Trans-Arctic Shipping Routes Expanding Faster than Previously Projected
February 23, 2022

The findings come at a critical moment, as the shipping industry moves to commercialize trans-Arctic routes. Trans-Arctic routes are shorter than traditional shipping routes, and as sea ice retreat makes trans-Arctic routes more feasible, they become increasingly attractive to stakeholders in the shipping industry. The paper argues, however, that any economic benefits of trans-Arctic shipping may be outweighed by costly environmental and safety hazards and urges for more aggressive action on the development of environmental regulations for Arctic shipping activity.