Russia approves €1 billion LNG transshipment terminal on Kola coast

Russia approves €1 billion LNG transshipment terminal on Kola coast

The Russian federal government intends to spend 70 billion rubles (€965 million) on the construction of a new major Arctic terminal for storage and...
China acquires 20 percent stake in Novatek’s Arctic LNG 2 Project

China acquires 20 percent stake in Novatek’s Arctic LNG 2 Project

China continues to invest in Arctic natural resources as two Chinese national oil companies secure a 20 percent stake in Novatek's massive Arctic LNG...
U.S. Coast Guard awards contract for first new heavy icebreaker in four decades

U.S. Coast Guard awards contract for first new heavy icebreaker in...

The U.S. Coast Guard has awarded a contract to VT Halter Marine Inc. to design and construct the first U.S. heavy icebreaker in decades.The...
Iceland’s proposed new container port creates controversy

Iceland’s proposed new container port creates controversy

A proposed new deepwater port and shipping hub in northeast Iceland has stirred up controversy.Icelandic Minister for the Environment Guðmundur Ingi Guðbrandsson, who in...
France’s Total will partner with Russia’s Novatek on Arctic LNG transshipment hubs

France’s Total will partner with Russia’s Novatek on Arctic LNG transshipment...

CEO of French oil and gas company Total S.A, Patrick Pouyanne said that the company would buy 10 percent share of LNG terminals of...
Novatek says it will move LNG ship-to-ship transfers from Norwegian to Russian waters

Novatek says it will move LNG ship-to-ship transfers from Norwegian to...

Representatives of Russian gas company Novatek told the newspaper Kommersant that the reloading of LNG in the Sarnes Fjord outside Honningsvåg, Norway, will come...
Iceland invests in Arctic shipping with development of Finnafjord deepwater port

Iceland invests in Arctic shipping with development of Finnafjord deepwater port

German port operator Bremenport and its Icelandic partners have signed an agreement to begin construction of a deepwater port and industrial site at Finnafjord,...
A search-and-rescue exercise simulates an Arctic cruise ship mishap

A search-and-rescue exercise simulates an Arctic cruise ship mishap

What do you do when 66 Arctic cruise passengers can’t return to their ship after a shore excursion in a small boat?That was the...
Russian Arctic developers present a new dazzling target for Northern Sea Route

Russian Arctic developers present a new dazzling target for Northern Sea...

The head of Russia's nuclear power company Rosatom says shipping on the Northern Sea Route will grow to 92.6 million tons by the year...
Putin invites foreign investors to help build Northern Sea Route hubs

Putin invites foreign investors to help build Northern Sea Route hubs

ST PETERSBURG, Russia — Russian President Vladimir Putin on Tuesday invited foreign investors to take part in the construction of port infrastructure in Murmansk...