Monday, April 2, 2018

First Deep Sea Mining Production Vessel Launched in China

From gCaptain:
Toronto-based Nautilus Minerals Inc. has announced that its newbuild deep sea mining production support vessel has been launched at the Mawei shipyard in China.
The vessel, named Nautilus New Era, will be used by Nautilus and its partner, Eda Kopa (Solwara) Limited, to mine for gold and copper at the Solwara 1 Project site in the Bismarck Sea of Papua New Guinea.

Today’s launch is a significant milestone for the Company and the deep water seafloor mining industry,” said Mike Johnston, CEO of Nautilus. “Mawei Yard has designed and built the world’s first Deep Sea Mining Production Support Vessel, in cooperation with Nautilus and Marine Assets Corporation.”

About the Nautilus New Era
The Production Support Vessel (PSV), which Nautilus will charter from Dubai-based Marine Assets Corporation for a minimum period of 5 years, will be equipped with a dynamic positioning system which will provide a stable platform for deepsea mining operations irrespective of wind and wave conditions....MORE
We had a couple mentions of Nautilus in 2012's "Screw the Asteroids: 'DeepGreen strikes deal with Glencore for undersea mining metals'"