
COMMISSION AGENDA – Action Item No. 10a Page 2 of 3
Meeting Date: November 19, 2024
Template revised September 22, 2016; format updates October 19, 2016.
Renewing an MOU with Maritime Blue will solidify the continued partnership the Port of Seattle
has with MB in advancing the blue economy and accelerating industries that support the Port’s
industries.
The Maritime Blue Strategy goals and initiatives identified represent areas of alignment with
the Port’s objectives. Supporting partnerships in Maritime Innovation, Maritime
Decarbonization, Maritime Economic Development, Conservation and Sustainability, Maritime
Workforce Development, and Digital Transformation.
JUSTIFICATION
The Port of Seattle has a longstanding and productive relationship with Maritime Blue. Together,
we have successfully launched maritime business accelerator and incubator programs, started
the Quiet Sound initiative, and collectively advanced the Maritime Innovation Center project.
Our partnership with Maritime Blue has been effective and we want to continually build on this
relationship through collective work propels innovation and collaboration for the Blue Economy
in Washington state.
Over the past five years the Port of Seattle has partnered with Maritime Blue (MB) to advance
several maritime innovation initiatives. Past partnerships and contracts with MB established a
successful Martime Blue Ventures accelerator and incubator program, initiation of the Blue Wind
Collaborative to support offshore wind supply chain efforts, addressed capital access issues
facing the maritime industry, and further established its nonprofit organization and Board of
Directors. Maritime Blue also managed the Youth Maritime Collaborative and the Quiet Sound
initiative through separate agreements with the Port of Seattle.
This partnership addresses several of the Port’s Century Agenda objectives:
• Investing in this partnership supports several of the Port’s Century Agenda objectives:
• Strategy #4 - To be the greenest and most energy efficient Port in North America
• Strategy #3 - Increase workforce training, job, and business opportunities for local
communities in maritime trade travel and logistics and;
• Strategy #1 - Position the Puget Sound’s region as premier international logistics hub.
ALTERNATIVES AND IMPLICATIONS CONSIDERED
Alternative 1 – Take no action.
Cost Implications: None
Pros:
(1) Provides the Port more time to discern how other initiatives fare before participating
(2) Would not have to put time into issues that are not of interest to the Port of Seattle
Cons:
(1) May miss Maritime opportunities and partnerships that benefit the Port of Seattle