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Deep Sea Reports Solid Operational Performance

Deep Sea Supply reports consolidated revenues of MUSD 38.7 in 1Q 2013 compared to MUSD 21.4 in 1Q 2012. Total operating expenses in 1Q 2013 were MUSD 23.3 compared to MUSD 17.7 in 1Q 2012. This resulted in EBITDA of MUSD 16.7 in 1Q 2013, compared to MUSD 4.9 in 1Q 2012. Following financial expenses […]

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China explores Pacific Ocean’s minerals in deep-sea dive

China has sent a manned deep-sea craft into the Pacific Ocean depths after it and Russia were granted permits to explore for minerals by the International Seabed Authority, news reports said Friday. China and Russia were the first countries to have received this week permits for deep sea exploration from the Jamaica-based ISA, which is […]