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An industry’s perspective on past, present and future (regulation of) Arctic shipping

An industry’s perspective on past, present and future (regulation of) Arctic shipping. Lars Almklov Director Norwegian Shipowners’ Association Tromsø, 31 October 2008. The Norwegian shipping and maritime offshore industry. 160 shipowning companies, 1.820 merchant vessels

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An industry’s perspective on past, present and future (regulation of) Arctic shipping

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  1. An industry’s perspective on past, present and future (regulation of) Arctic shipping Lars AlmklovDirector Norwegian Shipowners’ Association Tromsø, 31 October 2008

  2. The Norwegian shipping and maritime offshore industry • 160 shipowning companies, 1.820 merchant vessels • 50 Mobile offshore units • 5% of the world merchant fleet • Norway's second largest export earner, biggest service exporter MARITIME POSITIONTonnage, by country of domicileSource: ISL Bremen National flag Foreign flags

  3. Arctic shipping? • Political thaw and a warmer climate • Trans-arctic Shipping • The Northern Sea Route • Trans-polar shipping • Destination Arctic

  4. Trans-arctic shipping(Northern Sea Route) • What is the alternative? • Suez Canal Equidistance: Hong Kong – London • (Yokohama-Hamburg : 35% shorter distance) • Panama Canal Equidistance: San Francisco - London • Which cargo? • Manufactured goods from (to) North East Asia to (from) Europe • (Some) bulk commodities from Europe to NEA

  5. Northern Sea Route • Draft restrictions (smaller vessels) • Ice conditions (more expensive vessels) • Higher operational costs • Cargo and marine insurance • Arctic skilled crew • Long ice season (unpredictable) NSR not (yet) a commercial alternative(will climate change change this?)

  6. Arctic shipping(Destination Russian Arctic) • Access and development of resources in the High North depends on maritime/ • offshore technology and maritime transportation US Geological Survey’s estimates that 25% of global undiscovered oil- and gas reserves are located in the Arctic

  7. Arctic shipping(Destination Russian Arctic) • Which cargo? • - Export of rich natural resources' (energy and minerals) from Russian Arctic • Import/domestic transport of goods to Arctic Russia • Will new (coastal) resources be developed? • What is the alternative? • New pipelines for oil and gas • New rail/land transportation

  8. Destination Russian ArcticRequirements • Lesser draft restrictions and shorter ice season • Investment in infrastructure required (ports, hinterland connections) • Availability of ice breaking services. Better monitoring/forecast of ice conditions. Search and rescue • Clear and predictable (Russian and International) rules for international shipping in the environmentally sensitive area • Shuttle model - (cabotage) Arctic shipping will be necessary to develop natural resources in North West and North East Russia

  9. Field construction (subsea) Exploration drilling Exploration Production Transport Demolition Heavy Lift Seismic / survey Explorationand Productiondrilling From drawingboards toinstallation of pipelines and other subseaconstructions Shuttle tankers Crude oil tankers Gas Carriers Ship-to-ship Floating Production (FPSO) Offshore Service Vessels

  10. A vulnerable Environment – need for regulation of Arctic shipping • Support for strict international regulation of Arctic shipping(IMO Polar Code) • Technical and operational regulations for offshore contracting activities should be harmonized • Accident preparedness.Search and rescue capabilities

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