Editorial: One More Year Down
I’m not sure if it is a function of getting older, getting busier, or a combination of both, but the year 2014 to me is nothing but a blur. Despite the year-end plummet in oil prices that threatens to throw the offshore energy business into a tailspin, this has been by far the busiest and most productive year in my 20+ year publishing career, and while a drop in energy production may cause a lull in business surrounding the discovery and recovery of assets offshore, the facts regarding your business are rather simple: Energy prices will rebound with a long-term trend that is decidedly bullish; and the demand for advanced technology to discover, recover and analyze information from the world’s waterways will continue to grow.
In November I was honored to join the speaker roster of The Maritime Alliance’s Blue Tech & Blue Economy Summit in San Diego, an event which brought together a group of about two hundred “A List” executives from industry and government to strategize on the long-term plan to simultaneously grow the business and political influence the business and study of the ocean. I am true conference and exhibition veteran, and trust when I say this was a special event with candid conversation and liberal networking opportunities.
While I don’t have a crystal ball nor do I pretend to know with complete accuracy the future direction and speed of the various niches that make up this subsea business, I can report confidently that as the world continues to evolve as an increasingly interconnected community with complex problems, high-tech industries such as this will undoubtedly grow by leaps and bounds.
(As published in the November/December 2014 edition of Marine Technology Reporter - http://www.marinetechnologynews.com/Magazine)
Other stories from December 2014 issue
- Editorial: One More Year Down page: 6
- US Offshore Holds 'Huge Potential' page: 8
- Blue Tech Economy and the 'View from the Top' page: 10
- Study: Worldwide Ship Traffic up 300% since 1992 page: 12
- HYPACK Holds Hydrographic Training Event page: 18
- What’s all the Noise at IMO? page: 20
- Subsea Vessel Ops Predicted to Grow Over Coming Years page: 30
- Kongsberg EVOTEC: All about A-Frames page: 42
- Shallow Water Monitoring Sensors Track GOM Nitrate Pulse page: 46
- Nortek, Imbros Help Keep the Tasman Bridge Safe page: 53
- AML Delivers Cabled UV Biofouling Control page: 56
- Bowtech Debuts New Underwater Camera page: 56
- Fugro High Res Subsea Laser Scanning page: 56
- Realtime Tsunami Monitoring in Japan page: 57
- Offshore eLearning Sans Internet Access page: 58
- O&G Workforces & Online Distance Learning page: 59