News & Announcements

China Contributes US$20k To ISA Voluntary Trust Fund
The International Seabed Authority received a contribution of US$20,000.00 to its Voluntary Trust Fund from the Government of the People’s Republic of China on 3 July 2013. ISA Secretary-General, Mr. Nii Allotey Odunton, accepted the donation, which was made on behalf of the Government of the People’s Republic of China by His Excellency Mr. Zheng Qingdian, Permanent...

Seabed Council Completes 2013 Session Agenda
The Council of the ISA, at its final meeting of the 19th Session, this morning recommended the adoption by the Assembly of a draft decision to institute a fixed overhead charge of $47,000 to be payable annually by contractors to cover the administration and supervision of contracts and review of their annual reports by the Authority. By the draft text annexed to the Council...

ISA Council Considers Secretariat Note On Regulatory Framework For Nodules Exploitation
In the wake of renewed interest in potential commercial exploitation for deep seabed minerals, the Council of the International Seabed Authority reviewed a summary Secretariat note from a technical report that provided a framework for polymetallic nodule exploitation in the Area. The Council also reached consensus on its response to a joint venture proposal with the...

ISA Reaches Milestone With The Approval Of Plans Of Work For Exploration Of Cobalt-Rich Ferromanganese Crusts
A new and significant development in the work of the International Seabed Authority was reached in Kingston this morning when the Authority’s Council decided to approve the plans of work for exploration of cobalt-rich ferromanganese crusts submitted by two corporations sponsored by China and Japan. Acting on the recommendation of the Legal and Technical Commission, the...

ISA Council Hears Legal And Technical Commission Report On Contractor Activities
The ISA Council today continues discussions on the LTC Report presented by its Chairman, Dr. Russell Howorth. The Commission reported that it had considered six new applications for approval of plans of work for exploration and completed its recommendations in respect of two of them. The applicants are: China Ocean Mineral Resources, Research and Development...

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