Sea Technology

JAN 2019

The industry's recognized authority for design, engineering and application of equipment and services in the global ocean community

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www.sea-technology.com January 2019 | ST 35 replied that the budget for military and civilian agencies has had very little to moderate effect on them. National, International Outlook When asked about the general mood in their coun- try's marine industry, responses ran the gamut from pessi- mistic to optimistic, with most sensing a general positive mood at home, describing it as "hopeful," "enthusiastic," "upbeat" and "increasing slowly." The U.S. and Germany were said to have a good outlook, while Venezuela and the Caribbean were said to be cautious, Spain was said to be "quiet," and Turkey's market seems to be on the downturn. One respondent from Japan said the country "should develop management in [the] marine and waterfront frontier. Marine wind power exploitation will be required more and more." A person from the U.K. said the market there is mod- erate, and he/she is "hopeful of improvement." A respondent from Brazil said it looks promising for the offshore industry there. Someone from Argentina felt the domestic marine in- dustry is "very enthusiastic, but moderated by unclear laws." The outlook for the international market is more of a mixed bag. Positive responses said it looks "very good," "upbeat" and "active." Toward the other end of the spec- trum, responses said the international market looks "un- certain" and "nervous," and there is "much desire to do" but "little budget." Marine Renewable Energy The annual survey continues to ask about the growth of the market for marine renewables. Those involved with the renewable energy industry report continued growth, with one respondent declaring: "It's our biggest area of projected growth." Another respondent said marine renewable energy is "very important and a niche with much potential." "We are providing services for the construction and operation of offshore wind parks, and it is quite lively," said another respondent. Other areas of marine renewable energy activity for respondents include ROV tooling, environmental assess- ment, operational services and wave measurement de- vices. Trends, Predictions For the latest survey, we asked participants if they've noticed new trends or directions in the ocean space and whether they have predictions for 2019. Marine renew- able energy was pointed out as a new trend/direction that will continue. Other predictions include greater empha- sis on deep-sea exploration and mining, remote-sensing technology, AUVs and ASVs, unmanned systems, cloud- based data, anti-submarine warfare, and innovation to conserve ocean resources. One respondent said more government attention needs to be paid to ocean research: "We need the oceans more than we need more space exploration." ST Review&Forecast Firing Line Report By Aileen Torres-Bennett Managing Editor Sea Technology magazine E very year, partici- pants in our annual Firing Line Survey hail from around the world. This year, most of them are based in Europe (32.3 percent), fol- lowed by those based in the U.S. (25.8 per- cent), Asia (19.4 per- cent), Canada (12.9 percent), and South America (9.7 percent). Sales Most respondents (41.9 percent) reported more sales in 2018 than the previous year. Those reporting level sales with 2017 make up 35.5 percent of those surveyed, and those reporting a decrease in sales make up 22.6 percent. A majority of respondents report an optimistic outlook for 2019, with 64.5 percent expecting a higher sales vol- ume. Those expecting level sales with 2018 make up 29 percent of those surveyed, and 6.5 percent expect lower sales volume. The survey asked which product categories were the most active in terms of sales for 2018, and participants highlighted: acoustic sensor systems, communications/ telemetry, echosounders, GPS/DGPS navigation systems, mapping/survey systems, recorders/indicators, software/ data processing, multibeam sonar, side scan sonar, un- derwater vehicles, and other, unspecified products. Most orders came from government (civilian and mil- itary) and academia/research institutions. Participants were asked which customer base has the most potential, and they listed oil and gas, telecommu- nications, government, defense, renewable energy, envi- ronmental sampling, academia and research institutions as promising areas. A respondent that listed oil and gas said it is a growing market because there is increasing need for more pro- duction and maintenance of offshore assets. This respon- dent also said telecommunications is a growing market, related to the need for infrastructure maintenance. One person who cited government as a potential growth area said that there is a need for more electricity production without the use of carbon-based fuels. A respondent who listed marine renewable energy as an area for business growth said this would be prompted by a mandated end to nuclear power in his/her country. The survey asked if the current level of federal budget spending has affected business, and most respondents

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