Nunavut Eastern Arctic Shipping (NEAS)
Partnership:
Nunavut Umiaq Corporation (Qikiqtaaluk Corp., Makivik Corp., & Sakku Investments Corp.); and
Transport Nanuk (Northwest Company and Logistec Corporation)
Nunavut Eastern Arctic Shipping (NEAS) provides marine transportation services to communities throughout the Arctic.
Nunavut Umiaq Corporation (NUC) was established in 1999 between Sakku Investments Corp. (33.3%), Qikiqtaaluk Corporation (33.3%) and Makivik Corporation (33.3%), the Inuit land claim entity in Nunavik, Quebec.
NUC holds 51% ownership of Nunavut Eastern Arctic Shipping (NEAS) and 50% ownership of Transport Umialarik Inc. (TUI). Transport Nanuk, a venture between two publicly traded companies, Northwest Company and Logistic Corporation, owns the balance of shares.