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Arctic shipping route offers faster but niche alternative to Europe: Analyst

05:45 Min

Simon Heaney, Senior Manager for Container Research at Drewry, tells CNA that the Arctic shipping route could halve journey times between Asia and Europe, but is likely to remain a niche option for high-value cargo due to higher costs, limited capacity and operational risks.

Simon Heaney, Senior Manager for Container Research at Drewry, tells CNA that the Arctic shipping route could halve journey times between Asia and Europe, but is likely to remain a niche option for high-value cargo due to higher costs, limited capacity and operational risks.

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