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Aker Arctic Technology Inc Newsletter March 2014 Arctic Passion News 1 / 2014 / 7 First Arctic LNG fleet page 8 Icebreakers for Oblique ice- Arctic oil com- Sabetta harbour breaker nea- bat icebreaker page 10 ring delivery introduced page 6 page 7 Arctic Passion News No 7 March 2014 In this issue Thanks ! Page 2 Thanks! Time flies – and very fast. It is now ten Page 3 New management years from the moment I was invited by Page 4 The State of Finland acquires the Board of Aker Yards to start putting majority of shares in together a new company for independent AAker rctic business on Arctic marine technologies. Page 5 Next generation icebreaker Later in 2004 we had all the for Finland shareholders, Aker Yards, Wärtsilä, ABB Page 6 Oblique icebreaker proceeding and Aker Kvaerner in place and Aker Page 7 New heavy-duty Arctic Technology Inc was ready to start Oblique icebreaker its operations. Page 8 First Arctic LNG fleet Page 10 Icebreakers for Arctic LNG terminal Since the tiny 12 person staff Page 13 Arctic offshore we have now grown to a construction vessel company with 46 persons and Page 14 Canadian polar icebreaker phase III many ships Arcticcreated Passion by us areNews No. 5 Page 15 Update on IMO processes sailing on the icy oceans, Page 16 Icebreaker Expert including several “double- Page 1 8 8th Passion Seminar acting” shuttle tankers, Page 19 Aker Arctic visitors Now, after the 50 years at work, at the Page 20 Coking coal transportation azimuthing propelled offshore end of February 2014, it is my turn to project support vessels as well as the step aside and give room to the eager Coming events world's first oblique icebreaker. and strong younger generation. Reko-Antti Suojanen has taken the responsibility with his generation's Aker Arctic is today working on all the Announcements talents and skills for bringing Aker Arctic seven seas and with Clients on all the through next decennium's challenges Teemu Ikonen joined continents and the surveys report on towards new successes. AARC as Structural high client satisfaction. Engineer in the ship I would like to thank all the friends, design department. It is now 50 years since I first time partners, clients and competitors in all Teemu graduated entered through a shipyard gate to start parts of the world and in many cultures from Aalto University my career in the Finnish marine industry. for having provided me a rich, interesting in 2013. He majored The five decades have brought ups and and motivating work life in the Arctic in Techical Mechanics downs, and many new technologies marine and offshore business. I sincerely and developed an have been emerging and introduced hope that we at Aker Arctic have been inverse method for ice-induced since then, but we continue the Finnish able to bring added value into Your load determination in his Master's success story. Today we live in a post- operations. thesis. industrial era in Europe. We have returned to a former shipyard area, today Tuomas Romu has as one of the leading global technology Thank You! been appointed providers for the Arctic industries. Project Engineer in the ship design Through our internal “Arctic Horizons” department in competence program we have September after systematically mentored ourselves for Mikko Niini graduating as Naval the inevitable generation shift. Senior Management Adviser Architect from Aalto University School of Engineering. Previously, Tuomas has also been studying Arctic Technology in the University Centre in Svalbard.” Jukka-Pekka Sallinen has been appointed Research Engineer in the testing department. This summer and fall a total of 71 ships Aker Arctic Technology Inc’s newsletter Publisher: He graduated as have tra nsitedthe Northern Sea Route , Aker Arctic Technology Inc Naval Architect from North-East Passage. Merenkulkijankatu 6 00980 Helsinki, Finland Aalto University in Tel. +358 10 670 2000 spring 2013 and Fax +358 10 670 2527 [email protected] his thesis considered brash ice www.akerarctic.fi resistance of Aframax class tankers. Editor in chief : Mikko Niini Texts by: CS Communications Oy Lay-out : Kari Selonen Printed in September 201 by DMP4 2 Arctic Passion News No 7 March 2014 Ole Johansson takes chairmanship and Reko-Antti Suojanen appointed Managing Director for Aker Arctic personnel, together with the After the acquisition of 66,4 % operational know-how of our of the shares by Finnish partners and clients, have Industry Investment Ltd (fully been crucial for this owned by the State of achievement. Finland) Aker Arctic Technology Inc's extra- The year 2013 ended with an ordinary shareholders' ownership change as the meeting appointed the new Finnish Industry Investment Board of Directors for the Inc obtained a majority Company. On January 2014 ownership of Aker Arctic. In my tbhe oard members are Ole opinion, this will further Johansson, Juha Koskela improve our services and (ABB Oy), Antti Kummu into a recognized provider The Way Forward cooperation possibilities with (Finnish Industry Investment), and developer of maritime our customers. Valborg Lundegaard (Aker solutions for the ice covered The past year turned out to be For the last years we have Engineering & Technology and arctic waters. His significant for Aker Arctic. It been experiencing changes in A/S) and Juha Marjosola ambition for maritime th was our 8 year of operation personnel due to generation (Finnish Industry Investment). business and development is with a constant and stable shift. However, this has been Ole Johansson was strong and valuable and we situation in the market. The well prepared over the years nominated Chairman and are looking forward to having increased interest and public by letting next generation take Juha Marjosola Vice- him in an advisory position awareness of the Arctic a more and more active role in Chairman of the Board also in the future” said Ole development has been the work. Mr. Ole Johansson, BSc Johansson. “Reko-Antti steadily growing. This resulted (Econ.) served as the Suojanen has served as in some new openings at the Personally, I have worked at President&CEO of Wärtsilä Research and Development market, as well as increased Aker Arctic right from the Corporation from 2000 to Manager for Aker Arctic and focus on the environmental beginning and enjoyed the 2011. He is the Chairman of has also been leading many issues. arctic challenges. I am excited about the new position as eQ Oyj and member of the major client projects. He has a broad experience in the The activities also increased in Managing Director, to continue Board of Svenska business area and will our home waters. A major step the success of Arctic Handelsbanken AB. together with his Management in our traditional icebreaker development after the great Since Mr. Mikko Niini, Team further continue to lead development was taken, when work by Mr Mikko Niini. reaching soon the age of 68, the operations of the after many years, a new Baltic has made the decision to From now on, we will continue Company in developing class icebreaker was designed retire from the Managing active development of new innovative and attractive for the Finnish Transport Director position the Board of Agency. For us this work gave solutions, and together with solutions for the customers”. you, clients and partners, we Directors appointed Mr. us a possibility to work closely Reko-Antti Suojanen with the local icebreaker will have an interesting and successful future ahead of us. Managing Director. Mikko operators. As a result there is Niini´s employment with the now an extremely modern company continues until the icebreaker under construction, end of February 2014. “Mikko being the first icebreaker in the has done a great job for Aker world which can operate with Reko-Antti Suojanen Arctic, building the Company LNG fuel. Aker Arctic's Managing Director from its foundation in 2004 qualified and innovative Aker Arctic Technology Inc 3 Arctic Passion News No 7 March 2014 TSFhe tate of inland acquires majority of shares in AAker rctic The Finnish Government In recent months the Ministry of including arctic business development, Employment and the Economy has been as well as in terms of security of national owned investment company, studying actively the possibilities for supply issues. In the coming years Aker Finnish Industry Investment securing the Company's know-how and Arctic has a promising growth prospects Ltd, has on December 17th, further development in Finland. The e.g. in connection with opening of the transfer of the Company´s know-how, Northeast Passage. 2013 purchased a 66.4 per such as intellectual property rights, away cent majority stake of the from Finland, would have meant a “The Company's operations will also shares of Aker Arctic serious setback for the entire Finnish strengthen the Finnish marine industry Arctic marine industry's future cluster and its prospects in strong and Technology Oy from STX development. competitive areas of special expertise. Finland Oy. For the preservation of the Finnish arctic “The Government of Finland has a and marine industry related know-how is special interest in contributing to ensure important that the Aker Arctic´s expertise, Aker Arctic is one of the world's leading a secure basis that offers possibilities for as well as i ts long and successful companies in Arctic marine logistics and open stable ownership for Aker Arctic to business relationships on the offshore solutions as well Arctic vessels develop and retain its knowhow. In international market will remain within design. The Company's other addition to Aker Arctic's globally adapted the range of Finnish research and shareholders ABB Oy Finland and commercial applications the Company's development”, Minister Vapaavuori said.