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  • 2019 May 28 09:18

    AEC Secretariats Annual report 2018 published

    The AEC had a very productive 2018 with more than 70 outreach events, MoU with the UArctic and the AEC also welcomed five new members and three new AEC Working Groups started their operations in 2018. These were Working Groups on Connectivity, Energy, and Investments & Infrastructure. In addition to these new Working Groups, the AEC also has active Working Groups on Maritime Transportation and Responsible Resource Development. The AEC has also served as expert partners in two different projects, the AEC has contributed to qualifying new knowledge on Arctic business development. Both Arctic Business Analysis (collaborative project between the AEC and Nordic Council of Ministers) and the Analysis on Business Financing in the Arctic (in collaboration with the Ministry of Foreign Affairs of Denmark) were launched in 2018.

    The highlights of the year include the different AEC gatherings and outreach events. The AEC work is steered by the interest of the Arctic business community, we always appreciate the opportunity to meet and discuss with our members.

    In January 2018 The Arctic Economic Council and the Nordic Council of Ministers presented their report “Arctic Business Analysis” at a joint side event during Arctic Frontiers. The report aims at qualifying the current knowledge on the business environment in the Arctic. The AEC arranged together with the Arctic Frontiers conference “Financing the Arctic – is the Arctic investable?” Director of the Arctic Economic Council Secretariat, Anu Fredrikson spoke of the need for global connections and openness in Arctic business development. The need for a code of Arctic business ethics was also highlighted as a prerequisite to make the Arctic investable.

    In April the third consecutive AEC Governance Committee meeting was held in Helsinki, Finland hosted by AEC Finland and Arctia Ltd. The AEC Governance Committee comprises of one business representative from each of the Arctic states and permanent participant organizations. The meeting was the first AEC event taking place in Finland during the Finnish business community’s chairmanship.

    The 2018 Annual Meeting was held in Kiruna, Sweden in May and graciously hosted by LKAB. The Annual Meeting approved a new strategic plan for the years 2019-2021. The new strategy underlines the AEC’s wish to link the Arctic value chains even closer to the global value chains.

    On June 27-28, 2018 the 3rd AEC Top of the World Arctic Broadband Summit took place in Sapporo, Japan. More than 20 speakers and 100 participants from 10 different countries gathered at the event. The Summit included panel sessions and discussions with experts from across the globe, networking opportunities and site visits to exciting Hokkaido-based companies working in the field of connectivity solutions and IT.

    In October the Arctic Business Summit was organized for the 4th time and gathered 26 business executives in Reykjavik. The summit was organized by the Norwegian Shipowners’ Association and the AEC. The Arctic Business Summit provides an international meeting place for business executives representing different industries operating in or with an interest in the Arctic. The main topics Covered by the keynote speakers focused on freedom of trade, profitable, responsible and sustainable development for both businesses and local communities in the Arctic, and the need for Arctic development and the necessary tools to navigate in the new climate.

2022 January 27

18:35 ABP launches the first of its new tranche of port-manufacturing sites at Port of Hull
18:05 Indian Register of Shipping classes first 100 pax hybrid catamaran (battery powered) ferry
17:52 Onezhsky Shipyard launches lead crab catching ship built for Russian Crab Group
17:35 Kawasaki Heavy Industries announces delivery of LPG-fueled LPG carrier CRYSTAL TRINITY
17:05 NAPA and MOL roll out digital Navigational Risk Monitoring Solution on over MOL’s 700+ ships
16:45 Port of Antwerp, North Sea Port Flanders and Port of Zeebrugge launch the stimulus programme ‘Accelerating modal shift’
16:36 Construction of digital shipyard commenced at Onezhsky Shipbuilding, Ship Repair Yard
16:17 Suez Canal Economic Zone signs local and foreign contracts for Sokhna port new berths works
15:35 Construction of support fleet base in Ust-Luga approved by Glavgosexpertiza
15:32 ABS grants AIP to a coordinated design for a wind turbine installation vessel
15:14 Tarragona Port Authority has awarded Global Ports Holding a 12-year concession to manage the services for cruise passengers
15:00 Marine Rescue Service removed all oil products from Chinese ship Xing Yuan
14:53 Cooperation Agreement signed between ThPA S.A. and Suez Canal Economic Zone
14:42 DP World joins forces with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
14:32 A.P. Moller - Maersk shares millions of weather observations to aid climate science
14:22 IMB releases 2021 Piracy and Armed Robbery Report
14:04 FESCO launches regular container train from Vladivostok to Ulyanovsk
13:40 Swissterminal starts a new rail link between the port of Antwerp and Ottmarsheim
13:28 FESCO confirms compliance with standards for operation of vessels in US waters
13:03 Georgia Ports Authority tops 5.5M TEUs, 650K units in 2021
12:49 NYK delivers methanol-fueled chemical tanker
12:02 Throughput of Yeisk port in 2021 remained flat, year-on-year
11:30 Tallink Grupp’s vessel Baltic Queen heads to Naantali, Finland for regular dry-docking
10:56 Throughput of Temryuk port in 2021 rose by 10.3% YoY
10:37 MABUX: Bunker Weekly Outlook, Week 04, 2022
10:33 Haldor Topsoe becomes member of Hydrogen Council to promote green hydrogen solutions
09:48 Registration is underway for 5th Hydraulic Engineering and Dredging Congress
09:29 Baltic Dry Index as of January 26
09:12 Crude oil prices decrease on reduction of supply disruption risks
08:57 MABUX: Global bunker market to continue firm upward evolution on Jan 27

2022 January 26

18:06 Safe Bulkers announces agreement for the acquisition of one Capesize class dry-bulk Japanese vessel
17:54 Olga Naumova takes helm of Russian Fishery Company
17:41 Shearwater GeoServices awarded Western Australia multicomponent surveys by Santos
17:26 Heerema wins decommissioning contract for multiple Petrogas platforms
16:27 USCG to break ice along Penobscot, Connecticut, and Hudson Rivers
16:03 Deltamarin signs an engineering contract for Höegh Autoliners Aurora Class PCTCs
15:58 Avenir sells the world’s largest LNG bunker vessel
15:55 Rosmorport supports "Soul of the Caspian" expedition aimed at studying and conserving Caspian seal
15:33 Maersk Supply Service launches new venture company to deliver offshore vessel charging
14:40 Throughput of OTEKO Group terminals in Taman surged by 82%, year-on-year
14:13 Fincantieri’s U.S. shipyards join Green Marine
13:48 Yakutia LNG project may need new port facilities in Sea of Okhotsk
13:27 Konecranes provides 17 Automated Rubber-Tired Gantry Cranes in fully integrated solution for Port of Felixstowe
12:37 Freeport of Ventspils handled over 11.1 million tons of cargo in 2021
12:01 DNV selected to lead “pioneering" ammonia bunkering safety study in Singapore
11:32 Superyacht Phi delivered to ABS class
11:23 Smart Ports Russia 2022 to bring together ports and terminals in Moscow
10:58 KN transhipped the first bulk bitumen to a tanker
10:58 Port Houston annual TEUs set record with 15 percent growth
10:37 CIMAC World Congress is postponed to June 2023
10:01 Klaipeda Port handled 45.6 million tonnes of cargo in 2021
09:53 KCC signs pilot agreement for Yara Marine’s ‘FuelOpt’ energy efficiency system
09:39 Baltic Dry Index as of January 25
09:18 Crude oil prices start decreasing
08:33 MABUX: Global bunker market compensates losses from the day before

2022 January 25

18:10 Ports of Los Angeles & Long Beach postpone Container Excess Dwell Fee
17:55 Joint Russian-Chinese naval exercise Peaceful Sea-2022 took place in the Arabian Sea
17:36 Broad scope of Wärtsilä power solutions selected for gas-fuelled ferry trio
17:26 ICTSI's Cavite Gateway Terminal beefs up operations
17:04 BLRT Grupp is constructing a unique floating exhibition centre for Norway