china plans regular shipping services through arctic
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China plans regular shipping services through Arctic

Arab Today, arab today

Arab Today, arab today China plans regular shipping services through Arctic

Chinese shipping giant COSCO
Shanghai - AFP

China's biggest shipping company COSCO intends to launch regular services through the Arctic Ocean to Europe, a spokeswoman said Tuesday, as global warming makes the route viable and Beijing steps up its northern ambitions.

The state-owned industry giant has only twice sent a vessel through the "Northeast Passage", once in 2013 and again in a voyage completed this month, state media reported.

The European Union is China's biggest trading partner and sailing via the Arctic rather than the Indian Ocean would cut shipping times by as much as nine days, according to previous reports.

"There is an intention to open a regular line in the future and people are discussing it," a spokeswoman for group subsidiary COSCO Container Lines told AFP, without giving a specific timetable.

Her comments came after the official Xinhua news agency reported Monday that Chinese experts and officials had hailed the route as a "golden waterway" for trade.

COSCO released a statement saying the company would "continue to promote normalisation of operations for the Arctic's Northeast Passage".

Earlier this month COSCO's Yong Sheng merchant ship completed a 55-day round-trip voyage between China and Europe using the Northeast Passage, Xinhua said.

The same vessel carried out the firm's maiden journey on the route two years ago.

China does not border the Arctic and has no territorial claim to any of it, but joined the Arctic Council as an observer two years ago.

Observers say Beijing recognises the area's potential for scientific research and its strategic value.

"With global warming and accelerated ice melting in the Arctic, summer voyages in the Northeast and Northwest Passages in the Arctic have become possible, with commercial development and environmental protection issues attracting the constant attention of international society," COSCO said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china plans regular shipping services through arctic china plans regular shipping services through arctic

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china plans regular shipping services through arctic china plans regular shipping services through arctic

 



GMT 09:52 2017 Friday ,14 April

Bahrain to host cybersecurity forum/expo 2017

GMT 08:50 2017 Saturday ,22 April

In or out? EU is hot-button issue in French vote

GMT 20:12 2017 Sunday ,03 September

FM meets US Congress delegation

GMT 10:32 2017 Sunday ,04 June

Water shortage in parts of Muscat

GMT 22:59 2017 Tuesday ,10 October

US will welcome target of 10,000 Syria refugees

GMT 19:45 2017 Wednesday ,11 October

Etihad Airways to launch flights to Azerbaijan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday