Panchaea

Panchaea (Greek: παγχαΐα) is a vast installation, located in the middle of the Artic Ocean, designed to stem the advance of global warming by eccentric billionaire and proprietor of modern mechanical augmentations Hugh Darrow. Panchaea is a large, deep pit of over 300m in diameter. Panchaea features two docks that accommodate freighters powered by solar Turbosail from XNG Shipping Company and two tall towers surrounded by cranes and pylons with radar protected by radomes.

Trivia
Panchaea is the name of a fictional island, first mentioned by ancient Greek philosopher Euhemerus in the late 4th century BC.