World's Biggest Floating Diamond Processing Vessel Sets Sail

Monday, November 27, 2000
The world's biggest floating diamond processing vessel will set sail for the first time within three weeks and should be in position off Namibia before Christmas, the Namibian Minerals Corporation (NAMCO) said. "This is the biggest offshore diamond processing plant in the world," NAMCO chairman Alastair Holberton told reporters on a tour of the ship in Cape Town harbor. "We expect that in its first work up year in operation it will harvest 200,000 carats of diamonds worth about $30 million," he added. Geologists estimate that up to three billion carats of diamonds lie off the Namibian and South African coasts. NAMCO has four mining vessels, including the new vessel, MV Ya Toivo, to comb the sea bed. Holberton said the latest project had cost NAMCO 200 million rand ($25.71 million). MV Ya Toivo's superstructure is in the final stages of being converted from a British navy nuclear submarine recovery vessel formerly named HMS Challenger. State of the art computers, global positioning satellite systems and high maneuverability allow the ship to be positioned over Namibia's extensive sub-sea diamond beds. A 185-ton underwater caterpillar-tracked vacuum will then be lowered to the seabed where it will begin to suck up the diamonds in clearly defined gravel beds. "It is the largest tracked submersible in the world," Holberton said. - (Reuters)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

The Odd Trio: HMM, Maersk and MSC

In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Norwegian Unions Say 755 O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline,

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0788 sec (13 req/sec)