The Role of Marine Technology in the Global Economy VADM Conrad C. Lautenbacher, Jr., USN (Ret.) Under Secretary of Commerce for Oceans and Atmosphere NOAA Administrator World Maritime Technology Conference March 6, 2006

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy2 Menu Slide Marine Commerce Economics A Growing Global Trade Tools and Technologies National Oceanic and Atmospheric Administration (NOAA) Role in Reopening the Gulf Coast following Hurricanes Importance of Marine Technology

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy3 Economic Importance of Marine Commerce $2 trillion dollars in U.S. waterborne foreign trade 2.5 billion tons of domestic and international commerce $32 billion dollars in gross output from U.S. water carriers 4.8 million direct and indirect jobs linked to U.S. ports $16 billion dollars in federal, state and local taxes More than 90% of global trade is carried by sea

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy4 Increasing Use of Ocean Doubling of U.S. Trade by 2020 Growing Trade = Increased Traffic and Larger Vessels Greater Importance of Marine Navigation Systems “Without International Shipping, half the world would freeze and the other half would starve.” -IMO

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy5 What are the technologies that provide the tools for growing marine commerce? 1’ of draft = $3M in autos $100K in coal

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy6 Technology and Tools Tide Gauge LiDAR Image of Moss Landing Harbor Channel Physical Oceanographic Real Time System Autonomous Underwater Vehicle Electronic Navigation Charts

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy7 Effects of Hurricane Katrina and Rita Shut-in 100% of oil production – (1.5M barrels/day) Shut-in 94% of gas production (10B cubic feet/day) Mississippi Rivermouth closed Many goods frozen: Grain for Europe and Africa 70 % of U.S. coffee in flooded warehouse Bananas, Tires, Paint sat on barges clogging riverways Gas Prices up 150% Trucking rerouted at a loss of $1M/daty Fisheries Closed Allianz, Europe’s largest insurer may pay out up to $550 billion

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy8 NOAA’s Role in Reopening the Gulf Coast Navigation Response Teams Damage Assessment Flights & Aerial Photography Monitoring Water Levels with PORTS Monitoring Health of Seafood Navigational Response Teams

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy9 NOAA’s Role in Reopening the Gulf Coast Hazardous Material Response Planning for Restoration Ecosystem Monitoring Water Quality Fishery Stocks

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy10 Commerce Returning to the Gulf and to World Economy Fisheries Oil Industry Levees Hotels

The Role of Marine Technology in Returning the Gulf Coast to the Global Economy11 Marine Technology Drives Global Economy Bridges the gap between ocean users and industry The future of marine trade depends on global advancement in ocean observation systems We can see the future in trade but need to expand knowledge of both real time and forecasted ocean changes Air Gap Sensor, Port of Long Beach

Questions?