09 Feb 2016:
Ice-Free Arctic Trade Route
Unlikely For Decades to Come, Study says
Russian tanker making its way through ice.
Despite the impact climate change is having on Arctic sea ice, it will be decades before big cargo ships will be able to take an ice-free shortcut across the Arctic Ocean, according to a new report from the Arctic Institute
. In recent years, countries have been vying for access to possible Arctic shipping lanes in the belief that use of the passage was more imminent and would contribute to shorter travel times and associated cost savings
. But given the Arctic’s short sailing season, continuing treacherous ice conditions, the high costs associated with armoring cargo ships to withstand the ice, as well as low fuel prices, the Institute predicts that such crossings won’t become commercially viable until at least 2040. Until that time, shipping between Europe and Asia will continue to use the Suez Canal. Arctic shipping has decreased in recent years, from 1.3 metric tons in 2013 to 300,000 tons in 2014.
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