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Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. Many studies now predict that the thick sheets of ice which prevented ships from passing through in the past will thaw by the year 2030.

article thumbnail

Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. Many studies now predict that the thick sheets of ice which prevented ships from passing through in the past will thaw by the year 2030.