Arctic shipping – dream unlikely to come true any time soon
The unpredictability of polar ice today makes the Arctic too big a gamble for large shippers Arctic shipping is an ice dream unlikely to come true any time soon, the head of one of the world's top shipping companies told The Arctic Imperative Summit.It was not exactly what some in the audience wanted to hear.A shrinking polar ice cap and a slow but steady increase in ships trafficking the Arctic Ocean along Russia's Northern Route has fueled a belief that direct shipping from Europe to the Far East could be on the horizon. The U.S. Coast Guard has begun referring to the narrow stretch of the Bering Sea between Wales and Naukan, Russia, as "Alaska's Strait of Gibralatar."That notion was pooh-poohed by Capt. Stephen Carmel, senior vice president for Maersk Line, Limited, the globe's leading mover of containerized freight.Polar ice: Unpredictable and pesky for shipsThe unpredictability of polar ice today makes the Arctic too big a gamble for large shippers, he said, and that doesn't look likely to change. The Maersk Line is a subsidiary of the Danish conglomerate A.P. Moller-Maersk Group, one of the world's 150 largest companies. Carmel himself is based in Norfolk, Va., but his view is ...
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