The paper presents results of the research focused on analysing potential and institutional examples of the application of economic governance in maritime affairs. We performed literature review of the wider field of economic governance and the narrower field of economic governance in maritime affairs for two separate time periods, 1955-2023 and 2009-2023. Based on the presented literature analysis, multiple complementary research perspectives had been identified that can be aggregated into four main research perspectives on economic governance in maritime affairs: socio-ecological, environmental, international and regional. To provide the theoretical foundations for applying economic governance to maritime affairs, the conceptual features, scope, and role of the economic governance approach have been analysed. The institutional perspective on economic governance and its potential for application to maritime affairs has been examined. The analyse of the interconnections of the theoretical background with the institutional framework has been performed on the level of European Public Policies in maritime affairs. The analysis established the foundational assumptions necessary for the practical implementation of economic governance approaches within the field of maritime affairs. European concept of sustainable governance of the blue economy has been analysed together with the Blue Growth concept in consistency with the institutional framework of maritime economic governance, focusing on comprehensive and interrelated economic governance approaches while utilising four aggregated research viewpoints on economic governance in marine affairs.