The International Seabed Authority and the Nauru Ocean Resources Inc. signed a 15-year contract for prospecting and exploration for polymetallic nodules by the corporation in a specified reserved area of the deep oceans outside the limits of national jurisdiction. Mr. Nii Allotey Odunton, Secretary-General of the Authority, signed for the organization, and David Heydon, Director… Continue reading Seabed Authority And Nauru Ocean Resources Inc Sign Contract For Exploration

The Assembly of the International Seabed Authority ended its seventeenth session in Kingston today after adopting a series of decisions this morning. The legislative arm of the Authority agreed: to a proposal by the Group of 77 and Jamaica to convene a special meeting during the eighteenth session to commemorate the thirtieth anniversary of the… Continue reading International Seabed Authority Ends Seventeenth Session In Kingston

Acting on recommendations of the Legal and Technical Commission, the Seabed Council yesterday afternoon approved the plans of work for exploration for polymetallic nodules and polymetallic sulphides in the international deep seabed Area submitted by four entities. Adopting the four draft decisions (documents ISBA/17/C/2, 3,4 and 5,), as amended during debate, the Council requested the… Continue reading Seabed Council Approves Four Applications For Exploratory Contracts With Authority In Deep Seabed Area

The International Seabed Authority began its seventeenth session today with an extensive agenda which includes finalization of a regime for prospecting and exploration for cobalt-rich crusts in the deep seabed Area and action on pending applications for exploratory contracts. Peter Thomson, Permanent Representative of Fiji to the United Nations, was this morning elected President of… Continue reading Seabed Authority Opens 17th Session In Kingston, Elects Presiding Officers And Adopts Agendas