• 2019 October 9 16:51

    First joint meeting between Arctic Council and Arctic Economic Council held in Reykjavik

    The Arctic Council and the Arctic Economic Council hold their first joint meeting in Reykjavik today, 9 October 2019, bringing together government representatives of the eight Arctic States, business representatives, as well as representatives of the indigenous Permanent Participants, and the Councils’ respective Working Groups, the Arctic Council says in a press release. The meeting is a step towards enhancing cooperation and collaboration between the Arctic Council and the Arctic Economic Council, as outlined in a Memorandum of Understanding the secretariats of both Councils signed last May. The discussions in Reykjavik will focus on subject areas of common interest, such as marine transportation and blue economy, telecommunications connectivity, responsible resource development and mainstreaming biodiversity, as well as on responsible investments and corporate social responsibility.

    For the first time delegates of the Arctic Council and the Arctic Economic Council will gather for a joint meeting. On 9 October 2019, government representatives of the eight Arctic States, business representatives, members of Arctic indigenous Peoples’ Organizations represented in both Councils, and experts of the Councils’ Working Groups come together in Reykjavik, Iceland, to discuss common Arctic issues.

    The foundation for this meeting was laid in Rovaniemi, Finland, earlier this year, as the Arctic Council and the Arctic Economic Council signed a Memorandum of Understanding (MoU). The MoU provides a framework on how the two Councils can better cooperate on their shared goals. This includes a regular exchange of information and expertise, and the first joint meeting of the two Councils is a step towards this objective.

    To foster an active exchange and to cover the wide ground of shared interests, the Arctic Council and the Arctic Economic Council have identified four common main themes for their discussions in Reykjavik: marine transportation and blue economy, telecommunications connectivity, responsible resource development and mainstreaming biodiversity, and responsible investments and corporate social responsibility.

    These themes reflect the present priorities of the Arctic Council and the Arctic Economic Council as they are outlined in their respective Chairmanship programs. Iceland currently chairs both the Arctic Council and the Arctic Economic Council and aims at leveraging this opportunity to strengthen cooperation between the Councils.

    “The overarching theme of our Arctic Council Chairmanship is ‘together towards a sustainable Arctic’ and by definition this includes environmental, social and economic efforts. The Arctic Council has focused much of its work on environmental protection and the well-being of Arctic inhabitants. With new economic opportunities and challenges emerging in the Arctic, I think we can benefit from working closer together with the Arctic Economic Council on promoting responsible economic development,” states Ambassador Einar Gunnarsson, Chair of the Arctic Council’s Senior Arctic Officials.

    Heiðar Guðjónsson, Chair of the Arctic Economic Council, echoes the mutual benefit of a closer collaboration: “The development of our societies and value creation in the Arctic are dependent on sustainable growth based on the scientific foundation to which the Arctic Council has contributed greatly. Arctic businesses play an important role in the development of growth, value creation, and employment opportunities in our communities. Therefore, I am proud to co-chair the first joint meeting with the Arctic Council on behalf of the AEC and look forward to discussing potential areas of collaboration together with the representatives of the Arctic States and the indigenous organizations.”




2019 October 22

15:02 Deltamarin signs design contracts with Merima
14:44 Pella shipyard started mooring trials for lead crab catching vessel of Project 03070
14:10 CMA CGM announces FAK rates from Asia to the Middle East Gulf
13:49 Patrol ship of RF Navy’s Black Sea Fleet left Greek port of Pylos
13:02 A.P. Møller - Mærsk A/S upgrades EBITDA expectation for 2019
12:50 Marine Recruiting Agency trained 1,344 specialists for port and construction segments in 9M’19, up 14% YoY
12:28 DP World reports 1.1% gross like-for-like volume growth in 3Q 2019
12:26 ESPO congratulates port of Barcelona, Vigo and Baku for getting EcoPorts’ environmental management standard
12:01 Cook Islands, Sao Tome and Principe accede to Cape Town Agreement, 46 declare support
11:45 MPSV12 project vessel "Bahtemir" took part in emergency response exercises in the Gulf of Finland
11:22 3rd “LNG Fleet and LNG Bunkering in Russia” conference kicks off in Moscow
11:13 Bio-based welding-gas production facility to open in the port of Amsterdam
10:44 CMA CGM announces PSS for cargo from Europe and the Mediterranean to Australia and New Zealand
10:20 BLRT Grupp’s Noblessner Homeport project wins in “Best Development Project of 2019” nomination
09:56 Poland's first training centre for port staff opened at the Port of Gdansk
09:33 Brent Crude futures price is down 0.22% to $58.83, Light Sweet Crude – fell by 0.26% to $53.37
09:18 Baltic Dry Index is down to 1,846 points
08:31 MABUX: Bunker Market this morning, Oct 22

2019 October 21

18:25 Navios Acquisition announces $15 mln offering of common stock
18:02 Temasek subsidiary plans to acquire 30.55% of shares in Keppel
17:50 Two LNG-powered Sovcomflot tankers successfully completed voyages along Northern Sea Route
17:36 Anglo-Eastern signs Cyber MOU with Naval Dome
17:13 Guard ship "Yaroslav Mudry" of RF Navy’s Baltic Fleet made business call in Limassol
17:05 Blockchain and DNA-based marine fuels tracking solution BunkerTrace goes live
17:02 Castor Maritime announces vessel acquisition
16:40 Yaroslavsky shipyard launches diving ship '75 Let Pobedy’ built for Transneft UW Service
16:21 Ministerial Conference pushes ratification of Cape Town Agreement
16:16 ACO Marine secures order to design and manufacture a Clarimar MF-3 biological wastewater management system for installation to the luxury yacht
16:09 ABB to bring autonomous technology to the Port of Singapore
16:02 Hunter Group ASA announces delivery of Hunter Saga
15:39 TransContainer reports 9M’19 net profit of RUB 10.426 million, up 68.3% YoY
15:02 Epic Gas completes major refinancing of twenty ships
14:47 Port of Baku becomes first Green Port in Caspian region
14:13 Sulphur 2020: stakeholders prepare for a sea change from 1 January 2020
13:52 USPA starts accepting applications for participation in concession tender of “Olvia Stevedoring Company”
13:34 ABP is ‘calling on all UK technology companies’ to drive innovation
13:13 Innovative vessels visit port of Brussels
12:39 Ports of Antwerp and Zeebrugge initiate merger negotiations
12:12 Aker Solutions and EDP Renewables to develop floating wind farm in Ulsan, South Korea
11:55 Port of Singapore throughput in Jan-Sep’2019 declined by 0.5% to 467.9 million tonnes
11:36 Port of Rotterdam posts Q3 2019 results
11:19 Container throughput of port Hong Kong (China) down 6.5% to 13.68 million TEUs in Jan-Sep’2019
11:00 CMA CGM launches SHIPFIN TRADE FINANCE, its new range of import and export financing solutions
10:48 Port of Helsinki volumes in January-September down 3.3% to 11.16 million tonnes
10:33 Damen partners with Maris to consider seaweed solution
09:51 One-stop principle is crucial for yachting development in Russia - Igor Levitin
09:30 Brent Crude futures price is down 0.29% to $59.25, Light Sweet Crude – fell by 0.13% to $53.8
09:24 MABUX: Bunker market this morning, Oct 21
09:12 Baltic Dry Index is down to 1,855 points

2019 October 20

16:05 EDPR and Aker Solutions to develop 500MW floating wind farm in Ulsan, South Korea
15:25 Coast Guard updates port conditions in Gulf Coast region
14:47 Siemens Gamesa bags three new contracts for 359 MW in Chile
13:41 Fincantieri begins project for stretching three small cruise ships of Windstar
12:34 MSC introduces new Spanish rail service for reefer cargo
11:03 USCG, Mexican Navy search for overdue aircraft in Gulf of Mexico
10:12 DOE authorizes LNG exports from the Venture Global Plaquemines LNG Project

2019 October 19

16:12 Bibby Marine appoints Helen Samuels to lead the company into its next phase of development
14:58 Med Marine is building new concept ice class tugs for Svitzer
12:34 Sohar Port & Freezone inaugurate new Svitzer pilot boat duo
11:44 USCG offloads more than $92 million worth of cocaine in San Diego