Zoe Tabary for Thomson Reuters Foundation | 4 December 2018 LONDON, Dec 4 (Thomson Reuters Foundation) – Ransom-hungry pirates, polar explorers, offshore oil giants – the race for the riches of the world’s final frontier is on. From Thailand to Alaska, the battle to tap ever-dwindling resources from minerals to fish is spurring new conflicts over […]
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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 […]
Read MoreSandra Brooke for The Conversation | 3 December 2018 When people think of coral reefs, they typically picture warm, clear waters with brightly colored corals and fishes. But other corals live in deep, dark, cold waters, often far from shore in remote locations. These varieties are just as ecologically important as their shallow water counterparts. […]
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Vancouver, British Columbia, December 2, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) provides the following corporate update. Nautilus is currently negotiating the terms of an agreement with arm’s length third parties that would involve the creation of a new joint venture company (the “Vessel JV”) to be owned by the third […]
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Woods Hole Oceanographic Institute | 26 November 2018 Alvin, the country’s only deep-diving research submersible capable of carrying humans to the sea floor, reached another milestone in its long career on November 25, 2018, when the sub made its 5,000th dive during an expedition to the Guaymas Basin in the Gulf of California. Read the […]
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After six decades, the International Cable Protection Committee (ICPC) continues to fulfil its mission by advancing submarine cable protection worldwide. Today, marks the 60th anniversary of the ICPC’s first Plenary held on 26 November 1958. In the mid-1950’s, a group of submarine cable systems operators formed The Cable Damage Committee (CDC). At the inception of […]
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Radio New Zealand | 23 November 2018 By offering tenders for deep sea exploration the environmental risks of extracting minerals from the seabed will be able to be assessed, the Cook Islands government says. The government plans to open tenders for five-year, deep sea mining exploration licences at the beginning of next year. And while […]
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The Times of India | 27 November 2018 The National Institute of Oceanography (NIO) has been accorded permission by the International Seabed Authority (ISA) to carry out offshore mining in the Central Indian Ocean in a 18,000 sq km area. Estimates of sites and metal availability has been done and a vast reservoir of metals, […]
Read More Offshore | 27 November 2018 SINGAPORE – Ocean Energy Ventures (OEV) and Quippo Oil and Gas have acquired the Fujian Mawei newbuild hull MW301-1. The vessel, under construction in Shanghai, was originally ordered by Marine Assets Corp. against a five-year charter contract with Nautilus Minerals, but this has since been terminated. Read the full article here: Transfer […]
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Kirsteen Paterson | 20 November 2018 As many as 16 contractors from countries including the UK, Germany, France and Korea have secured exploration rights to the Clarion-Clipperton Fracture Zone (CCFZ) in the Pacific Ocean. However, the Lyell Centre for Earth and Marine Science and Technology at Heriot-Watt University in Edinburgh has produced findings that suggest […]
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