Two German ships have successfully navigated their way through the fabled Northeast Passage on the first commercial journey by a western shipping company on the Northern Sea Route along Russia’s Arctic-facing northern shore — a new cost-cutting passageway from Asia to Europe made possible by climate change.
Two German ships set off on Friday on the first commercial journey from Asia to western Europe via the Arctic through the fabled Northeast Passage – a trip made possible by climate change. Niels Stolberg, president and CEO of Bremen-based Beluga Shipping, said the Northern Sea Route will cut thousands of nautical miles off the ships’ journey from South Korea to the Netherlands, reducing fuel consumption and emissions of greenhouse gas. I had the chance to ask Stolberg a few questions about the Arctic expedition:
Maybe not — but more and more environmental economists are arguing that you should.