A Study on the Northern Sea Route and its Economic Feasibility

Graduate research paper written by Niki Bouchalis, SUNY Maritime College. Faculty Mentor: Dr. Shmuel Yahalom, GBAT Department. Presentation of graduate research at the Inaugural Student Scholarly Conversations series at the Stephen B. Luce Library, SUNY Maritime College, April 10th, 2017. Future pre...

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Bibliographic Details
Main Author: Bouchalis, Niki
Format: Article in Journal/Newspaper
Language:English
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/20.500.12648/1563
Description
Summary:Graduate research paper written by Niki Bouchalis, SUNY Maritime College. Faculty Mentor: Dr. Shmuel Yahalom, GBAT Department. Presentation of graduate research at the Inaugural Student Scholarly Conversations series at the Stephen B. Luce Library, SUNY Maritime College, April 10th, 2017. Future predictions support that Suez Canal will not be able to compensate the increasing size of ships that are used for trade between Asia and Europe. Relevant studies (Verny & Grigentin, 2009) also indicate that the economic growth of China is moving from the Southeast to the North. Therefore, alternative routes need to be considered in order to minimize transportation costs and satisfy demand of the traded containerized products between Northern Europe and Northern China. One of those alternative routes is considered to be Northern Sea Route (NSR). This research paper, thus, examines the economic feasibility of this route taking into account both the advantages and disadvantages that this route has to offer. SUNY Maritime College