Arctic Business Council summit to take place in Tromsø

Arctic Business Council summit to take place in Tromsø

An exclusive business forum plans to meet in January during the annual Arctic Frontiers conference in Tromsø, Norway.The Arctic Business Conference was originally planned...
Environmental groups file groundbreaking lawsuit against Norway over Arctic oil drilling

Environmental groups file groundbreaking lawsuit against Norway over Arctic oil drilling

Environmental groups Nature and Youth and Greenpeace filed a lawsuit Tuesday, arguing that Barents Sea oil must remain in ground if Norway is to fulfill...
Alaska-based Arctic investment firm to buy Iceland telecom company

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

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

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

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 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 fight Caelus at Smith Bay

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

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 CEO

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...