Friday, 17 May 2019 13:41

COSCO ready to increase trans-Arctic shipments



COSCO has confirmed that they are ready to increase transit shipments on the Northern Sea Route. While they have not disclosed the number of planned voyages for the coming year, they have indicated that the exact number will depend on weather and ice conditions, and customs demands. With the shorter distance, using the Northern Sea Route will help save time and costs, while reducing fuel use. 



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