Aalto University, together with three other universities, has received significant funding for an international Research Center of Excellence for Arctic Technology from Lloyd’s Register Foundation (LRF). After an extensive international tendering process for fundamental research projects, LRF has established a Research Center of Excellence in Arctic Shipping and Operations. The Center will be headed by Aalto University. Also taking part are Helsinki University, the Norwegian University of Science and Technology NTNU (Trondheim) and Memorial University of Newfoundland (St. John's, Canada).