Search results for: Trans-Arctic

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A list of search results

  • 2 February 2016
    Business & Finance

    China Ocean Shipping (Group) Company (COSCO) has signed a cooperation agreement on Trans-Arctic shipping development with the provider of classification services American Bureau of Shipping (ABS) in Shanghai, China. COSCO and ABS aim to expand COSCO’s use of the Northeast Passage, for more regular trading, explore navigation in Northwest Passage, and develop ice-classed vessel types appropriate […]

  • 25 June 2009

    The heavy ice strengthening of hulls, upgrading of equipment and components, and requirements to minimize emissions and improve icebreaking capabilities must be implemented in order to establish regular year-round trans-Arctic containership operations. DNV has carried out a feasibility study to evaluate the possible advantages of utilizing the shorter trans-Arctic route between Asia and Europe and […]

  • 5 June 2014
    Business & Finance

    As climate change alters the arctic landscape and the extent of ice-covered areas shrinks, maritime transport in the world’s northernmost region has become a widely discussed issue due to its growing strategic importance. The legal regime for trans-Arctic shipping is complex and consists of the framework laid down in UNCLOS (United Nations Convention on the […]

  • 1 April 2013

    Sovcomflot Group (SCF) has taken 4th place in a list of the top 30 tanker companies in the world as published by the British shipping magazine Tanker Operator. The preface to the list reads as follows: “Sovcomflot is continuing its rise to the very top of the global ratings and will undoubtedly retain its place […]

  • 21 August 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The latest Autosub Long Range (ALR) vehicles being developed by the National Oceanography Centre have completed their first round of commissioning trials in the waters of Loch Ness, Scotland. The new autonomous underwater vehicles (AUV), ALR1500 – named for the 1500m depth to which they can dive – carried out a range of test missions […]

  • 24 January 2011
    Business & Finance

    GAC Norway has welcomed the TransAtlantic ice-breaking Anchor Handling Tug Supply (AHTS) ‘Tor Viking II’ to Hammerfest after its transit of the ice-bound North East Passage, under a new agency agreement that brings together two companies with plans for Arctic expansion. Berthing at the northern Norwegian port marked the end of the vessel’s voyage from […]

  • 25 November 2013

    Tschudi Shipping Co., one of the oldest shipping firms in Norway, will begin exploring the possibility of establishing a transshipment port in western Alaska, said Lt. Governor Mead Treadwell . Treadwell, who leads the state’s work with the 8-nation Arctic Council, applauded Tschudi’s decision, saying it is a tremendous step toward developing Alaska’s economic opportunities […]

  • 25 November 2013
    Business & Finance

    Tschudi Shipping Co., one of the oldest shipping firms in Norway, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said. Treadwell, who leads the state’s work with the 8-nation Arctic Council, applauded Tschudi’s decision, saying it is a tremendous step toward developing Alaska’s economic opportunities related […]

  • 30 June 2013

    Atwood Places Order for 4th Drillship in South Korea   SapuraKencana Nets $2.7 Bln PLSV Contract in Brazil   GALLERY: Damen Introduces New Arctic Offshore Support Vessel Design   Trans Adriatic Pipeline Selected for Shah Deniz Gas Transport   Total Splashes More Cash on Egina. Awards Saipem $3Bln Contract

  • 11 April 2013
    Business & Finance

    ConocoPhillips yesterday announced it will put its 2014 Alaska Chukchi Sea exploration drilling plans on hold given the uncertainties of evolving federal regulatory requirements and operational permitting standards. The company has determined it would not be prudent at this time to make the significant monetary commitments needed to preserve the option to drill in 2014. “While we are […]

  • 15 March 2013

    U.S. Sen. Lisa Murkowski, R-Alaska, has released the following statement in response to the Department of the Interior’s assessment of Shell’s 2012 Arctic exploration program.  “There’s a history of safe drilling in Alaska’s Arctic waters going back to the 1970s. While Shell’s exploratory drilling program maintained that record of safety, they did experience problems with […]

  • 13 March 2013
    Business & Finance

    Viking Supply Ships A/S (VSS) has entered into a time charter contract for one of its AHTS icebreaker vessels (Tor Viking or Balder Viking) with a major oil company. The charter agreement applies to the 2014 and 2015 seasons in sub-Arctic waters with options for 2016 and 2017. The duration of each season will be […]

  • 31 January 2014

    The White House yesterday released the Implementation Plan for the National Strategy for the Arctic Region. The Administration solicited input from Alaska Natives, the State of Alaska, Congress, academia, industry and others to develop an Implementation Plan that sets forth the guidelines for Federal Departments and Agencies to execute the National Strategy for the Arctic […]

  • 26 July 2013
    Business & Finance, Operations & Maintenance

    The, ,dream of faster, more affordable and reliable broadband telecommunications to Canada’s North will move one step closer to reality in mid-August as Arctic Fibre Inc. begins its physical landing site surveys at seven locations across Nunavut and one site in Northern Quebec. Starting August 19th in Iqaluit, a seven-person survey team comprised of Arctic […]

  • 18 January 2013
    Business & Finance, Equipment, Project & Tenders

    Arctic Fibre Inc. announced that it will partner with Anchorage-based Quintillion Networks, LLC to provide broadband telecommunications services to more than 26,500 Alaska residents living along the Alaskan North Slope and Bering Sea coastline, and to provide a geographically diverse alternate fibre route for traffic from the United States to Europe and Asia. This provision […]

  • 30 March 2017
    Exploration & Production

    Russia’s largest privately-held oil company Lukoil and Gazprom Neft have conducted a joint exercise “Arctic-2017” to simulate oil spill response in ice conditions in the Arkhangelsk region. Lukoil said on Tuesday that the exercise took place in the Barents Sea, near the Varandey fixed offloading terminal and the Prirazlomnaya platform. The exercise was initiated by […]

  • 21 November 2016

    The outgoing Obama Administration has removed the Arctic from the proposed 2017-2022 offshore oil and gas lease sale program. Presenting the plan on Friday, Department of Interior’s secretary, Sally Jewell, said there would be no lease sales in the Beaufort and Chukchi Seas, offshore Alaska. During the five-year plan, only one lease sale is envisioned […]

  • 31 January 2012
    Business & Finance

    Providence Resources Plc. has awarded TWMA with the contract for the handling and treatment of drill cuttings from the GSF Arctic III rig in the Celtic sea. It is the second contract for TWMA in the region and will involve a skip-and-ship operation to transport the cuttings from the Barryroe well offshore Cork in Southern […]

  • 19 October 2015

    The Obama administration has cancelled the Arctic Lease Sales for the Beaufort Sea and the Chukchi Sea oil and gas exploration in the current five-year oil and gas program. The U.S. Department of the Interior Friday said that, in light of current market conditions and low industry interest, it would cancel the two potential Arctic offshore […]

  • 16 August 2016

    U.S. Senator Lisa Murkowski last week urged Bureau of Ocean Energy Management (BOEM) Director, Abigail Ross Hopper, to preserve all three lease sales proposed for Alaska when it finalizes its offshore program for the years 2017 through 2022. Murkowski’s request came during a face-to-face meeting on Friday afternoon in Anchorage, as Hopper neared the end […]

  • 15 October 2012
    Business & Finance

    Stefan Eliasson was appointed MMT’s new Managing Director in 2012. After 11 successful years at the Swedish shipping company TransAtlantic and after years of business relations with Ola Oskarsson (founder of MMT), Stefan Eliasson became the new leader of MMT. Stefan has extensive experience of the shipping business and in the oil & gas industry. […]

  • 15 October 2012
    Business & Finance

    Stefan Eliasson was appointed MMT’s new Managing Director in 2012. After 11 successful years at the Swedish shipping company TransAtlantic and after years of business relations with Ola Oskarsson (founder of MMT), Stefan Eliasson became the new leader of MMT. Stefan has extensive experience of the shipping business and in the oil & gas industry. […]