AGP Executive Report
Last update: 6 hours agoChina-Iceland Ties: Foreign ministers met in Beijing as the countries mark 55 years of diplomatic relations. They discussed expanding cooperation in trade, geothermal energy, the green transition, ocean and Arctic affairs. Shipping: Spain’s Boluda Shipping agreed to acquire Icelandic carrier Samskip, aiming to build a broader short-sea network across Europe. The deal is expected to close in January 2027, subject to approvals. Clean Technology: Icelandic startup SideWind has secured patent rights across 38 European countries for a shipboard system combining wind turbines and solar panels to generate electricity aboard cargo vessels. Aviation: Boeing’s 777-9 is in Iceland for performance and crosswind tests at Keflavík. Icelandair plans to deploy A320neos on its Toronto and New York routes from 2027, with six weekly flights to each city. A scheduled China-Iceland passenger service has also begun.
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