Stranded Cruise Ship Shows Risks of More Traffic in Hard-to-Reach Arctic Waters September 14, 2023 By Danielle Bochove and Ragnhildur Sigurdardottir The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the...
Russia’s Arctic Shipping Dream Stumbles on Small Aging Fleet June 28, 2023 By Bloomberg News Russia will struggle to meet its strategic goal of more than quadrupling Arctic sea shipments by the end of the...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters October 27, 2020 By Jonathan Saul When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double...
Russia Aims to Boost Arctic Shipping by Subsidizing Higher Costs, Including Insurance October 21, 2019 By Olga Tanas and Dina Khrennikova Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to...
As Arctic Ice Melts, New Energy Shipping Trade Route Opens August 30, 2018 By Jeremy Hodges, Anna Shiryaevskaya and Dina Khrennikova A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest...
Arctic Winter Ice Covers 2nd Smallest Area on Record, Opening Region to Shipping March 28, 2018 By Alister Doyle and Timothy Gardner Winter sea ice on the Arctic Ocean covered the second smallest area on record this year, part of a thaw...
Thawing Arctic Ice Creates New Environmental Risks as Shipping Routes Open February 25, 2016 By Jonathan Saul and Nina Chestney The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel...
Arctic Ship Route May be Safer with Anglo-Russian Radio Waves November 7, 2013 By Jonathan Saul The perils of the new Arctic shipping route, warmed by climate change, may diminish with a British-Russian radio navigation initiative,...
Icebergs, Insurance Hamper Top of the World Shipping Route October 16, 2013 By Jonathan Saul The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes...