South Korean shipbuilder eyes Arctic opportunities, including Canada, as northern shipping grows
South Korean shipbuilder HD Hyundai Heavy Industries expects demand for icebreakers and other polar vessels to grow as governments expand
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Business
Baffinland asks judge to allow sale of assets to avoid mine closure
By Arty Sarkisian As of May, company owed $2.6 billion to 231 creditors Debt-stricken Baffinland Iron Mines Corp. is asking
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Iceland plans visitor fee to address overtourism at three famous Golden Circle sites
Iceland’s government has published a draft bill that would impose a new fee to visit three of the country’s most
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Blog: South Korea bets on the Arctic to boost its biggest port
Busan is turning to the Arctic to strengthen its position as a global maritime hub. From trialing polar shipping routes
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Increased gas subsidy for Nunavik Inuit beneficiaries comes into effect Oct. 1
Inuit beneficiaries of the James Bay and Northern Québec Agreement will see an increased gas subsidy as of Oct. 1
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As Arctic sea ice reaches this year’s low, shipping reaches historic high
Shipping along the Russian Arctic coast is bustling as the Arctic sea ice begins to freeze again. This year’s minimum
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Russia adapts fertilizer, coal terminals in Baltic, Arctic ports to export Black Sea grain
By Gleb Stolyarov and Olga Popova Russian companies have been re-purposing fertilizer, coal, and other cargo terminals at Russia’s Baltic
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Alaska port gets 1st funds from Yukon mine to study options for shipping critical minerals
By Dana Hatherly An Alaska port is getting its first swap of money from a Yukon mine to study options
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North Nunavut pitches major infrastructure projects at Canada’s Investment Summit
By Bianca McKeown ‘It’s the first of its kind and we’re really happy to be here,’ Nunavut Premier said Inuit
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Pause on N.W.T.’s Tibbitt to Contwoyto road a shock for truckers but hunter hopes it’ll help caribou
As mines wind down, owners agreed there wouldn’t be a need for the road this winter Scott Yuill remembers his
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N.W.T., Yukon mining and energy projects get boost at Canada Investment Summit
By Niles Niemuth N.W.T. premier says his territory ‘has the critical minerals Canada and its allies need’ Mining and energy
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N.W.T residents feeling strain of rising home heating oil costs
By Tamara Merritt Some Norman Wells residents don’t know how they’ll cover their heating bill this winter As winter quickly
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Tariff relief out of reach for impacted Whitehorse businesses, lobby group says
By Dana Hatherly Whitehorse Chamber of Commerce says federal rules sideline smaller enterprises A Whitehorse business lobby group is concerned
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As gasoline crisis worsens, Russia boosts fuel imports through Murmansk
Over the past month, tankers have delivered more than 320,000 tonnes of foreign-made fuel to the northern Russian port of
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Manitoba offers to waive sales tax on major Port of Churchill investments
The Manitoba government is offering to waive the provincial sales tax on major capital spending for the Port of Churchill
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