Donald Gautier News

The debate regarding working in and around the Arctic is multi-tiered, with environmental, technical and emergency response heading the list. There is no debate regarding the fuel, money and emissions to be saved by shortening select global shipping routes. In a report from Bloomberg news posted June 13 on http://www.businessweek.com, it was said there will be a rise in dry bulk cargos hauled through Arctic waters this season, a journey that can halve shipping time compared to some Suez Canal shipments, and simultaneously reduce fuel consumption, costs and emissions.

The fervor to move shipping routes and energy business north of the Arctic Circle is palpable, as countries with physical connection and even ‘non-Arctic’ states are making moves and plans to stake claims to the vast potential that lies within. While the maritime and subsea technology allowing ops in the Arctic’s harsh environs has moved forward fast, there are repeated and regular ‘warning shots across the bow’ of budding entrepreneurs large and small, as the Arctic environment is still largely undeveloped territory, representing risky operations for even the heartiest of souls.