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  1. Business - Commodities - LOGISTICS

    Arctic route has little allure for shipping industry

    Posted Oct 16th 2013, 12:00am by Reuters

    ... Reuters in London Global warming has opened northern seaway, but few cargo ships have made the journey Arctic route has little allure for shipping industry The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules mean ...

    http://www.scmp.com/business/commodities/article/1332638/arctic-route-has-little-allure-shipping-industry

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