Nikkei: 40 percent savings on arctic routes

The Asian shipping company Nikkei has announced that Japan looks into the possibility of using the Arctic Ocean as a new sea route between Asia and Europe. The route may save the shipping companies as much as 40 percent of costs, World Maritime News reports.

Photo: Hyundai Merchant Marine

Instead of using the traditional route from Asia to Europe through the Suez Canal, Japanese carriers consider sailing through the Arctic Ocean, World Maritime News reports.

According to calculations, the new Arctic route will limit the distance and costs by 40 percent. As an example, ships now sailing from Yokohama in Japan to Rotterdam in Europe – a route of 21,000 kilometres (11340 nautical miles) through both the Malaca Strait and the Suez Canal – will be able to shorten their trips by 13,000 (7000 nautical miles) by sailing through the Arctic Ocean.  According to World Maritime News, this results in a shortening of the time at sea from 31 to 25 days adding CO2 savings to the puzzle.  

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