• 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.”




2021 January 20

10:12 Cryogas-Vysotsk reaches LNG milestone of one million tons
09:51 Crude oil prices rise on optimism driven by economy support
09:33 Bunker market sees mixed price movements at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index as of January 19

2021 January 19

18:05 Wärtsilä signs a 5-year long-term service agreement with leading Chinese dredging company
17:44 Ventspils Universal Cargo Terminal maintains stable cargo turnover
17:25 CMA CGM announces FAK rates from the Middle East Gulf to North Europe and the Mediterranean
17:00 Annual German Maritime Forum to be held as a digital event on 28 January 2021
16:35 Austal launches VOLTA series of electric-powered high speed ferries
16:15 Market leader in bioplastics chooses port of Rotterdam
15:58 Zvezda starts building second LNG tanker of new ARC 7 class series
15:42 MES-S completes delivery of 87,000 dwt type bulk carrier to OCEAN JADE
15:11 ABS-Classed Suezmax is world’s first ammonia ready vessel
14:41 7th Port Planning & Development Asia Summit to be held live online on 2-5 March 2021
14:20 Alfa Laval joins forces with marine industry players to accelerate decarbonization
14:19 Throughput of port Kavkaz in 2020 rose by 13% Y-o-Y
13:56 Infocus International to hold online course on LNG business in 2021
13:18 Szczecin-Świnoujście Port complex reports on cargo handling in 2020
12:55 Russian Fishery Company demonstrated high results in 2020
12:23 RF Navy’s frigate "Admiral of the Fleet Kasatonov" makes business call at port city of Algeria
12:00 Samskip to start new container service between Amsterdam and Dublin
11:49 Beloomut hydrosystem to begin operation in April 2021
11:04 Over 10,000 frontline maritime personnel to receive COVID-19 vaccinations by end January
10:51 MABUX: Bunker market this morning, Jan 19, 2021
10:46 Costa Toscana floated out at Meyer Turku shipyard
10:20 DP World Antwerp Gateway orders fleet of Automated Stacking Cranes from Konecranes
10:12 BPA: Vaccine prioritisation needed for the unsung heroes of the UK ports sector
09:34 GTT receives its first order of 2021, from a SHI for the tank design of a new LNG carrier
09:27 Oil market sees mixed price movements
09:09 Baltic Dry Index as of January 18

2021 January 18

18:56 CMA CGM applies Local Port Charges for USA imports/export
18:26 The Valencia Containerised Freight Index rises 4.19% in December 2020
18:06 71 vessels were repaired at the “Bibiheybat” Ship Repair Yard in 2020
17:45 Klaipeda State Seaport Authority signs contract for shipping canal dredging
17:26 Hanseaticsoft’s Cloud Fleet Manager endorsed by Singapore government to help shipping companies accelerate their digitisation
17:16 Busan Por secures logistics base in Indonesia
16:47 SCF’s LNG carrier Christophe de Margerie completed her eastbound voyage carrying cargo of LNG along NSR
16:43 Port of Antwerp container throughput up 1.3% in 2020
16:25 Hamina in Finland becomes new partner in Baltic cruise network
16:15 Singapore to vaccinate over 10,000 frontline maritime personnel by end January
15:50 Average spot market price for Russian M100 product climbed to RUB 18,290 pmt
15:29 The Great Lakes Towing Company names latest Damen Stan Tug 1907 ICE harbour tugs
14:59 Russia’s first Aframax tanker Vladimir Monomakh leaves for its first voyage
14:36 NOVATEK reports preliminary operating data for 2020
14:13 Niestern Sander announces successful transportation of EasyMax from shipyard to the port
13:51 Container throughput of port Shanghai (China) in 2020 declined by 0.5%
13:32 Throughput of Taganrog port in 2020 climbed by 4%
13:15 Kim Heng and Hunghua sign memorandum of understanding in relation to 2 units of 250 feet crane barges
13:00 Throughput of Russian seaports in 2020 declined by 2.3% (detalization)
12:24 Container throughput of Hong Kong port (China) in 2020 fell by 1.9%
12:01 The port of Amsterdam experiences a decrease in transhipment in 2020 due to energy transition and coronavirus   
11:37 Tuapse Sea Commercial Port increased its throughput by 6% in 2020
11:15 SEACOR Marine completes sale of windfarm support business
11:05 Big Port St. Petersburg marks 60th anniversary of icebreaker assistance
10:43 Port of Long Beach moves a record 8.1 million TEUs in 2020
10:29 MABUX: Bunker market this morning, Jan 18, 2021
10:13 BPA: Government must act immediately on seafood exports
09:50 Throughput of Murmansk Sea Fishing Port in 2020 fell by 16.8% YoY
09:28 Crude oil prices decrease amid demand/supply concerns
09:11 Baltic Dry Index as of January 15