Kings Bay (company)
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Credit: Sigvald Moa
Kings Bay AS is a government enterprise owned by the Norwegian Ministry of Trade and Industry that operates the entire settlement of Ny-Ålesund on Svalbard. The settlement, the most northerly civilian settlement in the world, serves research staff. The company provides the necessary infrastructure, such as transport (including the airport Ny-Ålesund Airport, Hamnerabben), real estate, power and water supply, catering and other facilities. The company is also responsible for administering Bjørnøen AS, a government enterprise that owns the entire island of Bjørnøya. In the summer the company also handles cruise ships that arrive at Ny-Ålesund.[1][2]
Ny-Ålesund has been the starting point for many famous polar expeditions, including Roald Amundsen’s and Umberto Nobile’s journey to the North Pole.[3]
The company was founded in 1916 as Kings Bay Kull Company with the intention of operating a coal mine. It was later nationalized, and in 1962 the mine closed in the context of a political crisis in Norway known as the Kings Bay Affair (Kings Bay-saken). A research facility was subsequently set up in at Ny-Ålesund, to be run by the company.[4] From 1964 to 1974, through an agreement with the European Space Research Organisation (ESRO), the island housed a Norwegian satellite telemetry station. Kings Bay resumed primary responsibility for facilities operations in 1974. In the 1990s, research activities expanded in Ny-Ålesund. In 1998 Kings Bay Kull Compani AS changed its name to Kings Bay AS, removing the final reference to coal. Ny-Ålesund has been the starting point for many famous polar expeditions, including Roald Amundsen’s and Umberto Nobile’s journey to the North Pole.[3]
References
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- Electric power companies of Norway
- Airport operators
- Government-owned companies of Norway
- Companies based in Svalbard
- Non-renewable resource companies established in 1916
- Coal companies of Norway
- Mining in Svalbard
- Ny-Ålesund
- Non-renewable resource companies disestablished in 1962
- Research institutes established in 1964
- Public utilities established in 1964
- Norwegian companies established in 1916