apes 9-28 - COPENHAGEN Danish shipping company Nordic Bulk...

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COPENHAGEN — Danish shipping company Nordic Bulk Carriers said it has saved a third of the cost and nearly half the time in shipping goods to China by taking advantage of receding Arctic ice to sail north of Russia instead of via the Suez Canal. As the climate warms up and ice melts, many shipping companies are eyeing the Northern Sea Route as a way to cut voyage times and costs in the future. "We see great potential in this," Nordic Bulk Carriers Director Christian Bonfils told Reuters. "When we save 22 days on transportation, it is very, very good business for us." The company plans to make four to five such trips next summer, he said. On Aug. 30, its Sanko Odyssey, the world's biggest ice-classed bulk carrier, set out from the Russian port of Murmansk along the Northern Sea Route to arrive in China on Sept. 23 after 23 days at sea, which according to Bonfils is 22 days less than sailing through the Suez Canal. It was the second voyage by a commercial bulk carrier through the icy sea lane. Depending on the particular ports of a route, the distance to China is roughly 30 percent shorter. Another Nordic Bulk Carriers ship made the trip in the summer of 2010. The ship was carrying 70,000 tons of iron ore concentrate and was escorted by a Russian icebreaker through the Arctic. It arrived at the Chinese port of Jingtang. "It is a good alternative to the Suez — especially for goods leaving countries like Norway, Finland, northern Russia or the Baltic countries," said Bonfils. Even if the Arctic summer route does become a feasible alternative, however, it is unlikely to get
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This note was uploaded on 12/08/2011 for the course ENVIRONMEN 101 taught by Professor Chow during the Spring '11 term at Marquette.

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apes 9-28 - COPENHAGEN Danish shipping company Nordic Bulk...

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