International Collaboration required to develop Arctic shipping. 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

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1 International Collaboration required to develop Arctic shipping 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

2 Contents 1) Arctic Economic Council 2) Finland in the Arctic Economic Council 3) Team Arctic Finland enabling Arctic development 4) Arctia as an international Arctic Shipping enable Practical examples 5) Arctic 100 Research Expedition 6) Conclusions Tero Vauraste, Vice Chair AEC

3 Arctic Economic Council Inaugural meeting on September 2-3, 2014 in Iqaluit, Canada Purpose: to facilitate Arctic business-to-business activities and responsible economic development 8 Arctic States + 6 Indigenous organizations 4 Member Executive Committee Governance Committee Secretariat in Tromsø, Norway ACTIVE WORKING GROUPS: Infrastructure Maritime transportation Telecommunications and IT Aviation Energy (Responsible Resource Development) Arctic Stewardship kuvalähde: AEC Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

4 Arctic Economic Council OVERARCHING THEMES BUSINESS AREAS 1) Establishing strong market connections between Arctic states, 2) Encouraging public-private partnerships for infrastructure investments, 3) Creating stable and predictable regulatory frameworks, 4) Facilitating knowledge and data exchange between industry and academia, 5) Traditional indigenous knowledge, stewardship and a focus on small businesses a) Infrastructure and related matters including: maritime transportation communications and IT aviation b) Energy, including oil, gas and renewable sources, c) Mining, d) Tourism, e) Fishing, f) Human resources investments and capacity building Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

5 Finland in the Arctic Economic Council Tero Vauraste, Arctia Rauno Posio, Visit Arctic Europe Ingmar Haga, Agnico Eagle Working Groups Back-up teams kuvalähde: Arctic Corridor Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

6 Finnish Initiatives for / Finnish AEC back-up themes Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

7 Team Arctic Finland since 2013 In 2013, a group of 15 companies came together to analyze business opportunities, share business intelligence and discuss challenges. A market study and estimation of operating environment were done. Having accepted that cooperation would be the best way to proceed, in the consortium developed concrete business concepts to package knowhow and help organizations enter the market together under the Team Arctic Finland brand. The business concepts were piloted, and promotion materials were produced. During Team Arctic Finland has presented itself to potential clients with the aim to create concrete sales leads. Team Arctic Finland members have also gained valuable business intelligence. Team Arctic Finland has also been an important forum for information exchange. Team Arctic will continue for WHO WE ARE Team Arctic Finland Leading organisations Total Concept Approach for addressing customer needs Team Arctic is coordinated by in cooperation with 1. Marine logistics, fleet and special vessels 2. Offshore systems and solutions 3. Industrial port infrastructure and facilities 3

8 Arctia s fleet Voima (1954) Urho (1975) Sisu (1976) Conventional icebreakers Otso (1986) Converted polar icebreaker Kontio (1987) Oil recovery icebreaker Ahto (2014) Harbour icebreaker Fennica (1993) Nordica (1994) Multipurpose and research icebreakers 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

9 POLARIS LNG & diesel the most environmentally friendly icebreaker in the world Design lifetime: 50 years Icebreaking capacity optimized to hardest Baltic conditions Rudder propulsors (ABB): 2 x 6500 kw + 1 x 6000 kw Operating crew: 16 Delivery: Q2 / July 2016 Eero Hokkanen, Arctia Ltd.

10 State agreement between Finland and Russia on icebreaking Confirmed by the Duma and the parliament of Finland Enables collaboration between Rosmorport and Arctia in the Gulf of Finland traffic Enables the use of Arctia s icebreakers to assist in St petersburg traffic Discussions about practical issues undergoing Target to be operative for next icebreaking season karttakauppa.fi 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

11 Fennica and Nordica on the Northern Sea Route 2012 and Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

12 Fennica and Nordica on the Northwest Passage 2015 Record-late / November 2015 Record-quick / 9 days transit Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

13 Arctic 100 Expedition in summer 2017 Research in the Arctic essential for the study of climate change and many other challenges facing us today Yet many institutes around the world with research interests in the Arctic do not have reasonable logistical means to access the area Arctia Group offers its fleet and expertise for the international research community in the summer of 2017 Based on the research interests of parties interested and funded by the parties themselves Asian participation welcomed In collaboration with: 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

14 Tentative operational area TBD with investing partners 1) Around Svalbard Route 1 heading to North Pole, 14 or 28 days Route 2 heading to North of Greenland, 14 or 28 days Tentative schedule: Departure from Longerbyen on July 15th Arrival back to Longerbyen July 28th (14 days) Crew changes in Longerbyen 2) Other options available 5 July 2016 President & CEO Tero Vauraste Arctia Ltd.

15 Conclusions 1) International collaboration is essential in developing the Arctic Shipping 2) Arctic Economic Council supports sustainable maritime developments 3) Arctia is Your Arctic Shipping enabler and partner 4) Arctic 100 Research Expedition supports Arctic research Tero Vauraste President & CEO Arctia

16 KIITOS! THANK Eero Hokkanen, Arctia Oy Luottamuksellinen - Yhteistyökumppanit

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