Monday, December 23, 2024

International Seabed Authority News

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore, according to an internal government memo. If that happens, it could make the operations more expensive and strain talks that companies will have with provincial governments, which already require them to pay royalties. A United Nations convention, which Canada ratified in 2003, says signatories…

Application Guidelines for Dumping Radioactive Waste

Updated guidelines for the application of the de minimis (exempt) concept for radioactive substances which may be considered for dumping at sea have been adopted by Contracting Parties to the treaties which regulate the dumping of wastes at sea. The 2015 Guidelines for the application of the de minimis concept include recognition of effects of radiation on marine fauna and flora. They were adopted by the 37th Consultative Meeting of Contracting Parties (London Convention 1972) and 10th Meeting of Contracting Parties (London Protocol 1996)…

Ocean Mineral Singapore Contract for Seabed Exploration

Ocean Mineral Singapore Pte Ltd (OMS) has entered into a 15-year exploration contract for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific Ocean with the International Seabed Authority (ISA). Sponsored by the Singapore Government, OMS is the first Singaporean company to be awarded an exploration contract for polymetallic nodules. The contract signing ceremony took place between Mr Nii Allotey Odunton, Secretary-General of the ISA and Mr Ong Ye Kung…

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.

Sargasso Sea Protection: 11 Countries Pledge to Support Pact

Sargasso Sea image from video courtesy of SSA

Representatives from 11 countries and territories from North America, the Caribbean and Europe have committed support for the conservation of the Sargasso Sea eco-system for the benefit of present and future generations, informs the Sargasso Sea Alliance (SSA). The Alliance explains that for more than two years, it has collaborated with the Bermuda government  in a push for the establishment of safeguarding measures for the Sargasso Sea, a unique two-million-square nautical mile ecosystem in the North Atlantic that is without effective legal protection…

Deepwater Seabed Minerals Exploration Project

Keppel Corporation forms, Ocean Mineral Singapore Pte., to explore for polymetallic nodules several kilometres beneath the ocean's surface. Polymetallic nodules contain copper, nickel, cobalt and manganese, as well as rare earth minerals, and have the potential of supplying these key metals to meet growing global demand in applications as diverse as construction, aerospace and alternative energy. OMS has applied to the International Seabed Authority (ISA) for its first seabed exploration licence which will be considered by the ISA in July.