Potential Financial and Environmental Outcomes of the Northern Sea Route
This bachelor's thesis focuses on providing an overview of the current state of logistics in the Northern Sea Route and analyzing its commercial viability in the future. In addition, it explores the potential environmental and sustainability risks that the Arctic region might face due to increa...
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fttheseus:oai:www.theseus.fi:10024/808570 2024-01-07T09:41:29+01:00 Potential Financial and Environmental Outcomes of the Northern Sea Route Ryzhov, Andrei 2023 http://www.theseus.fi/handle/10024/808570 eng eng Kuori Oy http://www.theseus.fi/handle/10024/808570 URN:NBN:fi:amk-2023102628020 fi=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.|sv=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.|en=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.| Supply Chain Management fi=Liiketalous hallinto ja markkinointi|sv=Företagsekonomi förvaltning och marknadsföring|en=Business Management Administration and Marketing| sea routes arctic region logistics supply chains sea transport shipping Nordic countries Degree Programme in International Business fi=AMK-opinnäytetyö|sv=YH-examensarbete|en=Bachelor's thesis| 2023 fttheseus 2023-12-14T00:26:55Z This bachelor's thesis focuses on providing an overview of the current state of logistics in the Northern Sea Route and analyzing its commercial viability in the future. In addition, it explores the potential environmental and sustainability risks that the Arctic region might face due to increased shipping activity in the area. The study was begun with a theoretical framework that draws upon peer-reviewed, high-quality academic literature to establish relevant theories, concepts, reports, and models. To guide the research, four investigative questions were formulated. Each investigative question focused on a specific goal: review the current state of the Northern Sea Route, explore its potential financial benefits, reveal its environmental risks, and reflect on the findings in the scope of the Nordic countries. This demarcation allowed the author to concentrate on the critical topics and discussion points, including evaluating supply chain risks, exploring the international aspect of the Northern Sea Route, and predicting future cargo vessel deployment on it. Qualitative research for this thesis involved conducting three interviews with logistics managers and experts, focusing on the feasibility of the North Sea Route supply chain. Combined with theory-based investigation, this approach allowed for a more in-depth exploration and elaboration of the research question and overall topic. The findings indicate that, while highly lucrative due to its time and distance-saving benefits, the Northern Sea Route cannot compete with conventional sea trading corridors. However, the research suggests that there is still considerable potential for developing safe and predictable shipping through further research and investment. Creating a mixed model of Asia-Europe logistics for high-value and urgent cargo is a promising area to explore. In conclusion, this thesis highlights the need for further research and development to ensure the safe and sustainable expansion of shipping activity in the Arctic region. It provides a ... Bachelor Thesis Arctic Northern Sea Route Theseus.fi (Open Repository of the Universities of Applied Sciences) Arctic |
institution |
Open Polar |
collection |
Theseus.fi (Open Repository of the Universities of Applied Sciences) |
op_collection_id |
fttheseus |
language |
English |
topic |
Supply Chain Management fi=Liiketalous hallinto ja markkinointi|sv=Företagsekonomi förvaltning och marknadsföring|en=Business Management Administration and Marketing| sea routes arctic region logistics supply chains sea transport shipping Nordic countries Degree Programme in International Business |
spellingShingle |
Supply Chain Management fi=Liiketalous hallinto ja markkinointi|sv=Företagsekonomi förvaltning och marknadsföring|en=Business Management Administration and Marketing| sea routes arctic region logistics supply chains sea transport shipping Nordic countries Degree Programme in International Business Ryzhov, Andrei Potential Financial and Environmental Outcomes of the Northern Sea Route |
topic_facet |
Supply Chain Management fi=Liiketalous hallinto ja markkinointi|sv=Företagsekonomi förvaltning och marknadsföring|en=Business Management Administration and Marketing| sea routes arctic region logistics supply chains sea transport shipping Nordic countries Degree Programme in International Business |
description |
This bachelor's thesis focuses on providing an overview of the current state of logistics in the Northern Sea Route and analyzing its commercial viability in the future. In addition, it explores the potential environmental and sustainability risks that the Arctic region might face due to increased shipping activity in the area. The study was begun with a theoretical framework that draws upon peer-reviewed, high-quality academic literature to establish relevant theories, concepts, reports, and models. To guide the research, four investigative questions were formulated. Each investigative question focused on a specific goal: review the current state of the Northern Sea Route, explore its potential financial benefits, reveal its environmental risks, and reflect on the findings in the scope of the Nordic countries. This demarcation allowed the author to concentrate on the critical topics and discussion points, including evaluating supply chain risks, exploring the international aspect of the Northern Sea Route, and predicting future cargo vessel deployment on it. Qualitative research for this thesis involved conducting three interviews with logistics managers and experts, focusing on the feasibility of the North Sea Route supply chain. Combined with theory-based investigation, this approach allowed for a more in-depth exploration and elaboration of the research question and overall topic. The findings indicate that, while highly lucrative due to its time and distance-saving benefits, the Northern Sea Route cannot compete with conventional sea trading corridors. However, the research suggests that there is still considerable potential for developing safe and predictable shipping through further research and investment. Creating a mixed model of Asia-Europe logistics for high-value and urgent cargo is a promising area to explore. In conclusion, this thesis highlights the need for further research and development to ensure the safe and sustainable expansion of shipping activity in the Arctic region. It provides a ... |
format |
Bachelor Thesis |
author |
Ryzhov, Andrei |
author_facet |
Ryzhov, Andrei |
author_sort |
Ryzhov, Andrei |
title |
Potential Financial and Environmental Outcomes of the Northern Sea Route |
title_short |
Potential Financial and Environmental Outcomes of the Northern Sea Route |
title_full |
Potential Financial and Environmental Outcomes of the Northern Sea Route |
title_fullStr |
Potential Financial and Environmental Outcomes of the Northern Sea Route |
title_full_unstemmed |
Potential Financial and Environmental Outcomes of the Northern Sea Route |
title_sort |
potential financial and environmental outcomes of the northern sea route |
publishDate |
2023 |
url |
http://www.theseus.fi/handle/10024/808570 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic Northern Sea Route |
genre_facet |
Arctic Northern Sea Route |
op_relation |
Kuori Oy http://www.theseus.fi/handle/10024/808570 URN:NBN:fi:amk-2023102628020 |
op_rights |
fi=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.|sv=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.|en=All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.| |
_version_ |
1787422280943403008 |