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Shen Li
Seychelle Cardoza
Zephra Currimbhoy
Xin Wei
Northwest Passage north of Canada and the Northeast Passage north of Russia, including the Northern Sea Route
Today, bypassing the Suez Canal reduces shipping distances from East Asia to western markets by close to 40%, from roughly 23,000 to 14,000 kilometres (14,300 to 8,700 miles). "It would thus decrease shipping lead times by 10 to 32%,"
generally open only in summer unless escorted by icebreakers Shipping companies are increasingly investing in ships that can break through thin ice, but their voyages are typically limited to the summer months
Bering Strait will open for an extended period around 2020,
the Northern Sea Route around 2025.
and the Transpolar Route around 2030,
the Northwest Passage will open last.
severe climate conditions, high costs, scope for poaching and other illegal activities, and lack of developed infrastructure in the northern territories, there are still many obstacles.
no clarity in either of these shipping lanes as to who actually has power over who can pass and what standards they must adhere to in order to do so
Russia
China
touting trans-Arctic shipping routes as a pivotal development
single enterprise to oversee the country’s expanding economic activities
completing a two-year feasibility study for a deepwater port
working on plans to transform Portland into an Arctic hub
The U.S
Iceland
Two-thirds of the world trade that passes through the Suez Canal, which is 8% of the global trade, will be rerouted to the NSR.
Mainland China, Australia,
United States of America,
Japan
and South Korea
International shipping lines may not always prioritise NZ's freight needs
North Atlantic Treaty Organization