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Alaska’s location has made it prominent in discussions about the development of Arctic shipping.
Tschudi Shipping is to explore the possibility of establishing a transshipment port in western Alaska, Lt Governor Mead Treadwell said.
Tschudi wants to establish a location to serve as an intermediate or transshipment site for goods and commodities shipped to and from Scandinavia and Europe via its port facilities in Kirkenes, Norway along Russia’s Northern Sea Route and through the Bering Strait bound for Pacific US, Alaska or Far East ports.
Treadwell said the collaboration on a potential Alaska transshipment port location is a direct result of the Dept. of Commerce effort. He said Tschudi joins other European ports in Norway, Iceland, and Germany that have expressed an interest in cooperation with Alaska ports.
More at Sand and Gravel

A major investor is positioning itself to take control of the Australian company trying to build coal export terminals in Oregon and Washington.
A Denver-based private equity firm, Resource Capital Funds, could eventually own as much as 55 percent of Ambre Energy, according to the terms of a deal Ambre shareholders will be asked to approve when they meet this week.
It’s unclear what effect, if any, the change would have on coal export terminals that have stirred region-wide interest. Ambre says it remains well positioned to build the projects in Boardman and Longview, Wash.
More at The Oregonian

Source: Times Union

Source: Left Party