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"The Asian market has shown rapid growth, reaching US$1.8 billion in 2010," says Integer Research Director, Philip Radbourne. "Prysmian, Nexans, Leoni and General Cable dominate the market for specialty industrial cables. General Cable dominates North American, whilst Prysmian, Nexans and Leoni have expanded their operations from Western Europe into Asia." There are also a number of other producers of specialty cable, from Lapp, LS Cable, Fujikura, Furukawa Electric, through to TMC, Hien Electric, and Habia Cable. These companies have built market share in their niche products area on a regional basis. The same is true of leading Chinese shipboard cable maker Yuanyang (Yangzhou Marine Cable) "North America and Western Europe have shown the highest growth rates in the renewables markets - wind turbines and solar farms. However, Asia has been showing impressive growth in a range of end-use sectors. This certainly may explain Nexans and Prysmian's strategy of moving into the Middle East and Asia," says Sebastien Chu Ti, analyst at Integer Research.

In 1959, John L. Mero of the Institute of Marine Resources at Berkeley published a 96-page document entitled “A Preliminary Report on the Economics of Mining and Processing Deep-sea Manganese Nodules”. In this landmark study, he discussed the geological and economic aspects of mining the seabed for polymetallicnodules found often partly or completely buried in seabed sediment. In the 19 years between 1965 and 1984, it is estimated that as much as $650 million was pumped into deep sea mining space. Unfortunately, vaulting ambition was not met by technological prowess and most of this investment had sunk without a trace within the space of two decades.

Mining of the ocean floor, discussed since Jules Verne wrote 20,000 Leagues Under the Sea, will soon become reality – and experts are calling for improved international “stewardship”.

Nick Davis reports from Jamaica, which is home to the organisation which controls the new industry.

ABB will supply Azipod XO units with combined propulsion power of almost 40 MW, plus generators, transformers, frequency converters and related power system equipment.

This book hopes to guide policy-makers, accelerate the implementation of new management tools and systems, and – most importantly – encourage people to ask themselves what the oceans are really worth to them and to the future of our planet.

Nautilus aims to produce 80,000-100,000 metric tons of copper and 100,000-200,000 ounces of gold - equivalent to a modest onshore mine. It was supposed to be producing by now, but disagreements with the PNG government over financial terms have set it back.

Nautilus Minerals has developed robotic technology for deep-sea mining in collaboration with the French company Technip. The company is planning to open the first deep-water mine in 2015. The Solwara 1 mine will be located 1600 metres below sea level. The company has found large deposits of copper and gold there. Solwara 1 is located in the Pacific Ocean, north of Australia, in Papua New Guinea.

The European Marine Energy Centre at Stromness is playing host to nearly a dozen experimental devices designed to capture the energy of the tides and the waves.

Seven new applications for approval of plans of work for exploration in the international Seabed Area were approved this morning by the Council of the International Seabed Authority as it nears conclusion of its work of the twentieth session in Kingston.

The Union ministry of earth sciences has asked Gujarat National Law University (GNLU) to prepare two draft laws that will lay the guidelines for deep sea mining in the Indian Ocean off India's territorial waters, and in Antarctic Ocean.

The International Seabed Authority and the Government of the Republic of Korea have signed a 15-year contract for exploration for polymetallic sulphides.‎

Using the Siemens technology installed on the platforms, the alternating current power generated by the wind turbines is transformed into direct current for efficient transmission to the mainland. At the associated land-based stations, the electricity generated by the connected wind farms is converted back into the alternating current power required for feeding into the transmission grid.