Economic Possibilities of Shipping though Northern Sea Route1
Global warming and climate change haves brought a new issue in the Arctic sea. Therefore, we can now explore new shipping routes through the Arctic Ocean instead of the existing commercial route. In particular, the Northern Sea Route (NSR) is one of the feasible shipping routes and, has provided tre...
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Online Access: | https://doi.org/10.1016/j.ajsl.2014.12.009 https://doaj.org/article/1dab74c2d59c46c6adeed7c44b08940f |
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ftdoajarticles:oai:doaj.org/article:1dab74c2d59c46c6adeed7c44b08940f 2023-05-15T14:39:34+02:00 Economic Possibilities of Shipping though Northern Sea Route1 Sung-Woo Lee Ju-Mi Song 2014-12-01T00:00:00Z https://doi.org/10.1016/j.ajsl.2014.12.009 https://doaj.org/article/1dab74c2d59c46c6adeed7c44b08940f EN eng Elsevier http://www.sciencedirect.com/science/article/pii/S2092521214000601 https://doaj.org/toc/2092-5212 2092-5212 doi:10.1016/j.ajsl.2014.12.009 https://doaj.org/article/1dab74c2d59c46c6adeed7c44b08940f Asian Journal of Shipping and Logistics, Vol 30, Iss 3, Pp 415-430 (2014) Northern Sea Route Arctic Sea O/D Analysis SP Survey Shipment of goods. Delivery of goods HF5761-5780 article 2014 ftdoajarticles https://doi.org/10.1016/j.ajsl.2014.12.009 2022-12-31T13:01:42Z Global warming and climate change haves brought a new issue in the Arctic sea. Therefore, we can now explore new shipping routes through the Arctic Ocean instead of the existing commercial route. In particular, the Northern Sea Route (NSR) is one of the feasible shipping routes and, has provided tremendous shipping benefits. If the NSR becomes commercialized, we will be able to save about 5,000 nautical miles in distance and sailing time. In this study, we will emphasize some of the important results on the possibility of commercializing the shipping route in the Arctic. The NSR may bring positive economic effects in terms of shipping distance and time. For example, when utilizing the NSR, the maximum cargo traffic between Asia and Europe is expected to be around 46 million TEU. However, we also need to consider an expensive passage fee that is currently imposed by Russia. In conclusion, we maintain our efforts to protect the environment in the Arctic, in terms of logistics, and we need to explore every possible avenue to bring possible economic benefits to the North Pacific countries. Article in Journal/Newspaper Arctic Arctic Ocean Climate change Global warming Northern Sea Route Directory of Open Access Journals: DOAJ Articles Arctic Arctic Ocean Pacific The Asian Journal of Shipping and Logistics 30 3 415 430 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
Northern Sea Route Arctic Sea O/D Analysis SP Survey Shipment of goods. Delivery of goods HF5761-5780 |
spellingShingle |
Northern Sea Route Arctic Sea O/D Analysis SP Survey Shipment of goods. Delivery of goods HF5761-5780 Sung-Woo Lee Ju-Mi Song Economic Possibilities of Shipping though Northern Sea Route1 |
topic_facet |
Northern Sea Route Arctic Sea O/D Analysis SP Survey Shipment of goods. Delivery of goods HF5761-5780 |
description |
Global warming and climate change haves brought a new issue in the Arctic sea. Therefore, we can now explore new shipping routes through the Arctic Ocean instead of the existing commercial route. In particular, the Northern Sea Route (NSR) is one of the feasible shipping routes and, has provided tremendous shipping benefits. If the NSR becomes commercialized, we will be able to save about 5,000 nautical miles in distance and sailing time. In this study, we will emphasize some of the important results on the possibility of commercializing the shipping route in the Arctic. The NSR may bring positive economic effects in terms of shipping distance and time. For example, when utilizing the NSR, the maximum cargo traffic between Asia and Europe is expected to be around 46 million TEU. However, we also need to consider an expensive passage fee that is currently imposed by Russia. In conclusion, we maintain our efforts to protect the environment in the Arctic, in terms of logistics, and we need to explore every possible avenue to bring possible economic benefits to the North Pacific countries. |
format |
Article in Journal/Newspaper |
author |
Sung-Woo Lee Ju-Mi Song |
author_facet |
Sung-Woo Lee Ju-Mi Song |
author_sort |
Sung-Woo Lee |
title |
Economic Possibilities of Shipping though Northern Sea Route1 |
title_short |
Economic Possibilities of Shipping though Northern Sea Route1 |
title_full |
Economic Possibilities of Shipping though Northern Sea Route1 |
title_fullStr |
Economic Possibilities of Shipping though Northern Sea Route1 |
title_full_unstemmed |
Economic Possibilities of Shipping though Northern Sea Route1 |
title_sort |
economic possibilities of shipping though northern sea route1 |
publisher |
Elsevier |
publishDate |
2014 |
url |
https://doi.org/10.1016/j.ajsl.2014.12.009 https://doaj.org/article/1dab74c2d59c46c6adeed7c44b08940f |
geographic |
Arctic Arctic Ocean Pacific |
geographic_facet |
Arctic Arctic Ocean Pacific |
genre |
Arctic Arctic Ocean Climate change Global warming Northern Sea Route |
genre_facet |
Arctic Arctic Ocean Climate change Global warming Northern Sea Route |
op_source |
Asian Journal of Shipping and Logistics, Vol 30, Iss 3, Pp 415-430 (2014) |
op_relation |
http://www.sciencedirect.com/science/article/pii/S2092521214000601 https://doaj.org/toc/2092-5212 2092-5212 doi:10.1016/j.ajsl.2014.12.009 https://doaj.org/article/1dab74c2d59c46c6adeed7c44b08940f |
op_doi |
https://doi.org/10.1016/j.ajsl.2014.12.009 |
container_title |
The Asian Journal of Shipping and Logistics |
container_volume |
30 |
container_issue |
3 |
container_start_page |
415 |
op_container_end_page |
430 |
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1766311547617935360 |