AskWaves looks at GAO’s warning that the U.S. needs to step up capabilities and oversight in the Arctic region as emerging shipping routes gain steam.
Purchase of Canadian port operations part of global strategy “to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain to accelerate trade.”
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
Container ship firm plans pledge to coincide with upcoming G7 summit in France.
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.
U.S. lawmakers weigh Arctic “St. Lawrence Seaway”
U.S. unveils new strategy in response to increasing investments by Russia and China.
New icebreaking LNG carriers are sailing directly from Russia to China through the Northern Sea Route, creating a faster, cheaper connection between some of the world’s largest gas fields and the world’s largest gas consumers.
