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 Today


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

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

Environmental

Design Concept: Zero Emissions Cargo Ship

The designs for a multi access zero emissions cargo ship will be unveiled at the 5th Natural Propulsion Seminar in Wageningen, Netherlands, on Tuesday, May 24. The

First Cruise Company Fined under Australia’s New Fuel Rules

Australia’s NSW Environment Protection Authority (EPA) has fined Carnival PLC $15,000 after one of its P&O Cruises ships, the Pacific Jewel, breached new low sulfur fuel regulations in Sydney Harbour.

HUMMEL LNG Hybrid Barge Begins Second Season

For over one year the HUMMEL has been contributing to improved air quality at the port of Hamburg. Becker Marine Systems’ LNG Hybrid Barge will also be supplying

News

PALFINGER Plans to Acquire Harding Group

The PALFINGER Group announced it intends to acquire 100 percent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group, suppliers

Winners of Ferry Design Contest Selected

Winners of International Student Design Competition for a Safe Affordable Ferry to be revealed at the Ferry Safety and Technology Conference   Dr. Roberta Weisbrod,

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire

Arctic Operations

Life Extension for World’s Oldest Icebreaker

A comprehensive dry docking and life extension plan has been set out for the 62-year-old Finnish icebreaker Voima, continuing its run as the world’s oldest operational icebreaker.

Research Vessel Polarstern Returns to Bremerhaven

Antarctic season ends in the homeport after half a year Bremerhaven / Germany, 11 May 2016. on Wednesday, 11 May 2016, the research vessel Polarstern is expected

ABB Azipods Selected for First Chinese-built Icebreaker

ABB’s Azipod propulsion chosen to power polar science research vessel for debut into Chinese icebreaker market   ABB’s Azipod propulsion system will power a Chinese

 
 
Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0975 sec (10 req/sec)