Tag Archives: Schøyen Halvor

The Final Frontier: The Northern Sea Route

Sought after by polar explorers and long awaited by the shipping community: The Northern Sea Route. Year by year the Arctic summer ice cap is melting  and the race will be soon be on to take part in what is perhaps the last and final adventure in the development of maritime logistics and global shipping lanes. In The Northern Sea Route versus the Suez Canal: cases from bulk shipping, two colleagues of mine, Halvor Schøyen and Svein Bråthen, explore the potential opportunities and possible risks of what is a new shortcut between Europe and Asia. While this additional shipping route may give more flexibility, it is also a highly seasonal and highly uncertain route. Having said that, it is also a route that could be highly profitable.

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