Seabed Council Discusses LTC Report; Gets Explanatory Note; Adopts Amendments to Two Regulations

The Council of the International Seabed Authority, at two meetings in Kingston on Friday 18 July, examined procedures for possible extension of exploration contracts and mechanisms for the formulation of regulations for exploitation in the Area, as it continued deliberations on the summary report of the Chair of the Legal and Technical Commission (LTC) on its February and July sessions.

Seabed Council Dicusses Reports on Prospecting and Contracts for Exploration of Minerals

The Council of the International Seabed Authority, meeting in Kingston this afternoon, took note of two reports of the Secretary-General at its second meeting of this historic 20th Session in Kingston this afternoon. One report addresses the status of prospecting and contract for exploration for three types of mineral resources in the seabed Area, and the other outlines laws, regulations, and administrative measures adopted by sponsoring States and other members of the Authority with respect to activity in the Area.

ISA to Observe Twentieth Anniversary at Annual Session (Kingston 14-25 July 2014)

The Jamaica-based International Seabed Authority will commemorate its twentieth anniversary, elect nearly half its executive Council and begin elaboration of a mining code for deep seabed polymetallic nodules in the Area beyond national jurisdiction when it convenes for its annual session in Kingston from 14 to 25 July 2014.