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Annual Reports

2019 - Our Geographical Location Creates Value

Port infrastructure is essential to support the business development of the main pillars on which our society rest - fishery, tourism, raw materials and land-based industries. By utilizing our strategic location in the Arctic, as well as further developing port areas and services, we create value for owners, customers the entire Greenlandic community. In 2019, Sikuki has continued working on several necessary renovation projects, security measures, signage, clean-up and waste management.

The expanded port capacity in Nuuk will play an important role in the future streamlining of new trade opportunities and the supply of Greenland.

We have laid the foundation for increased tourism, space for the raw material industry and other port related activities, and we have continued to work with the trawler companies and their partners ashore to offer better and more efficient conditions for the fishing industry.

We are looking forward to further developing the Port of Nuuk and cooperating with owner, customers and other stakeholders on more port related projects in Greenland.

 

2018 - Ports and Society

Fishing, tourism, raw materials and land-based industries.The Greenlandic economy rests on these four pillars, and politicians and economists agree they are crucial for the country’s development.That strongly emphasizes that good infrastructure - and in particular port infrastructure - is absolutely crucial to the business development we want in Greenlandic society.

Sikuki, and the expanded port capacity in Nuuk, must benefit all of Greenland, and plays an important role in improving the efficiency of Greenland’s supply. But we must also develop in other areas.

In 2018, Sikuki has started a maintenance program that will improve the harbor facilities in Nuuk over a number of years. Sikuki, together with Kommuneqarfik Sermersooq, has also established a new Welcome Center for cruise ships, and better conditions have been established at the Tidal Stairs for the benefit of tourists and others who are going on fjord trips.

We have laid the foundation to provide the necessary space for the extractive industry and others who need storage space, and we have continued the work with the trawler shipping companies and their partners ashore to offer the best and most efficient conditions for the fishing industry.

We are proud of the improvements we have achieved in 2018, but we are far from reaching our goals. We look forward to taking on the task of further development together with our customers, suppliers, owners and other partners.

 

 

 

 

 

 

2017 - New Terminal, New Infrastructure

It is impossible to develop a society without infrastructure. Strong infrastructure is a prerequisite for the business development we all want for our society. With the completion of the port expansion in Nuuk, 2017 was the year in which the construction of one of Greenland’s largest infrastructure projects was completed and began operations. It is an important step in the country’s future development.

The expanded infrastructure will be an advantage for all of Greenland, as we now have a new container terminal that can increase the efficiency of supply to the entire country. At the same time, the total port area in Nuuk is available for a number of new opportunities - within container transport, fisheries, tourism and to other port-related companies.

The objective of Sikuki, as described at the company’s foundation in 2013, is to construct, own, operate and develop port areas in Nuuk. And even though the company has now owned and operated a port in Nuuk for more than a year - since July 1, 2016 - it is quite special that the new container terminal is now in use. It has provided flexibility and space so we can now work with the part of the company’s objective, which is just as important as the construction of the new terminal - to operate and develop all port areas in Nuuk.

We are looking forward to the tasks of developing the port together with our customers, suppliers, owners and other partners.

 

 

 

 

2016 - A Year of Change

On July 1, 2016, Sikuki Nuuk Harbour A/S became an operating company. On that day, the company took over responsibility for the existing port in Nuuk, and is now well on the way to meet the company goals: to construct, own, operate and develop the port areas.

The construction of the new container terminal and associated buildings is delayed, and the contractor could not deliver the project according to the construction contract in November 2016 but will hand over during 2017.

The takeover of the existing port facilities in Nuuk and the introduction of user fees has resulted in changes for the port users.Changes, delays and challenges do not alter the fact that Greenland is well on the way to get a modern port facility, which will have profound impact on the country’s infrastructure and development. These are potentials we look forward to developing together with our customers, suppliers, owners and other partners.

 

 

 

 

2015 - New Opportunities

With the far-sighted decision to found SIKUKI and construct new facilities on Qeqertat and Fyrø (the Admiralty isles) in Nuuk, the infrastructure on Greenland receives a major facility which is adapted for future requirements.

Efficient infrastructure is a prerequisite for growth and a new container terminal in Nuuk has both been on the wish list and on the drawing board for well over 10 years. 2015 is there-fore a landmark year. Legislation, construction contracts and financing are now in place. And not least, construction has started and is progressing well.

In less than a year, Greenland has a new container terminal that can make supply to the whole country more effective. And Nuuk has a unified port area which is designed for future needs.

The new port will be cheaper than previously expected due to its optimized design.

The construction project creates jobs and apprenticeships for Greenland, so the port has a positive impact on society. And it will hopefully be larger in the future.

All over the world ports create development and attract business activities. This will also be the role of Sikuki Nuuk Harbour in the future.

At the top of this effectivization of supply, SIKUKI is ready to support possible development of the fishing industry, tourism and commodities sector, when there is a need for it. But the opportunities do not stop there.

The harbour and the new terminal are unique in their scalability. It is a good investment for the Greenland we know today. With its numerous options for expansion, it is also a long-term investment that can adapt to future growth.

It is - almost - only the imagination that sets limits for the development opportunities. We look back therefore on 2015 as a landmark year, and expect a lot of the future.

 

 

 

 

 

2014

 

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