Felix Tschudi is This Year’s High North Hero, Donates Award Money On paper, he is a shipowner and chairs the Tschudi Group. In person, he is an engaged citizen and corporate executive with his heart in the High North. Now, Felix Tschudi is also a true High North Hero and announced during his acceptance speech that he will donate the award money of NOK 50,000 (appr. USD 6,000).
Arctic Shipping on the Northern Sea Route in Deep Freeze? Economic factors, such as reduced bunker fuel prices and slowing demand for commodities, are the primary reasons for reduced shipping traffic along Russia’s Northern Sea Route, according to research presented by Arctic shipping experts at Bodø’s High North Dialogue conference. Higher amounts of summer sea ice during 2014 and 2015, on the other hand, only play a minor role. What does this mean for the future prospects of Arctic shipping?