Arctic marine shipping News

Stranded Cruise Ship Shows Risks of More Traffic in Hard-to-Reach Arctic Waters

The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the fast-warming Arctic on a vessel powered by fossil fuels, the main culprit in climate change. But the incident also underscores …

Russia’s Arctic Shipping Dream Stumbles on Small Aging Fleet

Russia will struggle to meet its strategic goal of more than quadrupling Arctic sea shipments by the end of the decade as the nation cannot increase and upgrade its small, aging ice fleet fast enough, according to the Northern Sea …

Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re

Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping and trade routes. The economic …

Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters

When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose concentration and …

Arctic Thaw to Help Russian Ships Navigate New Route to Asia

Russian shipping in the Arctic is benefiting from winds that are driving the oldest and thickest sea ice towards North America, further opening a remote region that is thawing amid global warming, scientists say. The thinning Russian ice could help …

Lower Ice Levels, Rule Changes to Boost Arctic Northern Sea Route

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 …