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Ocean 100: The 100 Companies That Dominate the Ocean Economy – gCaptain


By Umberto Bacchi
Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution.
Together, the companies generated $1.1 trillion in revenues in 2018, or about 60% of the total, according to a study that sets out for the first time which firms profit the most from marine industries.
Oceans play a critical role in capturing planet-warming gases, absorbing around 25% of all carbon dioxide emissions. But environmentalists say much more needs to be done to protect them.
“There’s so much talk about the need for sustainable oceans … but there’s very rarely a conversation about who it is that needs to do the job,” said Henrik Osterblom, who co-authored the paper published in the journal Science Advances. ....

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Ocean 100: Profits from world's seas dominated by 100 companies


January 14, 2021 | 2:51 pm
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The “Ocean 100” list was topped by offshore oil and gas giants including Saudi Aramco and Brazil’s Petrobras, with only one firm from outside the industry, Danish shipping company A.P. Moeller-Maersk, making the top 10. Image of Safaniya Oil Field via Aramco/aramco.com
Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures, and pollution.
Together, the companies generated $1.1 trillion in revenues in 2018, or about 60% of the total, according to a study that sets out for the first time which firms profit the most from marine industries. ....

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'Ocean 100': Small group of companies dominates ocean economy


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DURHAM, N.C. - Most of the revenues extracted from use of the world s oceans is concentrated among 100 transnational corporations, which have been identified for the first time by researchers at Duke University and the Stockholm Resilience Centre at Stockholm University.
Dubbed the Ocean 100, these ocean economy companies collectively generated $1.1 trillion in revenues in 2018, according to research published Wednesday in the journal
Science Advances. If the group were a country, it would have the world s 16th-largest economy, roughly equivalent to the gross domestic product (GDP) of Mexico.
Now that we know who some of the biggest beneficiaries from the ocean economy are, this can help improve transparency relating to sustainability and ocean stewardship, said lead author John Virdin, director of the Ocean and Coastal Policy Program at Duke s Nicholas Institute for Environmental Policy Solutions. The small number of companies that dominate thes ....

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