Deep Sea Mining News

23 Jun 2020

Deep Sea Mining Could Destroy Undiscovered Species, Says Ocean Panel

Ā© Alex / Adobe Stock

Mining on the sea floor should not begin before a full assessment of likely environmental impacts can be made, a report commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel) said on Wednesday.Environmentalists including Britain's David Attenborough have called for a ban on deep-seabed mining that would extract resources including copper, cobalt, nickel, zinc, lithium, and rare earth elements from nodules on the ocean floor.The International Seabed Authority (ISA), a U.N.

03 Jun 2020

Indonesia Processing Requests for Deep-sea Mining Waste Disposal

Ā© Alex / Adobe Stock

Indonesian authorities are considering two companiesā€™ requests to dispose mining waste into the ocean, a senior government official said on Sunday, at a time of heightened sensitivity about the environmental impact of mining.The requests come as mining waste management is increasingly scrutinized after a nickel plant in neighboring Papua New Guinea spilled red mud into the sea last year due to an operational failure.Indonesia was a major nickel ore exporter until last year, beforeā€¦

02 Mar 2020

Drillship to Be Converted for Subsea Mining

(Photo: Allseas)

Swiss-based offshore contractor Allseas said it has acquired an ultra-deepwater drillship for conversion to a polymetallic nodule collection vessel.In partnership with deep sea mining company DeepGreen Metals Inc., Allseas is developing a deep-sea mineral collection system to recover polymetallic nodules from the ocean floor and transfer them to the surface for transportation to shore. The nodules contain high grades of nickel, manganese, copper and cobaltā€”key metals requiredā€¦

09 Dec 2019

CSSC, DNV GL Deal for Futuristic Shipping

The largest shipbuilding group in the world, China State Shipbuilding Corporation (CSSC), has entered into a new strategic partnership with DNV GL, the international accredited registrar and classification society headquartered in Høvik, Norway.A framework agreement between both parties was signed by Qian Jianping, Vice President of CSSC, and Norbert Kray, Regional Manager for Greater China at DNV GL ā€“ Maritime. The ceremony was witnessed by Remi Eriksen, Group President & CEO of DNV GL, CSSC Chairman Lei Fanpei, and CSSC Group President Yang Jincheng.The strategic partnership will focus on developing future-proof solutions and competencies for shipping in a variety of fields including alternative fuels and environmentally friendly technologiesā€¦

10 Dec 2019

Will 2020 be the year for Subsea Mining?

Solwara 1 project seabed mining tools. Courtesy Nautilus Minerals.

Anyone who has been around the Offshore Oil and Gas or the Marine industries for long has heard of plans for mining various minerals located on or just below the seafloor. In fact, when Howard Hughes built the Glomar Explorer in 1972, the cover story for its true mission ā€“ recovering a Soviet submarine - was that the rig would be used to mine manganese nodules from the deep ocean floor. This cover story was so effective that it had the unintended consequence of stirring great interest in ocean mining among offshore companies and the general public.In the years sinceā€¦

29 Mar 2019

Maersk Aborts Sale of Maersk Supply Service

The world's largest container shipping company A.P. Møller ā€“ Mærsk A/S announced that its Board of Directors has decided to retain full ownership of Maersk Supply Service.The offshore support vessel industry, which Maersk Supply Service operates within, has over the last three years exhibited clear signs of distress, reducing company market capitalisations and lower asset values, negatively impacting the ability to find a sustainable ownership structure for Maersk Supply Service outside of A.P. Moller - Maersk.The industry continues to be characterised by oversupply, financial restructurings and consolidation and the market outlook forā€¦

05 Dec 2018

India Plans Deep Dive for Seabed Minerals

Ā© Mykola Mazuryk / Adobe Stock

In the 1870 Jules Verne classic "20,000 Leagues Under the Sea", underwater explorer Captain Nemo predicted the mining of the ocean floor's mineral bounty - zinc, iron, silver and gold.India is catching up with that only now, as it prepares to unearth treasures down below, aiming to boost its economy.The floor of the world's seas is scattered with vast beds of black potato-shaped polymetallic nodules comprising copper, nickel, cobalt, manganese, iron and rare earth elements.These natural goodies are key to making modern gadgetsā€¦

03 Dec 2018

Nautilus Minerals to Acquire Production Support Vessel

The underwater mineral exploration company headquartered in Toronto Nautilus Minerals Inc. is currently negotiating the terms of an agreement with arm's length third parties that would involve the creation of a new joint venture company - Vessel JV - to be owned by the third parties and Nautilusā€™ subsidiary, Nautilus Minerals Niugini Limited (NMN).The purpose of the Vessel JV would be to fund the acquisition of the Production Support Vessel (PSV) that Nautilus had previously arranged to be procured through MAC Goliath Pte Ltd (MAC) and the integration costs of installing the mining equipment on the PSV.The Vessel JV would own and operate the fully integrated PSV.

04 May 2018

Anglo American to End Investment in Deep Sea Miner Nautilus

Diversified miner Anglo American said on Friday it will end its investment in deep sea mining company Nautilus Mining."We are exiting our small minority shareholding in Nautilus, as part of the prioritisation of our portfolio on our largest and greatest potential resource assets," Anglo spokesman James Wyatt-Tilby said, confirming a report in the Financial Times.Anglo has a 4 percent stake in Toronto-listed Nautilus. Nautilus mines offshore in Papua New Guinea and Australia for minerals such as copper, gold, nickel and cobalt.(Reporting by Kanishka Singh and Zandi Shabalala; Editing by Susan Fenton)

14 Sep 2016

The European Network of National Maritime Clusters

Astican is a ship repairing and conversion yard plus a heavy offshore project management company who belongs to a billion dollar shipping Group. (Photo: Astican)

One may have all kinds of maritime clusters, depending on the criteria which have been originally selected to create such or such cluster. Some gather maritime professionals who belong to the same geographical areas, some other are based on the type of activity (for instance a cluster of maritime entities active in maritime research & innovation; or in shipbuilding/ship repairs/equipment; or in any other field where maritime professionals want to coordinate and harmonize some of their actions, work, lobbying etcā€¦).

11 Apr 2016

Dredging Components Delivered for Special Mining Vehicles

Final touch to the dredge pump unit (Photo: Damen)

Damen Dredging Equipment is well known for its deliveries of standard dredging components. Usually, deliveries of items such as dredge pumps and dredge valves are for hopper dredgers or cutter suction dredgers. Recent deliveries were for a more exotic use: the Damen dredge pumps and valves have been fitted in remote operated deep sea mining vehicles. These deep sea mining vehicles, also called Seafloor Production Tools (SPTs), have been manufactured by Soil Machine Dynamics (SMD). This UK-based company designed and built three SPTs, each for a specific task.

05 Feb 2016

European Consortium Launches Blue Nodules Project

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable value chain to retrieve polymetallic nodules from the ocean floor. It will develop and test new highly-automated and sustainable technologies for deep-sea mining with minimal environmental pressures. The technical side of the project is dedicated to subsea harvesting equipment in addition to the in-situ seafloor and sea surface processing of polymetallic nodules. The operational aspect focuses on sea operations and logistics, including compliance with, and development of, rules and regulations, and the business case.

26 Jun 2015

A chat with John Murray, Chief Executive, Society of Maritime Industries

John Murray,  Chief Executive,  Society of Maritime Industries

The Society of Maritime Industries is the voice of the U.K. maritime engineering sector, and its Chief Executive John Murray is the very public and indelible face of the organization. SMI promotes and supports the interests of organizations with activities and interests in this sector both to its membership and the wider world. In total it is a trade association of more than 150 organizations across the maritime, offshore energy, subsea, naval and academic sectors, and the society has been busier than ever, as a number of drivers have buoyed the prospects of all matters maritime in the U.K.

08 May 2015

China Lures India with Deep Sea Mining Cake

A week before Indian Prime Minister Narendara Modi is set to visit the country, China said it was ā€˜eager to cooperateā€™ with India on deep sea mining in the Indian Ocean, reports Press Trust of India. China's sweetheart deal is to break through India's resistance to its attempt to access the Indian Ocean. It is offering India an opportunity to participate in joint seabed mining in the ocean, where large deposits of gold and silver have reportedly been discovered. "With quickening oceanic development and increasing mineral exploration in the Indian Ocean, China is eager to cooperate with India on deep seabed mining," the China Daily quoted China Ocean Mineral Resource R&D Association as saying.

25 Mar 2015

Rolls-Royce to Supply Engines for First Seabed Mining Vessel

Photo courtesy of Rolls-Royce

Rolls-Royce has secured a landmark agreement to supply six of its new B33:45 medium-speed diesel generator sets to Chinaā€™s Fuijan Mawei shipyard for configuration aboard the worldā€™s first ever seabed mining vessel. The pioneering vessel, designed by Singaporeā€™s SeaTech Solutions for Dubai-based owner Marine Assets Corporation (MAC), will be powered by six B33:45L9A engines to provide 31.4 megawatts of power. When the 227 metre long, 40 metre wide mining ship is delivered towards the end of 2017ā€¦

16 Jun 2014

New Zealand Mulls Ocean Floor Mining Proposal

New Zealand decides this week whether to approve an underwater iron-ore operation that would likely become the world's first commercial metals mine at the bottom of the sea. A green light to allow New Zealand's Trans Tasman Resources Ltd to start iron-ore dredging off the country's west coast will encourage others looking to mine copper, cobalt, manganese and other metals deeper on the ocean floor but worried about regulatory hurdles. Along the Pacific Rim of Fire, as deep as 6,000 metres underwater, volcano crusts, "black smoker" chimneys and vast beds of manganese nodules hold promise for economic powers like China and Japan as well as many poor island states busy pegging stakes on the ocean floor.

28 Apr 2014

Deep Sea Mining Agreement Reached

The opening of the world's first mine in the deep ocean comes closer to reality as Canadian mining company, Nautilus Minerals, signs an agreement with the Papua New Guinea Government to start excavating an area of seabed. The project will extract ores of copper, gold and other valuable metals from a depth of 1,500m, The mine will target an area of hydrothermal vents where superheated, highly acidic water emerges from the seabed, where it encounters far colder and more alkaline seawater, forcing it to deposit high concentrations of minerals. The result is that the seabed is formed of ores that are far richer in gold and copper than ores found on land.

18 Apr 2014

When Will Deep Sea Mining Commence? The Robot is Ready

copyright Nautilus Minerals

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 (PNG) - when a wrangle over terms is solved. Beyond PNG, in international waters, regulation and royalty terms for mining the planet's subsea wealth have also yet to be finalised. The world waits for the judgement of a United Nations agency based in Jamaica. "If we can take care of the environment we have a brand new day ahead of us.

09 Apr 2014

IHC Merwede Reveals Healthy Orderbook

IHC Merwede successfully increased its orderbook in 2013 across the main sectors of its business: offshore and dredging. The company received almost ā‚¬ 1.8 billion worth of new orders in the past year. At the end of 2013, the order book was valued at over ā‚¬ 1.7 billion, which is the equivalent of a backlog of approximately two years. IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries.

16 Oct 2013

U.S. Policies: Raising Red Flags Offshore

National Ocean Policy, Coastal & Marine Spatial Planning: two of the biggest issues you never heard of. Itā€™s also far more complicated than you might think. This summer, the Obama Administration released the innocuously named ā€œGuide to Regional Marine Planning,ā€ and across town, the House of Representatives passed the latest in a string of resolutions restricting the Administration from spending money on the implementation of the National Ocean Policy. The battle continues over an issue which could well redefine the future of offshore energy developmentā€¦

23 Sep 2013

Namibian Government Halts Seabed Mining

The Australian-based Deep Sea Mining Campaign congratulated the Namibian Governments on its decision to place a moratorium on seabed mining. ā€œThe Deep Sea Mining campaign applauds the Namibian governmentā€™s decision to impose a moratorium for 18 months on marine phosphate mining,ā€ said Natalie Lowrey, communications coordinator for the Deep Sea mining campaign. In announcing the decision, the Minister of Fisheries and Marine Resources, the Hon. Bernhard Esau, stressed that seabed mining cannot happen if there is not solid proof that it will not have negative impacts on the environment. ā€œNamibia has shown wisdom in being cautious. This very caution is exactly how sustainability is achieved.

16 Apr 2012

Imtech Completes Three Offshore Ships

Imtech Marine, specialized in system integration, successfully completed three innovative new-build vessel projects in Singapore; Seven Borealis for Subsea 7, Rockpiper for a subsidiary of Royal Boskalis Westminster NV and Flintstone for Tideway, part of the DEME Group. The ships will all operate in the oil and gas market. Imtech Marine has combined specific capabilities of its offices in Rotterdam, Shanghai and Singapore. The supply package for two of the three ships includes advanced dynamic positioning (DP), diesel electric propulsion, vessel management (VMS), automation, navigation and communication. The design and engineering was done in Rotterdam, production in Shanghai and installation & commissioning by the Imtech Marine team in Singapore.

08 Dec 2011

Report: IHC Eyes Asia for Acquisitions

According to a Reuters report, IHC Merwede is hoping to announce the acquisition of several Asian shipyards next quarter as it sticks to an plan to expand internationally and grow by 50 percent in five years, citing a senior company executive. The shipbuilder currently generates more than $1.34b in revenue, expects huge demand for its oil drilling and deep-sea mining ships as China, India, and Southeast Asian nations compete to secure commodities to fuel their economies. (Source: Reuters)

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