World’s Largest Container Shipping Company MSC Again Rules Out Arctic Shipping, As Chinese Companies Push Ahead The same week a Chinese container ship is attempting to make a record-setting Northern Sea Route transit from China to the UK in 18 days, European operator MSC reaffirmed its commitment to not ship via the Arctic. The company cited environmental concerns and lack of infrastructure as key reasons.
Chinese Container Ship Transits Arctic, More Oil Tankers and Massive Bulk Carrier Also En Route Shipping in Russia’s Arctic continues to reach new levels of activity. Last week the Northern Sea Route saw a container ship similar in size to theVenta Maerskduring its historic voyage in 2018. In addition, the largest-ever vessel to transit the Arctic, a massive Capesize bulk carrier, is en route from Russia to China as are two more Aframax oil tankers. Meanwhile a Chinese general cargo vessel is traveling in the opposite direction.
Rosatom To Invest $7bn in Arctic Shipping to Compete with Suez Canal Russia’s Rosatom Group plans to spend $7 billion to become one of the world’s largest container shipping operators. The company aims to offer container liner service along the Arctic’s Northern Sea Route (NSR), a shortcut between Asia and Europe, competing with the Suez Canal.
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.
Shipping Company Maersk to Return to Arctic Northern Sea Route This Summer Danish shipping operator Maersk is exploring the possibility of sending cargo along Russia's Northern Sea Route this summer. It is currently discussing a cooperation with Atomflot, the country's primary operator of icebreakers.
IMO Inches Forward With Ban on Heavy Fuel Oil in Arctic The International Maritime Organization (IMO) continued its efforts to adopt a ban of Heavy Fuel Oil (HFO) in the Arctic by 2021 during a meeting in London. Environmental advocates laud the work, but urge Russia and Canada, the only two Arctic states yet to commit to the ban, to sign on to the initiative.
Russia’s Northern Sea Route Sees Record Cargo Volume in 2018 Russia’s Northern Sea Route saw another record-setting year in 2018 as 18 million tons of cargo traveled along the country’s Arctic coastline. This compares to just 3.9 million tons five years ago in 2013 and also represents an 80 percent increase over 2017.
Maersk Releases Stunning Arctic Images from Northern Sea Route Voyage Danish shipping company Maersk released a series of images and videos chronicling the successful Arctic voyage of its container ship Venta Maersk, the first vessel of its kind to sail along Russia’s Northern Sea Route.
Maersk Releases Stunning Arctic Images from Northern Sea Route Voyage Danish shipping company Maersk released a series of images and videos chronicling the successful Arctic voyage of its container ship Venta Maersk, the first vessel of its kind to sail along Russia’s Northern Sea Route.
Maersk Releases Stunning Arctic Images from Northern Sea Route Voyage Danish shipping company Maersk released a series of images and videos chronicling the successful Arctic voyage of its container ship Venta Maersk, the first vessel of its kind to sail along Russia’s Northern Sea Route.
Maersk Container Ship Transits Arctic Ocean With Icebreaker Escort Danish shipping giant Maersk is about to complete the first-ever transit of the Arctic Ocean by a container ship. The Venta Maersk traveled through ice-covered waters with the help of a nuclear icebreaker and is expected in Europe within a week.
Maersk Container Ship Embarks on Historic Arctic Transit Danish company Maersk becomes latest major shipping operator to dip its toes in Arctic waters as it sends 3,600 TEU container ship along Russia’s Northern Sea Route.
Maersk Considers Sending Container Ship Through Arctic, But Questions Remain Maersk confirms that the company considers Arctic passage as an option for its new 3,600 container ice-class vessels, which will operate in the North and Baltic Seas. The company is currently conducting a study on its feasibility with results expected for summer 2018
