In 2024, Ocean Exchange awards program included three $100,000 awards. The Wallenius Wilhelmsen Orcelle® Award and two Neptune Awards. In addition, Ocean Exchange presented two Collegiate Awards: the Ocean Exchange Collegiate Award of $10,000 USD and the Guy Harvey Foundation Award for $10,000. In all, the prize money to be awarded at the 2024 Ocean Exchange event was $320,000 USD.
The Neptune Awards are given to the solutions that advance our understanding of the ocean and helps minimize our impact on these resources, even while using them for human benefit, resulting in more resilient bodies of water including healthy marine life and coastlines.
The WW Orcelle® Award is sponsored by Wallenius Willhelmsen. This award reflects the company’s statement of purpose, “sustainable logistics for a world in motion.” The Award is presented to the innovation that holds the greatest potential to close the gap to zero emissions ambition for either their land or ocean operations.
Like the Neptune Award, the Collegiate Awards are given to the solution that advances our understanding of the ocean and help minimize our impact on these resources. While the criteria are the same, the Collegiate Award is presented to a company in its earlier stages than one applying for the major awards.