital.com/2025/03/14/wwf-germany-led-initiative-using-ai-to-detect-ghost-nets/

February’s Stat of the Month (see infographic below) relates to satellite data revealing that global sea-ice levels have hit an all-time low, with Arctic and Antarctic ice shrinking at unprecedented rates.

The loss of sea-ice reduces the planet’s albedo – its ability to reflect sunlight. This process accelerates global warming given that more UV remains on the Earth's surface. Experts attribute the decline to rising ocean and air temperatures, as well as wind-driven ice breakup.

Antarctic sea-ice, once considered resilient, now shows signs of long-term change. Scientists warn that continued ice loss could disrupt ocean currents and intensify climate impacts. Urgent action is needed to mitigate further damage to these critical polar ecosystems.

Highlights from our 4 key themes:

Sustainability: Kelp forests are vital ecosystems that support marine biodiversity and provide climate resilience, yet they are rapidly declining. A recent study found that only 15.9% of the world’s kelp forests are in protected areas, with just 1.6% under high protection. Major threats include climate change, overfishing and unchecked sea urchin populations.

Aquaculture: UK-based start-up Rare Earth Global has secured £1m ($1.3m) in pre-seed funding to advance h**p-based aquafeed production. Initially a consultancy project, the company identified h**p as a viable alternative to soy due to its rapid growth, low input needs and reduced carbon footprint. Partnering with salmon producer Mowi, studies confirmed h**p’s performance in fish feed.

Carbon Capture: The UK government has announced measures to unlock 16 GW of offshore wind capacity. Chancellor Rachel Reeves outlined plans to enable the designation of Marine Protected Areas funded by developers. A Marine Recovery Fund will also be established to coordinate environmental mitigation across multiple projects. The initiative is expected to attract £30bn in clean energy investment while balancing offshore wind expansion with marine conservation

Technology: The EU has awarded NOK90m ($8m) to the STEESMAT project, which aims to develop an innovative power distribution system for zero-emission ships. Led by Norway’s Maritime CleanTech, 13 European partners will collaborate on a medium voltage direct current system to replace conventional AC systems. The new technology will enhance energy efficiency, integrate renewable sources and reduce emissions by up to 40%.

12/02/2025

This month's featured article focuses on how ocean conservation, blue finance, and marine biodiversity were central on the Ocean Action agenda at Davos this year.

Read the full article on our website: https://ocean14capital.com/2025/02/11/defining-moments-for-ocean-sustainability-at-davos-2025/

This month's Stat of the Month (see infographic below) relates to the capital raised by aquaculture startups in 2024 the highest proportion of funding went to next generation farming, securing 48% of the total ($295 million).

Global aquaculture investment fell by 28% in 2024, with startups raising $619m compared to $854m the previous year. Despite the decline, 70 deals were made, reflecting sustained investor interest. Next-generation farming led venture funding, securing 48% of total capital ($295m), followed by nutrition ($144m) and regenerative aquaculture ($48m).

Investment in recirculating aquaculture systems (RAS) doubled to $250m, while seaweed farming attracted $46m. The aquafeed sector saw record growth, with global governments backing genetically modified omega-3 crops. Looking ahead, geopolitical shifts and trade restrictions could impact supply chains in 2025.

Highlights from our 4 key themes:

Sustainability: Indonesia is strengthening its marine conservation efforts, aiming to protect 10% of its marine territory –30 million ha – by 2030 and expand it to 30% –97.5 million ha – by 2045. The country currently safeguards 29.9 million ha, including 1.1 million ha of coral reefs, 84,000 ha of mangroves and 150,000 ha of seagrass ecosystems.

Aquaculture: Chinese e-commerce giant JD.com has partnered with Meizhou Hongxi Technology Industry Co. to launch a CNY500m ($70m) vertically integrated fish farm in Guangdong, China. The Jingdong Intelligent Fishery Industry Park aims to produce 5,000 mt of mandarin fish in 2025, valued at CNY430m, with projected profits of CNY140m.

Carbon Capture: Belfast Harbour has announced a £90m ($112m) port upgrade to accommodate a surge in offshore wind energy projects and cruise ships, as part of a £300m investment plan. A new deepwater quay will be constructed to support wind farm installations, with 30 planned offshore wind projects within a 200 km range expected to generate over 30 GW of capacity, enough to power 20 million homes.

Technology: The UN has officially endorsed Ava Ocean’s Ocean Green project, recognising its efforts to restore Norwegian kelp forests under the Marine Life 2030 action stream. Over 80% of Norway’s kelp forests have been destroyed in the past decade due to climate change and overfishing of urchin predators.

16/01/2025

This month's featured article focuses on the decarbonisation of the shipping sector, which offers an opportunity to drastically reduce global emissions and align with the Paris Agreement’s climate objective.

Read the full article on our website: https://ocean14capital.com/2025/01/16/the-drive-to-decarbonise-the-shipping-sector/

This month's stat of the month (see infographic below) related to the disparity between ocean and land protection. Right now, only 8% of the oceans are protected compared to 15% of the land. To meet the global 30% target by 2030, protections must increase by an area larger than the Indian Ocean.

In 2024, global marine conservation saw advancements, including significant new marine protected areas (MPAs). Despite these gains, oceans remain underprotected, with only 8% safeguarded compared to the 30% target set for 2030.

High seas, covering half the planet’s surface, are critically underserved, with just 1.4% protected. The High Seas Treaty, pending ratification, could enable vital progress, but achieving the goal requires urgent, coordinated global action (https://news.mongabay.com/short-article/marine-protection-efforts-in-2024-were-still-a-drop-in-the-ocean/)

Highlights from our 4 key themes:

Sustainability: US Senators Tim Kaine and Bill Cassidy have introduced the Protecting Global Fisheries Act to tackle illegal, unreported and unregulated fishing and the trade of endangered species. The legislation expands US authority to enforce maritime laws and sanctions against violators, while strengthening international cooperation.

Aquaculture: Canadian aquaculture research organisation Onda, in partnership with the Canola Council of Canada (CCC), has launched an 18-month project to explore canola meal as an alternative aquafeed ingredient.

Carbon Capture: The UK North Sea, a historic offshore oil and gas basin, has seen declining production since its peak in 2000, dropping to 1 million barrels of oil equivalent in 2024 and projected to fall further by 2029. Amid this decline, the region has become a global leader in offshore wind energy, hosting nearly 15 GW of wind farms with plans to reach 60 GW by 2030.

Technology: Electrochemical methods to remove CO2 from seawater, such as ocean alkalinity enhancement and direct ocean capture (DOC), are gaining momentum as potential tools to address climate change. These technologies leverage the ocean’s natural carbon absorption capacity, with some projects focusing on storing captured CO2 or using it commercially.

04/12/2024

Our monthly newsletter is taking a new direction. We will have our featured article and focus on a key development relating to each of our four themes: Ocean Sustainability; Aquaculture; Carbon Capture & Sensors; and Emerging Preservation Technology.

This month's feature focuses on the COP29 climate summit in Baku, Azerbaijan. It centred on new carbon market rules under Article 6 of the Paris Agreement and a global finance target of $300 billion annually for developing nations by 2035, contributing to a broader $1.3 trillion goal.

Read the full article on our website: https://ocean14capital.com/2024/12/03/cop29-sees-new-carbon-rules-climate-finance-and-ocean-advocacy/

This month's stat of the month (see infographic below) is about plastic pollution. A UN coalition led by Norway warns that the world will struggle to manage plastic waste within a decade without significant curbs on production.

Speaking ahead of the fifth and decisive session of the Intergovernmental Negotiating Committee (INC-5) in Busan, South Korea, Norway's Anne Beathe Kristiansen Tvinnereim emphasised the urgency of addressing plastic pollution across its entire lifecycle.

Global plastic use and waste are projected to triple by 2060, with less than 20% recycled and half destined for landfills. INC-5, running from 25 November to 1 December, aims to finalise a historic legally binding treaty to combat plastic pollution, using the Chair's Non-Paper 3 as a foundation.

Highlights from our 4 key themes:

Sustainability: Protecting oceans offers extra benefit to avoid whale collisions with ships: A recent study highlights that safeguarding just 2.6% of the ocean's surface could significantly reduce deadly whale-ship collisions.

Aquaculture: Forecasting seafood safety using modelling from winter SSTs to predict summer shellfish toxins. A study focused on Scottish and Shetland aquaculture regions found that colder winter and spring temperatures signal higher risks of harmful algal blooms, which produce toxins that accumulate in shellfish.

Carbon Capture: Mapping seabed carbon reveals new insights into marine conservation: Two new studies in Canada and the UK reveal the vast carbon storage potential of seabed sediments, highlighting their critical role in mitigating climate change.

Technology: German startup pioneers safer, scalable protein production using CO2. German biotech startup b.fab is developing a revolutionary method to convert CO2 into protein for aquafeeds, using renewable electricity and liquid feedstock.

18/11/2024

Demand for ‘blue foods’ is expected to double by 2050, from 2015 levels, and aquaculture will drive fish production, accounting for 106 million metric tonnes in 2030, a rise of 32% from 2020 levels, according to the FAO.

From an investment perspective, the global aquaculture market size was valued at $264 billion in 2021 and is expected to reach $401 billion by 2030, growing at a CAGR of 5.37%.

The consumption of a protein-rich diet will increase spending and adoption of cutting-edge technologies, such as machine learning, the Internet of Things (IoT), artificial intelligence (AI), automatic feeders, and acoustic telemetry tracking systems by aquaculture farm owners, and is behind the recent Ocean 14 Capital Fund investment in aquaManager.

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Aquaculture will continue to drive growth in global fish production by accounting for 106 million metric tonnes in 2030, a rise of 32% from 2020 levels, according to the FAO

13/10/2024

Many marine organisms’ migratory routes remain largely uncharted given the difficulty of operating tracking technology in the open ocean.

However, recent developments in acoustic telemetry technology, a method of tracking aquatic life using sound-emitting tags that emit sequences of high-frequency pulses, could close the data gap and accelerate marine conservation efforts.

Projects such as the EU-funded STRAITS initiative aim to monitor key marine migration routes across Europe’s seas, providing critical data on species, including bluefin tuna, eels, and Atlantic salmon.

The European Tracking Network (ETN) is supporting the STRAITS initiative by improving compatibility between different telemetry systems and collaborating with manufacturers to create an open-source, pan-European tagging and receiver system.

It is hoped that one day the European telemetry system will mature into a unified global network.

According to the ETN, the technology has only recently “progressed to enable the tracking of animals over larger and longer time scales,” suggesting a watershed moment may have been reached where tracking aquatic life becomes increasingly accessible, accurate, and comprehensive.

Locational data gathered by these acoustic trackers can inform sustainable fishing quotas, the formation of Marine Protected Areas, and mitigate the impact of offshore wind farm operations on migrating fish populations.

Read our featured article by clicking below.

This month, there are some 30 items of news under the themes of Ocean Sustainability; Aquaculture; Carbon Capture & Sensors; and Emerging Preservation Technology each month, here are some of August’s highlights:

• The Ocean Cleanup targets elimination of Great Pacific Garbage Patch by 2034
• UK becomes first nation to map its 'blue carbon' habitats
• Australian government pledges $15m to boost Queensland's aquaculture industry
• Biotech startup MiAlgae secures £14m for sustainable Omega-3 production
• Abu Dhabi launches country's first sea cage aquaculture project
• Scientists revive controversial geoengineering technique to encourage the ocean to absorb more CO2
• Onboard carbon capture emerges as key decarbonisation strategy for shipping
• Antarctic krill store as much carbon as the world’s salt marshes, mangroves and seagrass beds
• World's first ship-to-ship ammonia transfer completed, marking milestone for clean shipping fuel
• EU approves €19.6m project to commercialise floating wave energy converter

Location data gathered by acoustic trackers can inform sustainable fishing quotas, the formation of Marine Protected Areas, and mitigate the impact of offshore wind farm operations on migrating fish populations

05/09/2024

Did you know that according to The Paulson Institute, a US-based think tank, estimates, restoring degraded mangrove habitats would deliver between $27bn-$37bn in annual economic benefits to coastal communities?

Flood damages in a world without mangroves would rise an estimated 16% – roughly equivalent to $82bn. Research has also revealed the mitigative role mangroves played in protecting coastal communities during the 2004 Indian Ocean tsunami.

Yet nearly two-thirds of historic mangrove loss can be attributed to human activity, while half of the world’s mangroves are at risk of collapse, primarily due to human behaviour, such as coastal development and shrimp farming.

But there is hope.

Madagascar’s once heavily deforested mangrove forests are showing signs of recovery following focused conservation efforts, according to a recent study using 50 years of satellite images, which reveals that while Madagascar’s mangrove coverage decreased by 8% from 1972 to 2019, deforestation has slowed significantly.

Between 2009 and 2019, mangrove cover increased by 5%. The strongest recoveries occurred in protected areas, which saw an 8.7% increase in coverage. However, challenges like illegal logging, mining, and climate change persist, meaning conservation and community empowerment are essential to ensure the continued success of the country's mangrove habitats.

Forming in intertidal zones, these coastal woodlands are crucial from an ecological perspective as they reduce flood and erosion risk, protect water quality, sequester disproportionate amounts of carbon – drawing in three times the volume of carbon stored by tropical forests of the same size – and house unique biodiversity systems. Additionally, mangroves provide essential services and economic benefits for coastal communities.

This month, there are more than 30 items of news under the themes of Ocean Sustainability; Aquaculture; Carbon Capture & Sensors; and Emerging Preservation Technology each month, here are some of August’s highlights:

• Purina Europe joins Norwegian Marine Restoration Initiative
• Scotland proposes fishing gear restrictions in Marine Protected Areas
• European Commission invites stakeholders to join support group for energy transition in fisheries and aquaculture
• Tesco adopts decapod crustacean welfare policy
• Startup develops reactor to turn CO2 produced by the shipping industry into harmless salts
• Energy giants collaborate to explore offshore carbon capture and storage in Malaysia
• First MW-scale wave energy project launched in Portugal
• Scientists transform microplastics into graphene, offering new hope for environmental clean-up
• UK partners with New Zealand to develop offshore wind energy sector
• EU to launch €8m funding call for advancing ocean energy technology

Nearly two-thirds of historic mangrove loss can be attributed to human activity, while half of the world’s mangroves are at risk of collapse, primarily due to human behaviour