Nike and Ocean Conservancy Call On Companies to Join Pledge Against Arctic Shipping American sportswear company Nike has partnered with environmental advocacy group Ocean Conservancy to launch a global campaign against Arctic shipping routes.
Proposed Russian State-Owned Shipping Operator To Subsidize Container Shipping in Arctic While shipments of oil and gas are booming in the Arctic, the Northern Sea Route has seen little interest from global container shipping companies. Now Russia is studying the possibility of a state-run operator, effectively subsidizing container shipping along the route.
Major shipping companies Hapag-Lloyd and MSC Step Away From Arctic Shipping Hapag-Lloyd and MSC are the latest shipping companies saying they will not ship via the Arctic. Companies cite environmental concerns, but experts caution that appearing environmentally friendly may be primary driver. Will more companies, like Maersk and COSCO, have to follow suit in light of growing public concern for climate change and the environment?
CMA CGM Shipping Company Backs Away From Russia’s Northern Sea Route CMA CGM, the world’s fourth largest container shipping company, announced it will not operate in the Arctic due to environmental concerns.
