Report: Arctic Routes to Remain Peripheral, Especially for Boxships
In the past few years, there has been a lot of hype about the growing ship traffic along the Arctic routes. But recent analysis shows that whle Arctic shipping has indeed surged, growth remains uneven. In a new report, credit insurance firm Coface said that the commercial impact of Arctic shipping routes is likely to remain marginal within the next five years. Nevertheless, Arctic routing offer significant benefits for certain commodity flows. With climate change opening up navigation in the...
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