Alaska-based Arctic investment firm to buy Iceland telecom company
An Anchorage-based, Arctic-focused private equity firm just announced its first Icelandic investment.
Pt Capital Advisors, a subsidiary of investment firm Pt Capital, said in a news...
Asian businesses seek closer ties with Arctic Economic Council
Several Asian countries are knocking on the door of the Arctic Economic Council, the body facilitating business cooperation across the Arctic region. And they...
COSCO will send 5 ships on Northern Sea Route in 2016
Speaking at the Arctic Circle conference in Reykjavik, China Ocean Shipping Company (COSCO) Executive Vice President Ding Nong confirmed that his company’s operations along...
Uncharted waters: Mega cruise ships sail the Arctic
SVALBARD, Norway -- A surge in Arctic tourism is bringing ever bigger cruise ships to the formerly isolated, ice-bound region, prompting calls for a clamp-down to...
Alaska governor heads to South Korea to pitch gas pipeline
Alaska Gov. Bill Walker is hopping on a flight Friday and heading back to South Korea – after just returning from a marketing trip there last...
Polar bears, fracking and a vow from a conservation group to...
Claiming a Smith Bay oil field could push polar bears toward extinction, the same group that helped win critical habitat designation for the iconic...
Greenland shipper plans to break Danish port contract
Long goodbyes are turning out not to be Verner Hammeken’s specialty. Since taking over as managing director of Royal Arctic Line, Greenland’s nationally controlled...
New oil find in Alaska’s Arctic is a ‘game changer,’ says...
Caelus Energy's CEO said on Tuesday he is “terribly excited” about the company's oil discovery at Smith Bay and expects it to be larger...
Russia’s northernmost town prepares for nuclear future
In a ceremony Tuesday, representatives of Rosatom, the Russian state nuclear power company, and regional authorities officially nailed the first pile into the waterfront of...
Caelus claims offshore Arctic oil discovery that could rank among Alaska’s...
Caelus Energy Alaska said Tuesday it has made a “world-class” oil discovery that, if estimates prove true, could be one of the largest finds...
