Look north already. That is the advice given to Danish shipping companies by Carsten Kofoed, leader of The Danish Meteorological Institute’s Maritime Service section. Kofoed is puzzled that the shipping companies are not taking advantage of the routes going north of Russia as a cheaper alternative.
“One of the huge challenges is that the shipping companies do consider the option, but it demands a great deal of planning and proper timing. Yet you do not save money by letting the ships lay still, waiting for the ice to melt. I do not know what it costs to rent the type of icebreaker that the Russians demand, but it costs money to sail through the Suez and Panama Canal as well,” says Carsten Kofoed in an interview with ShippingWatch.