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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Asia-N Europe Container Freight Rates Jumps 60%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday,

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Arctic Operations

First Subsea Wet Gas Compressor Installed

After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea.

U.S. Draft Recovery Plan for Threatened Polar Bears

U.S. wildlife managers released on Thursday a draft plan for stemming the decline of polar bears threatened by melting Arctic sea ice linked to global warming,

UK Navy’s Ice Patrol Ship Gets a New Coating

U.K. Royal Navy Ice Patrol Ship HMS Protector is deployed on operations for 330 days a year, mostly in the Antarctic region, making it essential that her underwater

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Winch
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: 0.2105 sec (5 req/sec)