• 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.”




2020 June 2

18:24 Consortium of Boskalis, Bouygues and Saipem selected for Fecamp Offshore Wind Farm foundations
18:07 Alfaport-Voka, Antwerp Port Authority and Maatschappij Linkerscheldeoever agree to extend payment period for concessions
17:39 About forty ships, boats and vessels of RF Navy's Black Sea Fleet went to sea for training
17:34 Stena Line is now ten years ahead of the international shipping targets for reducing emissions
17:17 Nuclear-powered container carrier Sevmorput returned to Murmansk, its port of registration
16:51 The world's second largest container ship begins operating in the Port of Barcelona
16:15 Rosmorport announced successful bidder for adjustment of Pionersky terminal project
15:36 Associations call for accelerating digitalisation of maritime trade and logistics
14:51 POT celebrates its 25th anniversary on 16 June 2020
14:28 Nakhodka Ship Repair Yard lays down a series of eight crab catching ships
14:02 Ole Martin Grimsrud to leave his position as CFO of Aker Solutions
13:53 Effects of coronavirus epidemic prevention regulations on Finnlines Passenger traffic
13:35 WMU joins On Shore Power Supply in the Nordic Region project
13:02 DCSA establishes IoT standards for container connectivity
12:48 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
12:26 Qatar Petroleum signs the largest LNG shipbuilding agreements in history to secure more than 100 ships valued in excess of QR 70 billion to cater for its LNG growth plans
12:00 Diana Shipping announces direct continuation of time charter contract for m/v Phaidra with Uniper
11:47 Research vessel of RF Navy's Baltic Fleet completed round-the-world route
11:22 Financial and operating results of FESCO Transportation Group for 2019
11:03 Ocean Network Express to extend the suspension of China-Australia service
10:29 “Zigh” Ship Repair and Construction Yard completes high-quality overhaul of “Nakhchivan” ferry vessel
09:58 Oil prices rise within $1
09:40 RS specifies requirements to roadster and harbor craft
09:23 MABUX: Bunker market this morning, June 02
09:12 Baltic Dry Index on June 1

2020 June 1

18:37 KIZAD breaks ground on largest rest, refuelling facility in region
18:21 Christophe de Margerie completes eastbound transit of NSR two months earlier than usual
18:13 Tallink Grupp to reroute its vessel Isabelle to operate on the Paldiski-Kapellskär route from 7 June 2020
18:07 ZIM starts eCommerce Xpress
17:52 Tallink to provide weekly sailings to Mariehamn in June and July 2020
17:29 Tallink adds more departures and additional vessel to Tallinn-Helsinki route
17:05 CMA CGM has announced FAK rates from North Europe to Mexico East Coast, USEC and USGULF & USWC
16:48 Throughput of port Azov in 5M’2020 fell by 9% YoY
16:30 Speakers announced for webinar “River fleet of the USA and Europe. What is useful for us or how do they make profit?”
16:05 MV Barracuda makes the first switch from dry cargo to jet fuel
15:26 Oil shipments via CPC Marine Terminal in 5M’20 climbed by 8.3% YoY
15:01 CMA CGM announces FAK rates from the Mediterranean to USEC, USGULF, Mexico East Coast and Canada East Coast
14:57 CANDEN Marine Fuel Services joins Glander International Bunkering Group
14:55 Average wholesale prices for М-100 HFO rose to RUB 6,641 in RF spot market
14:33 Northern Sea Route cargo traffic in 5M’2020 rose by 2.95%
14:10 Bollinger Quick Repair takes delivery of new dry-dock – “MR. Eddie”
13:52 Shuttle tanker Mikhail Ulyanov loads 200th crude oil cargo for Prirazlomnoye project
13:10 Neptune Energy welcomes DEME as a partner in the PosHYdon offshore green hydrogen pilot
12:46 Russian Railways' network loading fell by 4.5% in 5M’ 2020
12:10 Tanger Med partners with the initiative of the largest world ports to guarantee the continuity of international supply chains
11:57 Vladimir Putin approved a list of instructions following a meeting on transport sector development
11:31 CMA CGM ends PSS for exports from East Russia
11:05 Van Oord develops Green loan framework
10:30 CMA CGM announces PSS for Reefer Exports from Europe to West Africa (Nigeria excepted)
10:03 Oil prices decrease by about $1
09:46 Royal IHC to deliver design package and key components for new TSHD of Weeks Marine
09:42 Shipbuilding and Ship Repair Yard named after Lenin launched crane ship built for RF Navy
09:20 Baltic Dry Index on May 29
08:39 MABUX: Bunker market this morning, June 1

2020 May 31

16:57 RINA: shareholders’ meeting approves the financial statement for 31 December 2019 and appoints a new Board of Directors
15:31 Board appoints non-executive director at V.Group
14:48 MM&P seeks help from Congress in battle to repatriate offshore crews
13:24 Svitzer A/S names new CEO
12:31 Subsea 7 announces cost reduction measures
10:52 Drydocks World begins second project for the Hollandse Kust Zuid Windfarm