• 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 May 24

17:49 Hannu Ylärinne appointed COO and Executive Vice President of Arctia Group having retained his position as CEO of Meritaito
17:28 Coast Guard issues waterway restrictions on Mississippi, Illinois Rivers
17:11 NOVATEK obtains new licenses on Krasnoyarsk Territory
17:02 CMA CGM launches the Reefer Pharma division for the temperature-controlled transportation of pharmaceutical products
16:50 Throughput of Rostov-on-Don port in 4M’19 fell by 7% Y-o-Y to 5.11 million tonnes
16:28 Teekay Tankers reports 1Q 2019 results
16:17 Acta Marine names its third W2Work offshore vessel Acta Centaurus
15:53 Ambal ferry returns to Baltijsk-Ust-Luga line after scheduled maintenance
15:27 Surveillance camera installed by Freeport of Riga Authority on Krievu Island for coal dust monitoring
14:59 Port of Tallinn got acknowledged as socially responsible company
14:01 Port Houston volume up nine percent year-over-year
13:50 Feodor Shishlakov appointed head of Volgo-Baltic Administration
13:22 PSA, PFR and IFM investors jointly acquire DCT Gdańsk
12:18 ASI Marine develops an alternative safe method for surveying in hazardous high flow areas.
12:00 Lotos shipyard launches Peotr Veliky, cruise ship of Project PV300VD
11:37 New tugboat built by Damen to expand port fleet of Nakhodka TSP
11:16 SeaBird announces update on vessel acquistion and contemplated private placement of new shares
11:06 Jotun creates new standard for predictable, long-term antifouling protection with SeaForce and HydractiveTM technology
11:01 Global Ship Lease announces agreement to acquire three containerships
10:45 Russian ship owners got 29 new seagoing commercial ships with total deadweight of 552,400 tonnes in 2018 - CNIIMF
10:24 Brent Crude futures price is up 1.22% to $68.59, Light Sweet Crude – up 1.23% to $58.62
10:11 NORDEN boosts Middle East activities with new 3-year contract
10:09 Royal IHC names 2,300m³ TSHD LESSE
09:58 Rotterdam sends hyper-smart container on trip around the world
09:47 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:26 ZIM announces changes to MGX Service
09:16 MABUX: Bunker market this morning, May 23
09:15 Baltic Dry Index is up to 1,068 points
08:50 Bunker prices review at global sea ports, Week 21st, 2019

2019 May 23

18:43 DOF Subsea secures contract in Brazil
18:21 ZIM Q1 2019 revenues rose 6.0% to $796.2M
18:06 MOL to Join Consortium on TCFD (Task Force on Climate-related Financial Disclosures)
17:44 CNIIMF forecasts NSR cargo traffic to reach 100 million tonnes by 2035
17:11 USCG closes case of downed aircraft in Prince William Sound
17:06 Port of Rotterdam sees significant progress in development HES Hartel Tank Terminal
16:55 GOGL announced net loss of $ 7.5M vs net income of $ 23.6M in 1Q 2019
16:30 New digital solution from Rolls-Royce and ZF improves availability and CO2 emissions of ships
16:05 CMA CGM orders 50,000 Traxens trackers
15:23 OCTOMAR Serviços Marítimos takes delivery of Damen Fast Crew Supplier 2206
14:47 RF Navy’s destroyer participated in combat training in the Sea of Japan
13:36 High Representative/Vice-President Federica Mogherini visits ITS Carlo Margottini
13:05 Singapore to host Port Maintenance and Facilities Management Summit on 24-27 September 2019
12:29 Optimarin gears up for retrofit wave with expansion and new hires
12:19 FESCO and Russian Railways launch transit service for delivery of goods from Japan to Europe through Russia
11:43 Bunker prices go up at the Far East ports of Russia (graph)
11:21 Severnaya Verf starts cutting metal for third processing trawler of Project 170701 ordered by NOREBO Group
11:08 Diana Shipping announces time charter contract for m/v Baltimore with Koch
10:26 Brent Crude futures price is down 0.69% to $70.5, Light Sweet Crude – down 0.6% to $61.05
10:08 Port of Antwerp aims for more efficient road transport with night-time opening hours on Right bank of Scheldt
09:57 Kuibyshev reservoir level allows for fleet operation - RF Transport Ministry
09:39 NOVATEK signed MoU with Ninh Thuan Province in Vietnam
09:20 Baltic Dry Index is up to 1,059 points
09:10 MABUX: Bunker market this morning, May 23
09:08 Royal IHC signs contract with Cameroon’s Port Authority of Douala
08:25 Sempra LNG and Aramco Services Company sign heads of agreement for Port Arthur LNG

2019 May 22

18:05 CMA CGM to resume the Bijagos Shuttle service
17:50 RF Government approves rules for collecting port investment dues from ship owners in Russian seaports
17:38 The University of Calabria and Finсantieri ink training agreement
17:05 CMA CGM PAD-Service delivers first Zespri kiwifruits to the port of Zeebrugge
16:44 CMA CGM announces GRR from Asia to South Africa