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Arctic shipping to conserve energy.

How to save energy through both societal and individual actions.

Re: Arctic shipping to conserve energy.

Unread postby dissident » Mon 03 Aug 2020, 11:16:01

sparky wrote:.

a lot of the arctic shipping is from Yamal to Murmansk
as of today there is very few trans arctic passage for commercial vessels


There is no point for such traffic. Connecting Europe and the New World can be done through the North Atlantic with no loss due to detours. Arctic shipping is all about offering a shorter route from east Asia to Europe. This will leave the Suez underused and critically for the USA without the ability to coerce China and others with blockage blackmail.
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Re: Arctic shipping to conserve energy.

Unread postby sparky » Mon 03 Aug 2020, 18:44:00

.
Yep , that's about the size of it
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Re: Arctic shipping to conserve energy.

Unread postby vtsnowedin » Mon 03 Aug 2020, 18:57:37

Well we will see if cargo ships exiting Rotterdam bound for China or Japan choose to turn right instead of left to save time and fuel. If some do and make money at it then it might become a trend but there would need to be several profitable voyages using the Northern route to convince those with experienced and reliable routes through the Suez canal to make the change. Of course China developing a fossil fuel delivery route totally outside of US jurisdiction is in their military best interest but there cost is much less of a factor.
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Re: Arctic shipping to conserve energy.

Unread postby Newfie » Mon 03 Aug 2020, 20:42:09

About shipping in general, not arctic.

With the slow economy many ships are layed up. And many are headed to the breakers. The latest is a 10 year old Panamax vessel. Still lots of life left but no market.

Maybe this should be in the stock market crash thread.

https://gcaptain.com/10-year-old-panama ... for-scrap/
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Re: Arctic shipping to conserve energy.

Unread postby sparky » Tue 04 Aug 2020, 19:29:49

.
ship cargo got their index the "Baltic dry index" it's used to gage the state of the world trading

https://tradingeconomics.com/commodity/baltic
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