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Watch: The dangers of sailing in the Arctic

In this video the Allianz Global Corporate & Specialty examines the risk impact of commercial shipping activity in Arctic waters. Namely, Captain Rahul Khanna says that the dangers that are risen while sailing in the Arctic can be a reason for companies not to choose this route. Captain Khanna explained that on the major risks with sailing in the Arctic is what happens in case of an incident. If a ship experiences problems in this area, rescue operations would be very difficult to take place.

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Watch: Navigating through the Northern Sea Route

The Arctic is considered as one of the most challenging shipping routes. Being open only a few months, few ships have chosen this route for their voyages, worrying about the extreme weather. However, this seems to be changing, as lately more and more ships actually prefer the Northern Sea Route. Today, there is more traffic in this route, as journey times between Asia and Europe can be reduced by up to two weeks.

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