• 2018 December 4 17:55

    Union of Greek Shipowners and Nunavut Fisheries Association join Arctic Economic Council

    The Arctic Economic Council (AEC) says it welcomed Union of Greek Shipowners (UGS) and Nunavut Fisheries Association (NFA) from Canada as members to the pan-Arctic business community.

    UGS represents Greek-owned vessels under Greek or other European and third country flags. Its members are primarily active in the bulk/tramp sector including LNG carriers and tankers. Shipping is the most important industry in Greece, and Greek-owned vessels were among the first to navigate through the Arctic sea route.

    “The Union of Greek Shipowners (UGS), being the international institutional representative of the largest ship owning nation in the world, acknowledges the important work of the Arctic Economic Council in respect of promoting a comprehensive and holistic approach to the issues affecting the Arctic region. The UGS is especially keen to contribute to this holistic approach by offering its vast experience and deep knowledge in ship operation and navigation in the Arctic policy discussions, always with a view to ensuring the safety of life at sea and the protection of the environment as absolute priorities”, Mr. Theodore E. Veniamis, President of the UGS, states.

    For the AEC, both new members provide an important addition and new dimension to its work. “As a globally-minded organization, we are delighted to extend the geographic scope of our membership to Greece. Business is international, and the Arctic is not an exemption. Through collaboration and active engagement in a global level, we hope to facilitate the sustainable economic development of the Arctic”, states Mr. Tero Vauraste, the Chair of the AEC.

    Nunavut Fisheries Association (NFA) is a not for profit corporation established to present a united voice for Nunavut’s commercial fishing industry to stakeholders and the public at the territorial and federal levels. NFA also supports fisheries and ecosystem science and research activities in the Eastern Arctic, working collaboratively with stakeholders and conducting its own annual research program, all in support of sustainable fisheries development in the north.

    The NFA’s current membership consists of four Inuit owned companies which hold 100% of the commercial allocations of Greenland halibut (turbot) and shrimp managed through the Nunavut Wildlife Management Board.

    “Partnership with the AEC is an opportunity for us to further our goals on sustainable resource development, primarily for the benefit of the Inuit of the north and to have an active voice in the future of our territory and the broader arctic region.  We are excited to collaborate and contribute to economic development in the Arctic with other Arctic businesses and nations,” comments Lootie Toomasie, Chair of the Nunavut Fisheries Association.

    Mr. Toomasie continues: “NFA is very interested in supporting sustainable Arctic economic and business development and our members are looking forward to joining the AEC Working groups on Investments and Infrastructure and Responsible Resource Development. “

    “It gives me great pleasure to welcome Nunavut Fisheries Association to the AEC. Indigenous businesses play an important role in the economic development of the region. Through active engagement they can significantly contribute to the work on ensuring responsible business operations in the Arctic. Through the AEC, we can create stronger ties across the pan-Arctic region and globally”, says Mr. Thomas Mack, AEC’s Vice Chair representing the Aleut International Association.




2019 February 20

18:13 Klaipėdos nafta carried out the 10th operation of reloading LNG from a gas carrier to ground storage tanks
17:52 VNIIR-Progress St. Petersburg supplies electrical equipment for Atomflot icebreaker
17:28 Documents on concession model for Taman dry cargo area project to be submitted to RF Govt in March 2019
17:04 Cammell Laird stages ‘float-off’ for new £10m ferry for Red Funnel
16:46 VTMS, AIS and Pilotage Service on the Northern Sea Route to remain under Rosmorport’s control
16:25 NOVATEK eyes arranging LNG bunkering in Sabetta
16:04 Maersk enhances Asia-Europe network to further improve schedule reliability
15:43 Decision made on transfer of FSUE Hydrographic Company to Rosatom Corporation
15:21 Euronav sells LR1 Genmar Сompatriot
14:54 SIA Extron Baltic receives award for rapid growth in the Port of Riga
14:30 NOVATEK announces consolidated IFRS results for year ended 31 December 2018
14:02 COSCO SHIPPING Lines and Bolloré Transport & Logistics sign a MoU to develop new synergies
13:39 ABP partners with Grimsby-based Maritime Academy
13:15 Toll unveils new Australian ship
12:48 Increasing numbers of cruise ships making their maiden calls to Southampton
12:22 Transport Week 2019 welcomes Kalmar among its sponsors
12:01 First diesel-electric Damen Shoalbuster 3514 DP2, IMO Tier 3 ordered by Herman Sr
11:50 20 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 19-20
11:33 DP World acquires leading European transportation and logistics provider P&O Ferries
11:09 Port of Oakland to get three new cranes
10:47 Brent Crude futures price is down 0.3% to $66.25, Light Sweet Crude – down 0.02% to $56.44
10:35 2nd Hydraulic Engineering Structures and Dredging Congress kicks off in Moscow
10:18 Baltic Dry Index is down to 635 points
10:00 IMO Secretary-General urges all aboard for GHG reduction
09:34 Baltiysky Zavod completed shaping ice belt of nuclear-powered icebreaker Ural of Project 22220
09:25 Keppel delivers jackup rig to Grupo R on sale and leaseback deal
09:15 FESCO new vessel starts working on a regular service among the ports of China and Far East of Russia

2019 February 19

18:03 San Vicente Terminal Internacional receives two state-of-the-art cranes to enhance operations
17:50 Throughput of port Kavkaz in Jan’2019 fell by 8% Y-o-Y to 1.82 million tonnes
17:26 Moody´s upgrades Hapag-Lloyd credit rating to B1
17:03 Jan De Nul's PDC and Bangladesh PPA to pick engineer services provider for Payra dredging project
16:29 TMA Logistics, CTU and VCL join forces to establish Amsterdam-Utrecht-Rotterdam-Corridor
16:21 NIBULON shipbuilders finish constructing a series of POSS-115 Project tugs
16:03 MOL conducts underwater drone demonstration test for vessel bottom inspection
15:25 Wärtsilä’s propeller cap EnergoProFin listed in EcoAction Program
15:02 ICTSI's Matadi Gateway Terminal unlocks shipping system benefits
14:40 2nd conference on transportation of dangerous cargoes to address application of IMDG Code and ADR Agreement in Russia
14:02 Havyard to deliver ship design for further two cargo vessels for Royal Arctic Line
13:33 Ecochlor announces BWMS retrofit contract with Alaskan Tanker Company
13:02 GTT notified by Samsung Heavy Industries for the tank design of a new LNG carrier for Navigare
12:30 Gas4Sea partners and Equinor signed an LNG bunkering agreement
12:24 Social allocations of Multipurpose Reloading Complex grew by 22% YoY to RUB 3.8 million in 2018
12:01 Rail traffic at the Port of Gothenburg up to 398,000 TEUs in 2018
11:43 International best practices are introduced at ASCO to protect sailors health
11:41 Port of Hamburg sets record for seaport-hinterland rail traffic in 2018
11:39 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
11:18 Concordia Damen celebrates naming of innovative Sendo Liner
11:15 ASCO hosted a training course for instructors
10:47 24 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 18-19
10:22 ABP bolsters business with paper company joining Port of Hull
09:58 Brent Crude futures price is down 0.42% to $66.22, Light Sweet Crude – down 0.38% to $56.19
09:40 BIMCO demands 4th IMO GHG Study based on realistic economic growth
09:19 Baltic Dry Index is up to 643 points

2019 February 18

18:06 Algoma announces the Algoma Conveyor is headed for Canada
17:36 Maersk Line announces rates from Mediterranean to West and Central Asia
17:06 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:41 MAN Energy Solutions launches new TCT turbocharger series
16:26 VSC receives positive conclusion of state environmental expertise
16:02 Herbert-ABS releases HECSTAB Offshore
15:31 PPR 6 preview: IBIA working for sensible 2020 solutions at IMO meeting