Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030, experts said on Wednesday. With …
The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well be straight across the Arctic, where a warming climate is expected to open new sea routes through what is now impenetrable ice, a …
Vast uncertainty remains over the causes of melting Arctic sea ice and when it may disappear altogether during the summer, which would have consequences for oil explorers, shipping firms and the fight against climate change. The answer will depend on …
Tanker transport of Russian Arctic gas through the Bering Strait to Asian buyers is at least 10 years away because of ageing infrastructure, vessel shortages and growing disputes over waterway rights. Thawing sea ice caused by global warming has attracted …
The fact that Arctic sea ice has melted this year to its lowest recorded level shows, along with other weather extremes, that “climate change is taking place before our eyes,” the World Meteorological Organization (WMO) said on Wednesday. The first …
Sign up to receive insurance news alerts!
