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Arctic North Sea Passage not yet an alternative to Suez
Some commentators had noted that the recent increase in risks to the Suez Canal might make other trade routes such as the Arctic North Sea Passage more viable. However, with only 296 polar transit permissions granted by the Russian government as of July 2013, with only 55 (18%) applying for the entirety of the passage, and with only 3-5 Russian icebreakers being available for escort, this is massively premature.
Read Full Article: http://www.ajot.com/news/arctic-north-sea-passage-not-yet-an-alternative-to-suez
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