Maritime Economy

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  • Rahul Kumar asked: What is the difference between Maritime Economy and Blue Economy? Is Maritime Economy a subset of Blue Economy?

    Abhay Kumar Singh replies: The ‘maritime economy’ is a representative term used for economic activities and industries that utilise ocean resources in a production process or produce a product or service. The terminology related to the maritime economy is used differently around the world, including such terms as “ocean economy”, “ocean industry”, “marine economy”, “marine industry”, “marine activity” and “maritime sector”.