Environmental distater or golden business opportunity. The story of the Arctic adventure hinges on who's narrating it. The NGOs fear the worst for one of the world's most vulnerable regions, while the industry eyes an opportunity for revenue and acces to raw materials that are in heavy demand from, especially, the developing countries.
The NGOs nightmare scenarios has led them to demand that all attempts at extracting raw materials be stopped, and that sailing be limited till after an Arctic code has been passed by the IMO to ensure proper conditions for Arctic sailing. On the other side, the companies forging ahead with a series of new joint ventures between major players from, among others, Russia and China.