• 2018 December 18 16:25

    Arctia and Meritaito join forces to expand their range of services

    Meritaito Ltd, the leading Finnish marine survey service and infrastructure management company, will become a fully owned subsidiary of the icebreaking and maritime services company Arctia Ltd. As Arctia says in a press release, the Finnish Government decided on the company reorganization on 13 December 2018. Together the companies will be able to offer their customers an even more comprehensive range of marine services both in Finland and overseas. More diversified services will improve competitiveness in the constantly tightening international market.

    The reorganization aims to improve business opportunities and profitability and to strengthen international business operations. Together Arctia and Meritaito will provide even more extensive services in challenging conditions in ports, sea areas and inland waterways both in Finland and overseas. In addition to services in icebreaking and ice management, as well as fairway maintenance and marine survey, the tasks of the new Arctia include, e.g. pipeline and cable laying, towing and harbor icebreaking, support in the installation and maintenance of underground structures, oil spill preparedness and recovery, port design, and the manufacture of buoys and other navigational aids.

    Both companies have significant ongoing projects to improve cost competitiveness. The success of these projects is a basic requirement for competitiveness also in a company that offers wider service entities. All ongoing efficiency measures will be continued and the possibility of combining them is being investigated.

    “Arctia and Meritaito will be even stronger together. We will be able to safeguard the operations of industrial and maritime actors in the Baltic Sea, in Finland’s inland waterways and in all challenging seas worldwide with an even broader approach. Our employees are among the best in the world in their respective fields of expertise, and they will play a key role in the expansion of services,” says Arctia’s President and CEO Tero Vauraste.

    “Our services cover all Finland’s territorial waters from the north to the south. We make use of the possibilities offered by new technologies for the needs of our customers,” emphasizes Meritaito’s CEO Hannu Ylärinne.

    A decision on the company reorganization was made in the Government’s plenary session on 13 December 2018. As a result of the reorganization, Meritaito will become Arctia’s fully owned subsidiary. The existing contracts of both companies will continue, and the business IDs, account information and contact information will remain unchanged.




2019 March 21

13:24 Andrei Chibis appointed Acting Governor of Murmansk Region
13:17 Coast Guard continues to break ice on Penobscot River to start on the Kennebec River
12:00 Steel cut for first short-sea LNG bunker vessel for Eesti Gaas at Damen Yichang Shipyard, China
11:39 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 20-21
11:13 Bunker prices go down at the Far East ports of Russia (graph)
10:50 Doha to host Ports & Maritime Evolution, Rail & Logistics Evolution, Road & Logistics Evolution Qatar Assembly & Expo in September’19
10:27 Brent Crude futures price is up 0.16% to $68.61, Light Sweet Crude – up 0.02% to $60.24
10:08 MAN receives an order for two-stroke engines from Eastern Pacific Shipping
10:05 MABUX: Bunker Market this morning March, 21
09:59 2018 revenues of FSUE Rosmorport grew by 7% Y-o-Y to over RUB 26 billion
09:22 Baltic Dry Index is down to 709 points
09:08 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
09:00 PSA, PFR and IFM investors partner to jointly acquire the deepwater container terminal Gdańsk from Macquarie infrastructure and Real Assets, MTAA SUPER, AustralianSuper and Statewide Super
08:36 Port Canaveral starts construction of new Cruise Terminal 3 complex
07:58 SeaKing Electrical completes DFDS ferry upgrades in France

2019 March 20

18:00 Insight Into Contemporary Seafaring workshop held at Azerbaijan State Maritime Academy
17:43 Damen Cruise inks first contract with SeaDream Yacht Club
17:34 Wärtsilä prepares solutions for new state-of-the-art Wasaline ferry
17:34 Fire on Costa Smeralda under construction at Meyer Turku Shipyard not to affect building schedule
17:08 NOVATEK BoD recommends payment of RR 16.81 per ordinary share as 2018 dividend
16:46 Ukrainian seaports increased cargo handling by 2.5 million tons in January-February
16:22 ABP’s Hull Dry Bulks Terminal marks milestone handling biggest shipment
16:03 IMSSEA hosted “Maritime training and research activities” workshop
15:40 EU NAVFOR supports Somali / Ugandan maritime leadership training exercise course
15:21 Port of Long Beach Survey Director named
14:59 Finland’s Ministry of Transport and Communications appoints steering group to support reform of Act on Transport of Dangerous Goods
14:35 11 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 19-20
14:12 Nauticor and Destination Gotland start LNG bunkering in the port of Visby for MS “Visborg” with the world’s largest LNG bunker supply vessel “Kairos”
13:57 DNV GL has joined RAO/CIS Offshore 2019 as Sponsor of a conference session
13:32 TechnipFMC awarded subsea contract for the Equinor Johan Sverdrup Phase 2 development
13:11 BC Ferries reveals 25-year vision for Swartz Bay Terminal
12:49 RF Government approves implementation plan for construction of Kamchatka LNG terminal
12:30 Havyard delivers the third battery-run ferry for the Hareid–Sulesund route to Fjord1
12:04 A.P. Møller - Mærsk A/S announces the completion of the sale of ordinary shares in Total S.A.
11:48 Draft law on amendments to crab harvest quota distribution submitted by RF Government to State Duma
11:30 Brexit: Port of Rotterdam starts leafleting campaign at ferry-terminals
11:03 PD Ports welcomes Offshore Wind Sector Deal
10:44 Brent Crude futures price is up 0.20% to $67.81, Light Sweet Crude – up 0.04% to $59.33
10:26 NYK signs Japan’s first ESG management support loan
10:10 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:47 AS Tallink Grupp extends vessel charter agreement
09:22 Baltic Dry Index is down to 712 points
09:08 MABUX: Bunker market this morning, Mar.20.

2019 March 19

18:25 Navigation support tool receives 2018 Hydrographic Technology Encouragement Award
18:05 NYK holds conferences to improve the safety of its dry bulk fleet
17:36 Abu Dhabi Ports collects over 120 tons of floating sea debris
17:05 JAXPORT sets record with largest container ship to call Jacksonville
16:35 NYK introduces its market analysis initiatives using AI and big data
16:10 BigLift Shipping and Chung Yang Shipping cooperate in heavy transport
15:53 BW Group purchases a majority stake in Epic Gas from key shareholders and launches unconditional tender offer
15:23 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
15:12 Royal IHC to design and deliver dredge installations for Van Oord
15:02 CMA CGM updates THC in Lithuania ports
14:31 Wight at the forefront of environmental stewardship – Hybrid Explorer Vessel
14:02 Maersk has announced FAK rates from Far East Asia to Mediterranean
13:31 GC Rieber Shipping: Shearwater GeoServices awarded acquisition and processing contract in Turkey
13:01 PIL starts new Middle East service – China Straits Gulf
12:41 V.Ships Leisure teams up with Mystic Cruises to provide crew services for the first expedition vessel, World Explorer
12:20 Global cruise industry meets at Posidonia Sea Tourism Forum 2019
12:01 Global Ship Lease agrees three-year charter with Hapag-Lloyd