Industry News

A selection of links to relevant news articles

19
Sep 2018

GAO Identifies Multiple Risks Facing $9.8 Billion Polar Icebreaker Program

The U.S. Government Accountability Office (GAO) has warned that the U.S. government’s $9.8 billion polar icebreaker program is facing risks across multiple key areas which still need to be address before resources are committed.

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19
Sep 2018

The Arctic heavy fuel oil ban: why the Greenland Government backs it

The Greenland Government has backed the Clean Arctic Alliance’s proposal for an Arctic heavy fuel oil ban. The ban is an International Maritime Organization ban on the use and carriage of heavy fuel oil by Arctic shipping.

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5
Sep 2018

ESL Shipping’s New Eco Bulkers to Transit Northern Sea Route to Baltic Sea

Finnish shipping company ESL Shipping will send its two new eco-friendly bulk carriers through the Northern Sea Route to Baltic Sea for their maiden voyage from the shipyard.

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29
Aug 2018

IUMI: More Infrastructure Needed for Arctic Sailings Insurance

More infrastructure support is required to facilitate the provision of adequate insurance as the change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination, according to a position paper released by the International Union of Marine Insurance (IUMI).

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28
Aug 2018

Costs Melt As LNG Traffic Picks Up In The Arctic Circle

A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest temperatures on record shrink ice caps that used to lock ships out of the area.

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