Maersk is the most recent major company to sell its seabed mining interests. Lockheed Martin sold UK Seabed Resources in March. Leading technology and electric vehicle companies Rivian, Renault, BMW, Volkswagen, Volvo Group, Scandia, Google, and Samsung SDI have supported the call from scientists and civil society organizations for a moratorium on the practice. The United Nations Environment Programme Finance Initiative has also urged investors to transition away from the industry.
Shipping Giant Maersk Drops Deep Sea Mining Investment | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Bad news mounts for the floundering would-be miner The Metals Company (TMC) with The Wall Street Journal reporting the divestment of Danish shipping company Maersk. This follows the divestment last December by Norway’s largest private asset manager, .
Deep-sea mining applications are due to start in the summer, but it s unclear when mining will actually begin. Kiplinger s insights on the mining industry.