• Home
  • News
  • Arctia’s turnover in 2016 amounted to EUR 60.7 million
  • 2017 April 3 15:20

    Arctia’s turnover in 2016 amounted to EUR 60.7 million

    Arctia says its icebreakers assisted navigation in the Baltic Sea for a total of 385 icebreaking days in 2016. The Arctia Group’s turnover and profit remained at a good level. Training days for personnel totalled 1,395 during the year. The Group made a significant investment by acquiring the world’s first LNG-powered icebreaker Polaris to its fleet.

    The ice winter of 2015–2016 was very mild as was the previous winter, but the icebreakers were kept busy especially in the challenging conditions of the Bay of Bothnia. During the season, merchant vessels were assisted by IB Otso, IB Kontio, IB Sisu and MSV Nordica in the Bay of Bothnia and by IB Voima in the Gulf of Finland. During 2016, icebreaking days (one icebreaker in icebreaking duty for one day) in the Baltic Sea totalled 385 (175 in the previous year) and the number of operating days in offshore duties was 61 (380).

    The most significant accomplishment by Arctia in terms of corporate social responsibility in 2016 was the acquisition and commissioning of icebreaker Polaris. As one of the first LNG (Liquefied Natural Gas) operators in the Baltic Sea, Arctia is establishing practical use of this eco-efficient fuel technology.

    Icebreaker Voima spent the latter part of the summer 2016 in dry dock where it underwent a major life span extension. For example, its bottom was fitted with about 250 tonnes of new sheet metal and the navigation equipment on the bridge was replaced. The lifetime of the vessel was increased by ten years with the life span extension. The modernisation of IB Voima was part of the WINMOS II project, and it was partly funded by the European Union’s Connecting Europe Facility (CEF) for Transport. IB Voima is the world’s oldest icebreaker still in active icebreaking operation.

    In April 2016, Arctia Karhu Ltd expanded its operations to the entire Bothnian Arc when it signed a contract on escort tug services with the Port of Luleå. The development project on oil prevention and response was continued with harbour icebreaker Ahto, which is owned by Arctia Karhu Ltd. The objective of the IMOR (Ice Management & Oil Recovery) project is to improve oil recovery in icy conditions.

    Arctia’s turnover in 2016 amounted to EUR 60.7 million (EUR 64.4 in the previous year). Operating profit stood at EUR 12.9 million (EUR 18.1 million) and the result of the financial year was EUR 9.1 million (EUR 14.6 million). At the end of the year, the company had a total of 265 employees (273), 233 of whom were members of the sea personnel (237).




2021 December 8

17:49 Russian Railways: Loading of export cargo bound for domestic ports grew by 7% in 11M’21
17:26 European shipowners call on Transport ministers to fix enforcement loopholes in FuelEU Maritime
17:06 Sewage from cargo ships may be legally discharged into the Baltic Sea - Gasum
16:42 Nordic Engineering supports Ship Repair, Modernization and Components Conference as its Partner
16:25 Wärtsilä thrusters to provide optimal propulsion performance for new Wind Turbine Installation Vessel
15:43 Zelenodolsk Shipyard named after A.M. Gorky lays down three sea-going tugboats of Project Т3150-ZD
15:14 Crowley announces 2050 net-zero commitment and activates key partnerships
14:55 Results of Atomflot’s summer-autumn navigation season rose from 66 to 111 icebreaker escort operations YoY
14:31 ICTSI continues to invest in Manila flagship
14:22 Parker altair® Neptune filtration system selected to provide reliable operation of Italian and US Navy vessels
13:47 Single-window concept applied at Ust-Luga – Baltiysk ferry line
13:21 Port of Long Beach opens survey on multimillion-dollar community grants
12:56 AS Tallink Grupp published its statistics for November 2021
12:32 Rosatomflot completed operation to escort ships out of the Northern Sea Route area
12:30 "K" Line and Shin Kurushima Dock get joint AIP for the concept design of Ammonia Fueled Car Carrier from ClassNK
12:09 APM Terminals Elizabeth targeting intermodal cargo
11:03 VRT Finland acquires Satamatieto Oy
10:29 ABP opens Vancouver Timber Terminal at the Port of Kings Lynn
10:10 Sea Port of Saint-Petersburg introduced unified digital system of production control
09:59 The Georgia Ports Authority to expedite 1.6M TEUs of on-terminal capacity by June
09:46 MABUX: Bunker prices may continue upward changes on Dec.8
09:28 Baltic Dry Index as of December 7
09:11 Crude oil market sees downward price correction

2021 December 7

18:15 Ernst Russ AG to acquire further shares in a Fleet Holding Company
17:59 Kuzey Star Shipyard holds steel cutting ceremony for Atomflot’s new floating dock
17:36 Stena Line expands and launches new route between Stockholm Norvik and Hanko
17:15 Boskalis consortium secures EUR 24 million research grant to advance emission-free shipping
16:45 New report highlights regional economic importance of Ports of Stockholm
16:33 LAS Admiral Panteleev of RF Navy’s Pacific Fleet started transition to Vladivostok from Indonesia after participation in ARNEX-2021
16:15 Angola starts CLOV Phase 2 project
15:50 Rosneft signed contract with Indian Oil for supplying up to 2 mln tons of crude oil to India
15:45 Strategic Marine wins additional order for new 42m Fast Crew Boat from Centus Marine
15:27 Ships of RF Navy and Egypt Navy start naval phase of Bridge of Friendship 2021 joint exercise
15:03 Wärtsilä partners with Microsoft to strengthen their Edge platform and industrialise Marine IoT
14:41 NOVATEK and RWE sign MOU on decarbonization and LNG
14:23 ABS grants Alfa Laval the marine industry’s first approval in principle for firing boilers with methanol
14:08 Nonius Engineering supports International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor
13:50 Cox Marine collaborates with clean maritime consortium to demonstrate world-first diesel-hydrogen outboard
13:22 The leading Russian supertrawler for the Russian Fishery Company has successfully inclined
12:36 Throughput of Rostov-on-Don port in 11M’2021 fell by 15%, year-on-year
12:14 Stena Line to open new daily route to Finland
11:49 Russia joins the Nairobi International Convention on the Removal of Wrecks
11:12 Exports of Sibanthracite Group to India in 2021 to total 3.5 million tonnes of coal and anthracite
11:00 Long Beach and Los Angeles keep ‘Container Dwell Fee’ on hold until Dec. 13
10:51 DSV launches Green Logistics to accelerate the green transition of the industry
10:47 Throughput of Taganrog port in 11M’2021 fell by 2% Y-o-Y
10:24 Average spot market price for Russian M100 product fell to RUB 25,252 pmt
10:06 Flag-raising ceremony held on Norvezhskoye More trawler, first serial factory ship of KMT01 design
09:45 MABUX: Global bunker indexes to turn to firm upward trend on Dec. 07
09:28 Baltic Dry Index as of December 3
09:13 Crude oil prices continue rising

2021 December 6

18:37 The Port of Bergen changes the name of the Hurtigruten terminal
18:22 Preliminary results of Volga Basin cargo traffic – 41.39 million tonnes
18:14 Equinor invests in battery storage company
17:55 ENGIE and Masdar form US$5 billion strategic alliance to drive UAE’s green hydrogen economy
17:38 Moody’s upgrades Global Ports’ rating to Ba1 with stable outlook
17:16 Solstad Offshore announces long-term contracts in Brazil
16:44 Port of HaminaKotka cargo turnover in 11M’2021 fell by 1.5%
16:20 TezMedz and Tabiyat.pk signs contract with Maersk for integrated cold chain solutions
16:05 “K” Line obtains VSPS regarding Australian quarantine for car carrier