A team of scientists supported by the EU have embarked on a year-round expedition to study climate change and the marine ecosystems of the central Arctic ocean. The MOSAiC (Multidisciplinary drifting Observatory for the Study of Arctic Climate) expedition is the largest polar expedition to date.
The ship Tian Xi of China’s COSCO Shipping Specialized Carriers Co., Ltd. has arrived at Qingdao Port after completing a voyage through the Arctic shipping route. Returning from Finland’s Helsinki, Tian Xi vessel has transported approximately 30,000 tons of high-quality paper pulp back to China.
The final investment decision (FID) for the Arctic LNG 2 project has been approved by Total, Novatek and other project stakeholders. As Total states, the project is set to have a production capacity of 19.8 million tons per year (Mt/y).
An annual cargo flow of 80 million tons of cargo are planned to be shipped annually through the Northern Sea Route by 2024, Rosatom Director General Alexey Likhachev told delegates on the sidelines of the Northern Sea Route (NSR) Public Council.
Samsung Heavy Industries (SHI) signed a contract with the Russian Zvezda shipyard for the construction of ice-class LNG carriers for the Arctic LNG 2 project and to provide technological support in this project. SHI announced that it will establish a joint venture with Zvezda for the construction of shuttle tankers, which demonstrates its willingness to enter into the Russian market.
The 15 LNG tankers that will transport LNG from Arctic LNG 2 project will come at a cost of more than 300 bn rubles ($4.5 bn). That was the discussion topic during a session of the Russian state-owned VEB.RF Bank Supervisory Board.
On 26 August, the LNG-fueled Aframax crude oil tanker ‘Korolev Prospect’, owned by Russian Sovcomflot, began a transit of the Northern Sea Route. The ship will become the first such large-capacity crude oil tanker to travel the entire length of the Northern Sea Route using only LNG fuel.
Arctic navigation redefines shipping routes creating new opportunities and risks for ships. In this regard, IMO Secretary-General Kitack Lim is visiting Ilulissat, on 25-29 August, to participate in a high-level roundtable on Arctic shipping. This is the first ever visit to Greenland by an IMO Secretary-General.
CMA CGM ships will not sail through the Northern Sea Route, an area with a unique and largely unexplored biodiversity, the CEO of the French shipping group, Rodolphe Saadé, announced last week ahead of the G7 meeting underway in Biarritz.
Clean Arctic Alliance’s Lead Advisor, Dr Sian Prior and Árni Finnsson from the Iceland Nature Conservation Association are urging the Nordic Prime Ministers and the German Federal Chancellor to support the call for a ban on heavy fuel oil in the Arctic at their gathering in Reykjavik, Iceland.
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