News on Northern Sea Route.
Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.
MSC now announces that, like competitors Hapag-Lloyd and CMA CGM, it will not use the Northern Sea Route to ship containers between North Europe and Asia. Maersk has previously made a test voyage, but has no immediate plans of sailing on the route.
As ice caps melt due to some of the warmest temperatures ever recorded, a new energy trade route is opening up north of the Arctic Circle. The development alarms NGOs but represents an opportunity to shipping players such as LNG carriers.
Maersk Line pledges, in a response to ShippingWatch, to not use heavy fuel oil on its test voyage in the Arctic. The comment comes after an NGO has voiced concerns about the company's plans to sail on the Northern Sea Route.
Maersk is for the first time dispatching a freighter through the Arctic sea between Asia and Europe – initially as an experiement.
Sovcomflot's huge LNG tanker vessel Christophe de Margerie (photo) has set a new time record for sailing north of Russia in July from the Yamal Peninsula to the Bering Strait without assistance from ice-breakers.
Russia's new protectionist shipping law for the Northern Sea Route is a "regrettable signal to the world," Executive Director Jacob K. Clasen, Danish Shipping, tells ShippingWatch. Read on to learn the shipowners' concerns about the law.
Accompanied by a nuclear icebreaker, Russian tanker carrier Sovcomflot has, in a three-vessel convoy, transited the Northern Sea Route as the first ever to do so this late in the season.
The amount of cargo transported through the Northeast Passage during the ice-free period has plummeted in spite of shipowners being able to trim off thousands of kilometers on journeys from Asia to ports in Europe, according to new data.
One of the pivotal Chinese carriers is presumably ready to increase sailing on the Northern Sea Route, writes the Barents Observer.
Data Engineer - Ultrabulk
Market Research Analyst – Ultragas
