ISA, CIIC Sign Polymetallic Nodules Contract

The International Seabed Authority (ISA) and the Cook Islands Investment Corporation (CIIC) have signed a 15-year contract for exploration for polymetallic nodules in the Clarion-Clipperton Fracture Zone.

The contract was signed in Kingston, Jamaica, on Friday, 15 July 2016, by the Secretary-General of the International Seabed Authority, Nii Allotey Odunton, and Michael Henry, the Director of CIIC.

The application for the exploration contract was approved by the council of the International Seabed Authority on 21 July 2014.

The area allocated to the contractor covers a total surface of 75,000 square kilometers in the Clarion-Clipperton Fracture Zone (CCZ) and comprises three non-continuous parts.

This is the 16th contract for exploration for polymetallic nodules in the CCZ.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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