Ocean Exchange Grants Two USD$100,000 Awards to Innovative Start Ups

SAVANNAH, Ga., Oct. 18, 2017 /PRNewswire/ -- The seventh annual Ocean Exchange, hosted last week in Savannah, GA, featured twelve innovative, sustainable worldwide solutions that demonstrate the ability to generate economic growth and increase productivity while reducing the use of nature's resources and waste production, all with an emphasis on oceans, coastlines, shipping/logistics, and zero emissions.

The winner of the 2017 Wallenius Wilhelmsen Logistics Orcelle® Award in the amount of $100,000 USD is Atlas Energy Systems (USA-IL). The Atlas Energy solution converts radioisotope waste into safe nuclear batteries for maritime applications in ocean shipping and underwater unmanned vehicles and buoys for ocean monitoring, security and exploration.

While announcing the award Ray Fitzgerald, President and COO, Logistics of Wallenius Wilhelmsen (WWL) commented,

"WWL is excited to present the 2017 Orcelle Award to Atlas Energy Systems. Atlas' innovative technology allows for radioactive waste to be repurposed in a responsible manner as a new battery technology that is not only safe but may possibly allow vessel operators to eliminate emissions from combustible engines while a vessel is working in port."

"Ten years ago, sustainability was a choice that companies like WWL made. Today sustainability is no longer a choice; it's a requirement; one that is essential to strategy, to culture and one that has a direct impact on a company's bottom line and brand reputation. The ideas discussed at the Ocean Exchange have the potential to inspire meaningful change in this world."

The winner of the Ocean Exchange Neptune Award in the amount of $100,000 USD is Wing Trawling System (USA-AL). This system can be adapted to existing shrimp boats to reduce unwanted finfish by-catch and has allowed 35% reduction in fuel consumption.

The Neptune Award was inaugurated in 2017 with focus on sustainable and resilient oceans and coastlines. It is supported by Gulfstream Aerospace, the Littlejohn Family Foundation and other Ocean Exchange sponsors.

In addition to the winning grant recipients, 10 additional innovators presented sustainable solutions to a distinguished group of conference guests representing business and industry, entrepreneurs, academia, government, and NGOs.

Energy Materials Corp (USA-GA)

Heliac (Denmark)

Perryman Technologies (UAE)

CALTROPe (Hungary)

Rozalia Project/Cora Ball (USA-VT)

Cella Energy (UK)

Sunny Clean Water (USA-NY)

AMP Robotics (USA-CO)

Full Cycle (USA-CA)

Ferrate Treatment Technologies (USA-FL)

About Ocean Exchange

Each year, the Ocean Exchange seeks innovative, proactive and globally scalable sustainable solutions with working prototypes and applications that can cross industries, economies and cultures. 22 experts from around the world reviewed and selected the top 12 solutions that offer the greatest ability to transform industries. For more information, visit oceanexchange.org.

About Wallenius Wilhelmsen Logistics ASA

Wallenius Wilhelmsen Logistics ASA is a global logistics operator serving the manufacturing industry with special focus on vehicles, mining and construction equipment and machinery. The company brings together the shipping and logistics businesses of EUKOR Car Carriers, WWL AS and American RoRo Carriers. For more information, see www.walleniuswilhelmsen.com.

Photos:
https://www.prlog.org/12671360

Press release distributed by PRLog

SOURCE Ocean Exchange