1. Greenland / Iceland New Opportunities Conference
Nuuk, September 5th, 2017

2. Royal Arctic Line 100% owned by the Government of Greenland
About 700 employees in GL, DK and onboard vessels
Cargo transportation, port operation, warehousing
Passenger transportation (Arctic Umiaq Line 100% owned)

3. A lifeline to and from Greenland

4. No Port, No Quay, No Problem

5. We sail through ice all year round

6. Greenland against all odds
Remote / isolated country
Small population
Fragmented population
Ineffective domestic mobility
Low education levels
Challenging environment
Few sources of income

7. The world is connected through a global network
Standardized point to point global transportation solutions with lots of connectivity

8. However, Greenland is notDK
Closed system with re-stuffing and limited connectivity

9. The trade lane has remained the same for 243 years

10. Isolation
Picture courtesy of “hurtigruten.com”

11. The world gets more integrated and smaller through digitalization

12. Greenland has a new port

13. Greenland is not alone in the North Atlantic

14. Regional / West Nordic collaboration & trade
Same underlying conditions
Geographic isolation
Volatile asset and people utilization in major industries
Reliance on effective transport solutions

15. Reliance on effective transport
Fixed sailings, weekly connections
High Reliability
High capacity and high scalability
Cost effective assets and operations
Standardised transportation (containers)
Strong connectivity

16. What we do about it
North America
Europe
Africa
Middle East / Asia

17. The Opportunities for Iceland & Greenland
Development projects
Construction
Airports / hotel infrastructure / accommodation
Fish Factories / processing / cold storages
Hydro power
Mineral processing
Import / exports
Regular trade (import / export)
Project equipment (124 mt single crane lifting capacity into Nuuk)
Mining support
Services
Construction / Engineering
Tourism support
Tourism
Tourism services & infrastructure

18. Preparation and Barriers
Investments in Assets & Infrastructure
Legislation to support the necessary initiatives
Promotion of opportunities
The desire to do it!

19. Almost there…

20. Collaboration also means Becoming stronger together
Standing on each others shoulders
Sharing investments and operational costs
Improved connectivity to the whole world

21. Changing the odds at the Casino
Remote / isolated country
Small population
Fragmented population
Ineffective domestic mobility
Low education levels
Challenging environment
Few sources of income

22. Changing the odds at the Casino
Remote / isolated country
Small population
Fragmented population
Ineffective domestic mobility
Low education levels
Challenging environment
Few sources of income
Growth & Focus

23. Changing the odds at the Casino
Remote / isolated country
Small population
Fragmented population
Ineffective domestic mobility
Low education levels
Challenging environment
Few sources of income
We make it easy
to do business
with Greenland