Diamonds—and Shipping—in Antarctica

MarineLink.com
Friday, December 20, 2013

Kimberlite deposits, igneous rock formations often containing diamonds, have been discovered in Antarctica, according to a report by Nature Communications. And though no diamonds have been discovered, researchers believe they are there, along with other valuable substances.

Gold, platinum, copper, iron and coal have already been discovered in Antarctica, and diamond mining has reached many of the coldest regions globally. So is diamond mining in Antarctica a possibility, and how will it affect the commercial maritime industry?

By way of the Antarctic Treaty, mining is currently forbidden in the area, and the ban is expected, though not entirely certain, to be extended to 2041. But much is likely to change by 2041, including world demand for diamonds and technological advances that make operations safer and more environmentally sound in cold weather regions such as Antactica and the Arctic. This goes not only for mining, but for transportation as well.

On the other side of the globe, Arctic shipping operations have increased drastically over recent years, credited in great part to the melting of large amounts of sea ice in the region, making for a much safer, more attractive sea route option. According to research led by the U.S. Navy, the current trend of increased activity in the Arctic is expected to continue, both short-term and long. “In the far-term, beyond 2030, environmental conditions are expected to support even greater and more reliable maritime presence in the region. Major waterways are predicted to be consistently open for longer periods, with a significant increase in traffic over the summer months.”

According to the U.S. Antarctic Program, a similar scene is observed in Antarcitca, too. If trends persist in colder regions and a mining boom in Antarctica occurs, commercial maritime operators will be summoned to assist in an array of transport and mining-related tasks, opening a new line of demands in the marine sector.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Years After BP U.S.Oil Spill: Compensation Battle Rages

Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

News

DNV's accredatation for Neosho Memorial

Neosho Memorial Regional Medical Center, Chanute, has completed a new accreditation process from Det Norske Veritas Healthcare. By earning accreditation, Neosho

India's Reliance Q4 Sales Rise

Indian energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its oilrefining business offset higher revenue.

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Arctic Operations

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Deal to Build Russian 60MW Icebreakers Imminent

The state nuclear power company Rosatom is about to reach a deal with United Shipbuidling Corporation on the construction of two powerful LK-60 icebreakers according to Barents Observer.

Canada Opts Out of Arctic Council Meeting

Canadian Environment Minister Leona Aglukkaq stated that a principled stand had been taken by Ottawa against Moscow's intervention in events in Ukraine, reports

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.0826 sec (12 req/sec)