Why is the Arctic considered a great shipping route?

Another important factor to consider is that high fuel prices make Arctic shipping more viable, and inversely so for low fuel prices. Finally, the lack of ports along the Arctic routes creates the need for special vessels, adapted to the ice conditions of the Arctic, with experienced crew.

Is the Arctic set to become a main shipping route?

Today, more than 170 years later, a warming Arctic means that the route is increasingly accessible for a few months each summer. And according to some estimates, Arctic ice is retreating to the extent that the Northwest Passage could become an economically viable shipping route.

How long is the Arctic shipping route?

This is the maritime route that is likely to be free of ice first and thus represents the highest commercial potential. It would reduce a maritime journey between East Asia and Western Europe from 21,000 km using the Suez Canal to 12,800 km, cutting transit time by 10-15 days.

Where is the Arctic shipping route?

The Christophe de Margerie tanker in Sabetta, Russia. The melting Arctic will open up new business opportunities, and new environmental risks.

How do shipping routes affect the Arctic?

Global warming has led to the thinning of polar ice, to the point where increasing numbers of ships are using the Arctic shipping routes (mainly the Northwest Passage north of Canada and the Northeast Passage north of Russia that includes the Northern Sea Route) which can cut journey times significantly.

What could become a big problem with Arctic shipping?

The environmental group, based in Washington D. C., United States, argues that increasing vessel traffic is a risky prospect for the Arctic because of polar darkness, far distances to infrastructure and rescue assistance, unpredictable and extreme weather conditions as well as sensitive ecosystems.

How much faster is the Northern Sea Route?

For journeys between Europe and Asia, the Northern Sea Route can already be two to three weeks faster than the Suez Canal. By cutting straight across the Arctic, the Transpolar Passage could save a further two days [1].

Is Northwest Passage open?

Partial Opening of the Northwest Passage The southern route is open, while the northern route still has some lingering ice in Parry Channel.

What is the prospect for Arctic shipping?

The Arctic, despite centuries of speculation, remains one of the world’s last potential shipping frontiers. The maritime potential of the region is alluring as it offers a number of shorter, and potentially more prosperous, trade routes between Europe and Asia.

Why is Arctic Ocean not navigable?

“Even if the Arctic becomes ice free, the Northern sea route will not be an easily navigable route anytime soon. Arctic region which has permanently frozen ice is melting at an increasing rate due to global warming and is expected to be ice free by 2060.

Why is ship life so hard?

For the common sailor, life on board a ship was difficult and physically exhausting. Because a good captain knew that sailors would cause less trouble if they were kept busy, the captain gave lots of orders and kept the men working around the clock.

Are there any shipping routes through the Arctic?

Arctic shipping routes are the maritime paths used by vessels to navigate through parts or the entirety of the Arctic. There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the Transpolar Sea Route.

Why are there no transshipment hubs in the Arctic?

Thus, unlike other long-distance commercial shipping routes, there is limited revenue generation potential for shipping lines along the Arctic route, which forbids the emergence of transshipment hubs. Shipping in the arctic is suitable for point to point services linking directly a source port and a destination port.

Is the Northern Sea Route a shipping route?

One session focused exclusively on the Northern Sea Route, the shipping route along Russia’s north coast that has sat at the center of discussions on Arctic development for the better part of two decades now. Due to Chatham House rules, I can’t quote anyone who spoke in the workshop.

Where does the Arctic Bridge lead to Canada?

The Arctic Bridge is an internal Arctic route linking Russia to Canada, and the Northern Sea Route (NSR) trails the Russian coast from the Bering Strait to the East, to the Kara Sea to the West.