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July 16th, 2010
Oil tankers through North East Passage

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BARENTS OBSERVER – The two Murmansk registered oil tankers Varzuga and Indiga are right now on their way through the partly ice-covered Northern Sea Route on their way to Chukotka in Russia’s Far East. The Arctic shipping season 2010 is closely followed by the world’s shipping interests as global warming makes the sea ice retreat in record speed. By sailing the Northern Sea route, the ship-owners save both time and fuel-costs as the distance from Europe to Asia via the north is much shorter than traditionally routes through the Suez- Panama-, or around Africa to Asia. Read More