Royal Arctic
 |
|
| Aktieselskab | |
| Industry | Transport |
| Founded | 1993 |
| Headquarters | Nuuk, Greenland |
|
Area served
|
Greenland |
|
Key people
|
Jens Andersen (CEO) |
| Products | Coastal freight |
| Revenue | DKK 897 million |
| DKK 104 million | |
| DKK 73 million | |
|
Number of employees
|
787 |
| Subsidiaries |
Royal Arctic Bygdeservice A/S Royal Arctic Logistics A/S Arctic Base Supply A/S (50%) Royal Arctic Tankers A/S (50%) Arctic Umiaq Line A/S (50%) Ejendomsselskabet Suliffik A/S (30.3%) |
| Website | ral.gl |
|
Footnotes / references (2011) |
|
Royal Arctic Line A/S (RAL) or Royal Arctic is a seabourne freight company in Greenland, wholly owned by the Greenland Home Rule Government. It was formed in 1993 and is headquartered in Nuuk.
Royal Arctic Line A/S was spun off as a company separate from the Greenlandic conglomerate KNI in 1993. Like many Greenlandic companies, its operations derive from and carry on the traditions of the earlier Royal Greenland Trading Department.
The company has a monopoly on all sea transport of cargo to, from, and within Greenland. Construction materials account for roughly a quarter of shipping to Greenland; fish makes up roughly half of shipping from Greenland; fish and beverages bottled at Nuuk (principally water and beer) account for most shipping within Greenland.
Royal Arctic operates cargo routes among the Greenland settlements and between Nuuk and Aalborg in Denmark and manages 13 harbors in Greenland as well as the Greenlandic base harbour in Aalborg, which serves as the source for all European shipping to the island. Seabourne traffic from North America goes to Reykjavík aboard Eimskip, whence it is carried to Greenland aboard Royal Arctic.
In 2011, government concessions accounted for 76% of the company's income. The Transport Committee newly formed by Greenland Home Rule issued a report stating that liberalisation of the shipping market offers no benefits and the current concession is reasonable. It also began planning with RAL and stakeholders to expand the harbors in Nuuk and Sisimiut.
Royal Arctic Linietrafik operates the company's fleet, currently consisting of ten ships – six container ships and four "settlement ships" – with five more under construction.
The three largest ships – the Naja Arctica (782 TEU), Nuka Arctica (782 TEU), and Mary Arctica (588 TEU) – are principally used for the Aalborg route. The Irena Arctica (424 TEU), Arina Arctica (283 TEU), and Pajuttaat are used within Greenland and have equipment for unloading in cities without harbors. All these container ships are double-hauled and built with high freeboards and the highest ice ratings: the Mary Arctica has even been chartered for Antarctic service. The settlement ships Angaju Ittuk, Anguteq Ittuk, Aqqaluk Ittuk, and Johanna Kristina are all older and smaller (220–320 m³) and used for supplying the smaller ports. In 2011, the ships had an average on-time rate of 72%.
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Wikipedia