By Jonathan Saul LONDON, Aug 28 (Reuters) - As melting sea ice opens the Arctic to navigation, more ships are plying the loosely regulated polar waters, bringing increasing amounts of climate-warming pollution, a Reuters analysis of new shipping and fuel-consumption data shows. Traffic through the icy region's busiest lane along the Siberian coast increased 58% between 2016 … [Read more...]
Arctic Sea Ice Shrank to Record Lows in July
By Laura Millan Lombrana (Bloomberg) --Ice covering the Arctic Ocean reached the lowest level since at least 1979 for July as temperatures spiked in the region, leaving large stretches of Russia’s Siberian coast mostly ice-free. Sea ice extent in the Arctic last month was 27% below the average set between 1981 and 2020, the lowest level ever recorded, with the previous July … [Read more...]
Novatek Ships LNG to Japan Via Northern Sea Route
July 24 (Reuters) - Russia's Novatek announced on Friday it has shipped its first liquefied natural gas (LNG) cargo from the Yamal LNG project to Japan via the Northern Sea route. The cargo was delivered by the LNG tanker "Vladimir Rusanov" under a spot contract and unloaded at the Ohgishima LNG Terminal in Japan. It is the company's first successful experience of … [Read more...]
Russia Willing to Pay to Lure Shippers to the Arctic
(Bloomberg) --Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen. President Vladimir Putin has made development of the Arctic one of Russia’s top long-term priorities and huge projects to export liquefied natural gas via the Northern Sea Route have already lured … [Read more...]
MSC Rules Out Using the Northern Sea Route
MSC Mediterranean Shipping Company is joining a growing list of carriers that have pledged not to use the Northern Sea Route for shipping between Europe and Asia. MSC said in a statement Thursday that its decision is based on environmental concerns, adding that it will instead focus on improving environmental performance on existing global trade routes. “As a responsible … [Read more...]