Transportation

Transportation

Maersk plans test Arctic voyage

Maersk, the international shipping giant, is conducting a test run of a freighter through Russia’s Northern Sea Route in the Arctic. Its vessel is to transit the Bering Straits about Sept. 1 en route to Europe. Maersk said it is an experiment but still significant as an indication of interest. What is also motivating the company is that Cosco, the Chinese shipping giant and a major competitor, has been using the Northern Sea Route for some time. Although the route from Asia to Europe is shorter via the Arctic there are still major concerns for major shippers like Maersk, mainly weather and ice problems that could cause delays.

Comments are closed.