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 September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

China's National Carbon Market to Start in 2016

China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules

Fukushima Fallout: Resentment Grows

Like many of her neighbours, Satomi Inokoshi worries that her gritty hometown is being spoiled by the newcomers and the money that have rolled into Iwaki since

Frost & Sullivan’s Excellence Awards 2014 recognises 18 companies

Frost & Sullivan held its inaugural New Zealand Excellence Awards on 28 August 2014 at Villa Maria, presenting a total of 18 awards to companies across the industries of Food,

News

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

TNO Receives 'International Media Award for Prevention'

The Engagementgame developed by TNO in collaboration with partners is the winner of the 'International Media Award for Prevention' in the category Multi Media.

Arctic Operations

Too Eager to Drill for Arctic Oil - Greenpeace

Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment. Last

Rosneft Restores Meteorological Observations System in Kara Sea

As part of a large-scale summer Arctic research expedition "Kara-Summer - 2014" a meteorological station was installed that meets the latest modern requirements for such equipment,

Warming Aids Arctic Economies, but Short of 'Cold Rush'

Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1278 sec (8 req/sec)