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 […]
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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 […]
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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This was a big month for deep-sea meetings, with workshops on risk management and high seas cable laying, as well as strong representation from the deep-sea mining community at NOAA’s Ocean Exploration Forum. There’s so much going on in deep-sea mining right now that it’s tough for stakeholders to grasp the scale of the industry. […]
Read More Vancouver, British Columbia, October 16, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the “Lender“) in the principal amount of US$770,000 under the previously announced loan agreement (the “Loan Agreement“) between the Company, two of its subsidiaries and […]
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If you were to ask a new stakeholder to name the most frustrating aspect of trying to understand the current state of deep-sea mining, they would likely begin with the arcane acronyms and idioms of The Authority (that’s the International Seabed Authority for those still struggling with the lingo). Not far behind would be the […]
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