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The Australian-based Deep Sea Mining Campaign congratulated the Namibian Governments on its decision to place a moratorium on seabed mining.
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Russia's military said it planned to sail regular naval patrols along shipping lanes in its territory in the Arctic Ocean that opened to commercial vessels only in the last few years, as Arctic ice began melting at a record pace.
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The author surveys the issues involved with deep seabed mining for valuable minerals like rare earth elements, and compares the risks to the current debate over hydraulic fracking.
[ More ]Icebreakers trawl the world's frozen seas, cutting a path for other ships in the harsh Arctic winter. Now, a new kind of ship that can drift sideways could make traffic - and trade - easier. Could the maritime technology change life in the extreme north?
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China has secured rights from the International Seabed Authority to explore and mine the seabed and is eager to begin mining operations but currently lacks the technological resources and expertise that its rivals possess.
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Insatiable demand for minerals and rare earth elements, coupled with dwindling resources on land have stakeholders across the world looking to a new frontier: the deep sea.
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This article investigates Japan’s strategic posture in the Arctic region and explore Tokyo’s possible Arctic policies and interests.
[ More ]Arctic shipping routes offer significant benefits, but also carry risks. If the Arctic Ocean is to become a new "Mediterranean Sea" - a middle ocean across which the world trades - the world's Asian and Arctic nations will have to work together.
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The author argues that the induction of six new states to the Arctic Council as "observer states" reflects "two developments: first, the great interest of these states in the commercial opportunities made possible by a transformed Arctic region; and second, the Council’s need to reinforce its position as the preeminent body for the discussion of Arctic matters."
[ More ]The Arctic may contain 10-15 percent of the world's undiscovered oil reserves, with most of that oil located in the seabed of the Arctic Ocean. And China, thanks to its financial rather than military strength, could take the lion's share.
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