They also assert that, as a member, America could itself lay claim to some 600 square miles of additional Arctic seabeds.

CENTERFORSECURITYPOLICY: Russian LOST and found

It entails, among other things, ensuring the just and equitable dispersal of the seabeds' wealth to the world's developing and land-locked nations.

CENTERFORSECURITYPOLICY: Reading the LOST compass

For example, it still allows an international organization for the first time to collect revenues from American taxpayers as the price for permission to exploit the world's seabeds.

CENTERFORSECURITYPOLICY: Freedom at sea, too

If the United States were to become a party to LOST, the Treasury would be charged by the ISA for permits and other fees associated with American commercial exploitation of the seabeds.

CENTERFORSECURITYPOLICY: Protect US sovereignty: Sink the Law of the Sea

Farming fish close to shore often causes contamination of water and seabeds, so the company has partnered with fish producers to devise a remotely-controlled fish pen that can drift with currents in the open sea.

FORBES: Move up http://i.forbesimg.com t Move down

For example, for the first time since the UN was founded, a multilateral agency, the International Seabed Authority (ISA), would have the power to raise revenues from U.S. taxpayers if American companies wish to exploit the seabeds' resources.

CENTERFORSECURITYPOLICY: LOST at sea