Greenland

News on Greenland.

Greenland supports Arctic oil ban

Greenland's home-rule government has decided to support efforts to ban sailings on heavy fuel oil in Arctic waters, which is a part of the IMO's agenda.

Royal Arctic Line after costly half-year: Sorry about the mess

The Greenlandic-owned carrier, which these years is going through a comprehensive overhaul, booked a DKK 41.5 million operating deficit in the first half of the year.

Major investments needed to ensure Royal Arctic Line's strategy

Investments totaling hundreds of millions of dollars will be needed over years to come in order to ensure the new strategy for Royal Arctic Line and the sailing to and from Greenland, according to an internal brief to employees.

Greenland considers creation of maritime authority

Politicians in Greenland will this week assess whether the entire maritime political area can be brought back to Greenland instead of falling under the Danish Maritime Authority. The idea falls in line with Royal Arctic Line's plans to flag more of the carrier's vessels locally.

Royal Arctic Line vessels to be flagged in Greenland

The carrier will "be rooted in the fact that it's a Greenlandic business," and as such, a bigger part of the carrier's fleet will be flagged in Greenland going forward, says CEO Verner Hammeken in an interview with ShippingWatch.

Royal Arctic Line's strategy will reduce staff on board vessels

Fewer employees on board the vessels and better educational opportunities in Greenland are some of the consequences of the partnership with Icelandic Eimskip and the upgrade of the cabotage fleet, writes Royal Arctic Line in a statement.

Royal Arctic Line chairman supports break from historic monopoly

The chairman of carrier Royal Arctic is ready to open talks with its owner, the Greenlandic Government, and discuss breaking from its current monopoly on Greenlandic salings. The historical concession is expensive for Greenland, chairman Kuno Fencker tells ShippingWatch.

Royal Arctic Line ready to break from historic monopoly on Greenland

Royal Arctic Line's monopoly on seafreight to and from Greenland is at play when the carrier begins its new partnership with Iceland's Eimskip. "One might ask if it's necessary to have a concession," Royal Arctic Line CEO Verner Hammeken tells ShippingWatch.

ShippingWatch