There are five global shifts reshaping the maritime world and the industry has already started innovating in order to meet them. So, what the future of shipping will look like in 2025? Which are the implications for shipowners and crew right now and in the future?
Northern Sea Route
Eduard Toll entered the open water in the Chukchi Sea and voyaging to the Chinese port of Jiangsu Rudong. Eduard Toll is the fourth of 15 Arc7 LNG carriers built for the Yamal LNG project and Teekay’s first of six LNG carrier newbuildings contracted to service the project.
Russian President Putin signed a law giving Rosatom a number of powers in the development of the Northern Sea Route. Namely, Rosatom will be responsible for managing the development and operation of the Northern Sea Route. The law was adopted by the State Duma on December 11, 2018 and approved by the Federation Council on December 21, 2018.
Navigation along the Northern Sea Route could eventually be possible year-round until 2030, as the climate continues warming, the Head of the Russian State Hydrometeorology University Valery Mikheyev told. He explained that according to forecast, by 2030 NSR’s and its shores will not have ice.
Russian natural gas major Novatek announced, through its wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd., that it has shipped its first LNG produced cargo from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC), through the Northern Sea Route, as part of its plans to expand customer base in China.
IB Polaris, a Finnish icebreaker has conducted an oil spill response exercise in the Baltic sea in order to test a new oil recovery system. This in-built oil recovery system enables Polaris to collect 1015 m³ oil with a rate of 200 m³/h in harsh weather and ice conditions. Polaris’ icebreaking capabilities means the vessel can intervene in oil spills in ice infested waters.
Murmansk Shipping Company signed an important contract concerning a five-year transportation of coal along the Northern Sea Route. The contract, about the transit of coal, was signed between Murmansk Shipping Company and Sibanthracite Overseas, a subsidiary of Russian coal company VostokCoal.
Russian shipping company Sovcomflot announced that its large-capacity LNG-fueled LNG tanker ‘Lomonosov Prospect’ successfully completed a commercial voyage along the Northern Sea Route on 30 October 2018, delivering a cargo of petroleum products from the Republic of Korea to Northern Europe.
Cargo shipping in Russia’s Northern Sea Route has increased about five times since 2013, Aleksandr Kalashnikov, the department head at the Northern Sea Route Administration, reported. In fact, a total of 13 million tons of cargo has been transported through the route until October 1.
Damen informed that the MV Tasmanic Winter has nearly concluded its voyage from China to Rotterdam, via the Northern Sea Route, with 24 new vessels on board. Damen chose to ship the vessels through the Northern Sea to reduce delivery times.
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