Economic Benefits from Oceanographic Research (1964) / Chapter Skim
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Pages 13-20
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From page 13... ...
During these 14 years, the share caught domestically declined from 3,305 million pounds to 2,523 million pounds, while imports increased from 71o million pounds to 2,070 million pounds. During this same period, there has been a large increase in the indirect contribution of fisheries products to our diet through the use of fishmeal in foodstuffs for poultry and livestock.
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From page 14... ...
In the newly exploited sea area where most of these fisheries are being established, oceanographic research is an important aid to development. Increasing the U
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Catches of over a million tons a year are being made by Russian and Japanese fishermen from these stocks. There is no good reason why U
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sediments and accretions on the deep sea floor, and 3) consolidated and unconsolidated deposits on the continental shelves.
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From page 17... ...
The pace of their discoveries indicates that our present knowledge is small compared with what remains yet to be discovered about the pharmacology of marine organisms. Sediments and Accretions on the Deep Sea Floor Materials on the deep sea floor of possible economic interest, with rough estimates of total reserves are: Tonnage Material Estimates Elements of Interest Manganese nodules Phosphorite nodules Globigerina Ooze Diatomaceous Ooze Red Clay Barium sulfate concentrations Magnetic Spherules 1 012 1 olo oil 013 015 Mn, Cu.
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From page 18... ...
A world-wide search for undersea phosphate, and basic research on the mechanisms and conditions of its formation, would cost several million dollars a year, but it could pay off handsomely. The other materials in the table above will probably not come into production for a long time, although there is some current interest in certain deposits of Globigerina ooze, which compare with ASTM Types I and II cement rocks.
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From page 19... ...
While an increase in oceanographic research in connection with these resources may be justified, we will assume that such research is already adequately funded by commercial companies. There are, however, other potentially valuable mineral concentrations on the continental shelves that are receiving less attention.
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From page 20... ...
several million dollars a year and directed specifically toward the location of mineral deposits on the continental shelves, could generate new industry grossing at least 550 million a year within a decade. In addition to the investment in research, the development of the marine-minerals industry will require substantial capital investment for engineering development and procurement of equipment.
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