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Maritime opportunities in the Arctic

Report by the Norwegian Shipowners' Association The Norwegian Shipowners' Association released a report on maritime opportunities in the Arctic.According to the report, Norway's sea area is six times larger than its landmass. The majority of this area lies in what wedefine as the High North. The High North hasbecome an object of increasing focus by many parties due to its significance for energy, the environment and security on a global scale. The trend in theform of serious melting of the polar icecap is causefor concern. At the same time, a number of playershave explored the potentials that are opening up.This development makes particular demands on theauthorities and all other stakeholders in the HighNorth.The Norwegian authorities must safeguardresponsible and sustainable development in theregion. The Norwegian Shipowners' Associationseeks to make an active contribution to this aim.In this High North strategy, the Norwegian Shipowners' Association delineates three development areasof particular interest to shipping companies: offshoreenergy extraction, intra-regional transport and polartransit. All three share the fact that operations areperformed under extremely difficult conditions.High demands are made on operational expertise,technology and quality along the entire value chain.The Norwegian maritime industry is a world-leaderin terms of both technology and expertise.The Norwegian Shipowners' Association isgenerally experiencing widespread ...

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