Maritime Executive | 3 December 2018
Nautilus Minerals has announced that it is currently negotiating the terms of an agreement for a joint venture (JV) to refinance the acquisition of the production support vessel for the Solwara 1 seafloor mining project that it had previously arranged to be procured through MAC Goliath.
The new JV would own and operate the vessel and charter it to the existing Solwara 1 joint venture between Nautilus Minerals Niugini and the Independent State of Papua New Guinea’s nominee, Eda Kopa (Solwara) Limited.
Read the full article here: Nautilus Looks to JV to Refinance Seafloor Mining Support Vessel.
