De Beers Marine Namibia, part of diamond mining and exploration firm De Beers Group, has confirm its contract today with Norwegian ship builder Kleven on the building of a highly specialized vessel for deep water mineral exploration.
The contract was initially announced in October 2014.
The first-of-its-kind vessel will be of MT 6022 design from Marin Teknikk and will feature a wide range of tailor-made equipment to support its unique operations. Delivery is planned for June 2016.
Read more about De Beer’s plans for mineral exploration HERE.
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The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in the volatile tariff confrontation between Washington and Beijing.
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